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Senior Technical Underwriter (Durban)

Senior Technical Underwriter (Durban)

Job Title: Senior Technical Underwriter (Durban)
Location: Kwa-Zulu Natal
Industry:
Salary: 450000.00
Reference: JN -122016-7321
Job Published: February 27, 2017 17:38

Job Description

Our client, is recognized as one of the top 5 corporate and commercial insurers providing services to many of the top 100 JSE listed companies and Local Authorities in South Africa. They play leading role in empowerment and transformation within the financial services sector.

Area: 
Durban


Purpose of job:
Provides oversight and monitoring/auditing of the company's underwriting risk exposure and profitability in relation to underwriting mandates, disciplines, guidelines including but not limited to all underwriting services, reinsurance requirements and processing of underwriting transactions. 
 
Knowledge, Experience, and Qualifications:
  • Short Term Underwriting (5 years)
  • At least 3 years in area of specialty, i.e. Engineering, Marine, Corporate, Parastatal and Retail, Casualty etc.
  • Technical Underwriting
  • Risk Management
  • Legislative/Regulation
  • Reinsurance
  • Financial/Short Term Industry Practices
  • A good understanding of strategy
  • A good understanding of mandates and binders
 
Education:
  • B Degree or National Diploma in Short Term Insurance or ACII / AIISA
  • RE5 - mandatory
  • FAIS Credits – min 120

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