Job title : Senior Underwriter: General Liability
Job Location : Gauteng, Johannesburg
Deadline : January 04, 2025
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Requirements Bachelor degree and/or equivalent NQF Level 7 qualification in general insurance FAIS Compliant Successfully completed the RE 5 Examination Level 1 At least 5 years General Liability underwriting experience Claims experience in General Liability risks would be an advantage Proven track record of underwriting experience e.g. assessing exposure and underwriting levels Very good communication skills (both written & verbal)
Duties & Responsibilities Manage and understand the General Liability Treaty and its provisions Responsible for renewal of the General Liability Treaty and for providing all statistics and underwriting information required for renewal Ensuring that the Treaty meets the requirements of GGI and that any changes are clearly communicated to the various Divisions Seeking additional capacity in the international reinsurance market, where required Control the Liability risks ceded to the treaty by way of formal mandates to every Division Approve and sign off on risks outside of the Mandates of the respective Divisions Ensure compliance with the provisions of the General Liability Treaty, by vetting the General, Products, Motor Third Party and Umbrella Liability policy wordings used by the various Divisions within GGI Provide input on rating and pricing of Liability risks Ensuring that Liability risks are written within the company's risk appetite Monitoring and taking corrective action on badly performing risks Ensure that an acceptable loss ratio is maintained Maintain policy wording drafts and ensure that the product remains competitive with market offering Dealing with day to day queries and amendments to existing policies Providing underwriters in the different GGI Divisions with advice Maintaining and building good customer relationships internally Conducting product training to respective GGI Divisions, where relevant Provide input into building and designing various aspects of the products on a designated system Provide input and guidance on General Liability claims where required
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