Technical Manager providing underwriting expertise to support broker relations at Santam. Focusing on growth, profitability, and efficiency in the insurance sector.
Responsibilities
Provide technical underwriting expertise and advice for all Classes of Insurance.
Assist Relationship Managers in explaining complex underwriting principles and decisions to intermediaries.
Balance growth and profit when making decisions by considering the supporting business and regional strategy.
Analyse profitability of multi-claimants or renewal of individual policies and recommend corrective actions to Regional Managers and Relationship Managers.
Discuss proposed amendments to pricing models and new covers with Specialist Underwriters.
Manage: prepare (exception) complex and high value quotes and policy conversions.
Discuss and explain Risk Reduction Requirements (RRR) from survey reports and negotiate with brokers to obtain buy-in: escalate queries only if unable to resolve to Specialist Underwriters.
Build and maintain effective relationships with key stakeholders.
Ensure compliance with underwriting guidelines
Review new business written
Requirements
Grade 12 (Matric Certificate) qualification
Higher Certificate in Insurance or equivalent
Ten years’ experience working in a commercial underwriting department assessing risks, determining pricing and terms across all classes of insurance (Property, Casualty and Motor)
FAIS compliance is a business requirement.
Thorough technical, product and wording knowledge of Santam Commercial and Santam AGRI products
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