Support the Profit Centres & Underwriter with the following:
Delegating instructions from Regional A&H Underwriting
Lead the product development process with Direct Marketing, Worksite, Personal Lines/SME teams
Liaising with Regional Underwriters on new product submissions as and where necessary
Facilitate portfolio management of various product lines
Monthly review of product lines portfolios: A&H, Personal Lines & SME to ensure profitability and viability of products
Detailed reviews are done via products, stat lines, and sponsors
Work closely with Claims Department to facilitate claims data and management; ensuring claim levels are at manageable levels
Facilitate business cases as and where necessary
Develop and ensure the following underwriting management programs are implemented:
Loss Control (appropriate use of the available services)
Underwriting Plan/Monitoring Control
Pricing Management (using the Burning Cost Model as appropriate)
Portfolio Planning, including Account Management
Portfolio Monitoring and Control
Manage, train, mentor and guide Underwriter to be technically proficient in underwriting and product development. Initiate and lead in reviewing underwriting proficiency and customer focus efficiency of Underwriter and Underwriting team.
Liaise with other functional groups to ensure appropriate and timely flow of technical information into and out of the Underwriting Unit: e.g., Finance and Claims.
Ensure all business is underwritten within established Internal Audit Guidelines
Manage projects as and where assigned.
Bachelor’s Degree with 5-8 years working experience in the insurance industry as an underwriter or production underwriter, preferably in A&H, Personal Lines & SME. Professional qualification such as ACII is a plus.
You must be a team player and an effective negotiator with good communication and interpersonal skills
Is resourceful with strong problem solving and analytical skills, paying attention to details accuracy.
Experience working within a profit centre environment with a mid-size to large multinational company.
Able to team lead and provide excellent leadership to the department to deliver support and service to stakeholders.