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  • Specialist Liability Underwriting Manager - Johannesburg - Telesure Investment Holdings

    Telesure Investment Holdings
    Telesure Investment Holdings Johannesburg

    1 month ago

    Default job background
    Description

    Job Title: Specialist Liability Underwriting Manager

    Key Job Purpose:

    • Design, implement and manage a technical underwriting framework for the Specialist Liability division to foster superior risk selection, streamlined processing, loss ratio management and underwriting profitability.

    Responsibilities:

    • Underwriting: Make authoritative decisions about technical or professional underwriting and business enhancement solutions to improve business performance. Introduce underwriting rules on the acceptance of business. Resolve escalated underwriting complaints and opinions on claims. Develop, maintain and improve risk acceptance and underwriting guidelines as well as business rules.
    • Product & Solution Development: Manage a medium-sized product development or specialist team. Review and enhance Liability products (addressing gaps and competitiveness). Undertake market opportunity assessment for Liabilities products and comparative analysis on key competitors' products.
    • Risk Management & Analysis: Evaluate individual risks for acceptance where potential high-risk scenarios exist or where there are changes to a client's claims behavior. Determine underwriting processes and minimum risk acceptance criteria for Liability Products.
    • Underwriting Policy Development & Implementation: Develop functional and operational policies for the Specialist Liabilities Department. Create Specialist Liabilities policy and monitor its implementation. Monitor adherence to underwriting policy and set business rules.
    • Operational Compliance: Monitor and review performance and behaviors within the area of responsibility to identify and resolve non-compliance with the organization's policies and relevant regulatory codes and codes of conduct.
    • Performance Management: Respond to personal objectives and use performance management systems to improve personal performance. Monitor the performance of the team supporting the Specialist Liabilities Division; allocate work and review completion, take appropriate corrective action to ensure timeliness and quality.
    • Insights and Reporting: Prepare and coordinate the completion of complex reports, identifying and interpreting patterns and trends, and translating those insights into actionable recommendations.
    • Stakeholder Engagement: Develop stakeholder engagement through identifying stakeholders, finding out their needs/issues/concerns and reacting to these to support the communication of business information and decisions.
    • Organizational Capability Building: Use the organization's formal development framework to identify the team's individual development needs.

    Requirements:

    • Grade 12/ SAQA Accredited Equivalent (Essential); Relevant Degree in Business Management/ BCom or equivalent (Essential); FAIS & RE5 (Essential); IISA or accreditation in Insurance or equivalent (Advantageous); Key Individual Accreditation (Advantageous); Diploma in Risk Management/Insurance or similar (Advantageous).
    • 5 - 7 years experience in Specialist Liabilities underwriting (Essential); 5-7 years experience in Short-term insurance industry - general commercial underwriting experience (Advantageous).

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