Introduction
Responsible for the management of the Underwriting administration function of the underwriting team in respect of analysing risks, providing technical assistance, tracking of administration processes and ensuring adherence to professional standards of service, underwriting mandates and compliance with all legislative and licensing requirements.
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Role Purpose
Responsible for the management of the Underwriting administration function of the underwriting team in respect of analysing risks, providing technical assistance, tracking of administration processes and ensuring adherence to professional standards of service, underwriting mandates and compliance with all legislative and licensing requirements.
Requirements
- Matric
- RE5
- NQF level 5
- Further tertiary qualification advantages
- At least 10 years’ Marine experience as a Senior Underwriter
- At least 5 years' of managerial experience
Duties & Responsibilities
- Responsible for monitoring Operating System performance
- Identify and drive system projects in conjunction with GGI Operations Team, to meet operational requirements of Marine Division
- Ensure staff receive training where required and are proficient in processing administrative duties on systems
- Responsible for overseeing all aspects of policy administration
- Ensure correct capturing of policy information on the system by underwriters
- Ensure SASRIA is issued and raised and all policies
- Ensure timeous raising of all debits
- Reconciling and raising of Binder Bdxs
- Authorising release of payments on both Ski and Thryve systems
- Approve refund requests from Underwriting Team and authorise
- Responsible for Credit Control for Marine Division
- Responsible for collating all policy and underwriting data for the Division
- Compile Loss Ratio Reports
- Provide Renewal Lists to Underwriters
- Responsible for Onboarding and Offboarding of employees
- Compiling of CBR Reports for the Division
- Providing management with monthly reports on new business, credit control, renewal performanceAnalysing and profiling of risk within allocated mandates of underwriters
- Ensure rating guidelines and underwriting guidelines are followed
- Maintain new business register of all quotes
- Ensure underwriters manage diary system for new business
- Monitor treaty adherence on all new business proposals
- Sign off of New Business written by underwriters after quality checks completed
- Ensure each underwriters new business is recorded
- Ensure correct format of documentation is used by underwriters
- Management of capturing of client information on operating systema, raising of premiums and issuing of policies.
- Printing of renewal lists for team and maintaining renewal periods prior to due dates
- Weekly management of renewals with team in underwriting meeting
- Provide support to Underwriters on renewals
- Ensure all outstanding figures are received during the required timeframe
- Pleasurecraft refunds – check and sign off for underwriter
- Cargo endorsements/cancellations/refunds – manually processed and forwarded to management for sign off prior to onward transmission to the Intermediary.
- Ensure surveys are requested by Underwriters, where required, by the Underwriting guidelines
- Ensure unpaid policies are notified to intermediaries
- Management of cancelling policies due to unmet debit orders
- Management of timeous Issuance of SASRIA Coupons / endorsements by underwriters
- Liaising with relevant divisions on SASRIA issues and advising management of progress
Competencies
- Business Acumen
- Client/ Stakeholder Commitment
- Results & Solutions focused driven
- Leads Change and Innovation
- Collaboration
- Impact and Influence
- Networking
- Diversity and Inclusiveness