POLICY WORDING AND TECHNICAL UNDERWRITING SPECIALIST

What will you do?

SBS Underwriting in its Personal Lines Underwriting team has a position available for a Policy Wording and Technical Underwriting Specialist who will be based in Auckland Park, Johannesburg or Bellville, Cape Town.

What will make you successful in this role?

• The purpose of the role is to support Personal Lines and Outsourced Business:
• The incumbent will be responsible and accountable for compiling, updating, reviewing and maintaining of policy wordings, endorsements, addendums, terms, conditions, PPR/ Disclosure notices etc.
• Responsible to give sound claims and personal lines underwriting advice both from a legal and underwriting perspective.
• Responsible for adherence to all regulatory requirements within the Personal Lines Underwriting
• Integrate and update existing Underwriting manuals/policies, operational manuals and underwriting guidelines, etc 
• Create new underwriting guidelines and procedures if required.
• Assist in formulating and sign-off of underwriting circulars and media articles.
• Analysis, interpretation, review, recommend and communicate policy wording / endorsement changes to Binderholders / relevant stakeholders
• Assist with product changes and associated projects 
• Alignment of product changes to that of policy wordings, endorsements etc. 
• Drive implementation and monitor results thereof.
   

Qualifications & Experience

• Min of 8 years’ experience in Short Term insurance - Personal Lines
• Report writing experience
• Strong Technical product underwriting knowledge and proficiency – Personal Lines
• Understanding of Risk management
• Degree in Insurance & Risk Management or similar disciplines would be an advantage.
• Computer literate (extensive experience of Excel, Word, Acrobat Pro and PowerPoint)
• Knowledge of the short term insurance legal framework 
   

Knowledge & Skills

• High analytical thinking
• Ability to grasp concepts quickly
• Exceptional problem solving skills 
• Strong ability to manipulate and interpret policy wording
• Strong communication and presentation skills 
• Proactive and self-motivated
• Ability to perform under pressure
• Time management and focussed delivery of deadlines
• Good planning, analytical and decision-making skills
• A good team player – integrates and shares knowledge and skills
• Displays keen insight and intuition
   

Competencies

• Problem solving
• Producing creative solutions
• Developing and implementing strategy
• Adapting to changing circumstances
• Performing under pressure
• Enterprising and commercial thinking
• Deciding and initiating action
• Leadership
• Building networks and good relations
• Collaborative
• Flexibility and adaptability
• Action orientated
• Information seeking
• Applying expertise and technology