Key performance areas (duties & responsibilities)Rate DevelopmentImplement new rating tables to ensure that a profit is madeImplementation of all newly developed / designed products by ensuring compliance to standardsAnalyse claims debts and premiums which provide input into underwriting pricing and riskReport trends as input to budgeting and increased premiums 2.
Re-insurance functionPrepare renewals for Sasria treatyUndertake facultative underwritingMonitor on an on-going basis the ratings of re-
insurance companies3. Underwriting functionImplement and monitor adherence to terms and conditions of productsManagement of problematic accounts and implementation of imposed corrective underwriting criteriaOversee operational issues -
queries, client visits, technical support to agents4. TrainingAssume overall responsibility for underwriting related training on behalf of SasriaoOversee the process of education through various platforms on Sasria products to clients / agents, ensuring basic understanding of Sasria's role in the market (Including national road shows)oPreparation of training material (manuals & presentations) 5.
Risk ManagementManage insurance risk6. Strategy DevelopmentParticipate in the development of a strategy to achieve the objectives of SasriaExecution of the departmental strategyContribute in compiling budgetary requirementsContribute in managing the departmental budget ensuring expenditure remains within the set parametersJob Requirements : Minimum requirements : Tertiary qualificationAt least 5 years of experience in a similar roleInsurance related qualificationRE5 (Advantageous) Experience : 5 -
8 years of experience in an Underwriting position of Short term Insurance