Requirements


Minimum 120 FAIS Credits (NQF Level 5)
At least 10 years commercial and corporate underwriting experience in an insurance company
Insurance qualification would be an added advantage
RE5 Short Term (Commercial and Personal Lines)
Knowledge of Sasria and Sasria regulations


Duties & Responsibilities


Issuing and assisting in the structure of the First Party solutions
Ensuring adherence to professional standards of service and compliance with all legislative and licensing requirements
Providing technical underwriting expertise and support to Product Owners, UMA’s and Portfolio Managers
Ensuring that 100% Reinsurance deals are managed and controlled
Ensuring that UMA and NMI Binder Holders are adhering to agreed mandates
Monitoring the underwriting performance of the various cell facilities
Developing / reviewing rating guidelines for the UMA’s and NMI Binder Holders
Performing Due Diligence on New Business prospects prior to Binder of Cell Agreements
Performing client reviews as per the review programme
Assisting in development of new products and the revision of existing ones
Reviewing and drafting new policy wordings as required
Reviewing and ensuring that Policies are issued in accordance with the reinsurance slips for all 100% reinsurance deals
Ensuring compliance with all legislative and licensing requirements
Providing technical advice to Portfolio Managers and Product Owners
Special Projects
Collaboration with Compliance Areas
Ensuring that the Sasria function is controlled and ensuring that the processes are adhered to