Senior Marketing & Underwriter: Accident and Health

Introduction Guardrisk is the undisputed market leader in cell captive insurance and risk solutions. We are renowned for our innovative approach to cell captive structures and other alternative risk transfer solutions for our clients. Guardrisk offers clients custom designed cover and is registered in South Africa as an insurer for all statutory classes of non-life and life insurance business.

Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.

Role Purpose The candidate will be responsible to develop, oversee and administer the underwriting function as well as market the product for the accident and health class of business in Guardrisk General Insurance (GGI) as well as ensuring adherence to professional standards of service and compliance with all legislative and licensing requirements.

*Requirements**Qualfication: Matric

• Minimum 120 FAIS Credits (NQF Level 5)
• Bachelor’s Degree or Higher + Recognised Insurance qualification
• RE5 and RE1

Experience:

• 10-15 years accident and health underwriting experience in an Insurance company or UMA
• Specific Underwriting and marketing experience in accident and health class of business
• Extensive broker relationships with large corporate and commercial broking houses critical – exposure to regional and independent brokers an advantage
• Exposure to and knowledge of broker platforms
• Ability to understand implications of reinsurance arrangements for underwriting decisions

*Duties & Responsibilities**Main Functions and Outputs: Develop and manage underwriting and marketing function for Accident and Health division.

• Policy issuing, interpretation and liaison with GGI claims function.
• Assisting in development of new products and the revision of existing products.
• Reviewing and drafting new policy wordings as required in conjunction with Guardrisk underwriting department.
• Ensuring compliance with all legislative requirements including SASRIA, in conjunction with the Guardisk underwriting department.
• Involvement in any special projects identified by GGI senior management including but not limited to the input for development and enhancement of underwriting, administration and claims systems.
• Reconciling the premium and claims reports in conjunction with Guardrisk finance department.
• Escalate problems or complaints where necessary.
• Ensure competitive pricing structure across portfolio while maintaining acceptable loss ratios.
• Continually improve and maintain high service levels.

Financial:

• Prepare and recommend People budget required for the financial year to enable the execution of all projects and initiatives
• Liaison with- and reporting to Guardrisk reinsurance department where required.
• Identify solutions to enhance cost effectiveness and increase operational efficiency.

People Management:

• Monitoring the performance of the underwriting function and relates activities on a continuing basis, taking appropriate steps to improve its effectiveness through performance contracting and reviews.
• Demonstrate exemplary leadership behaviour, through personal involvement, commitment and dedication in support of organisational values.
• Create a positive work climate and culture to energise employees, give meaning to work, minimise work disruption and maximise employee productivity.

Competencies****Business Acumen: Understands how the business operates, what the key issues and risks are that drive business success; and how they impact on the commercial viability of potential ventures and the profitability of the Group. Collaboration: Prioritises the business interests of MMI and invests in the success of the group by aligning effort across divisions.

Customer/ Stakeholder Commitment: Anticipates, meets and exceeds customers’ and stakeholders’ expectations by creating long lasting relationships that support the customer value proposition.

Impact and Influence: Persuades, convinces, influences and inspires others, both within the Group and externally to win support, loyalty and gain commitment to the purpose of the Group.

Drive for Results: Drive a sense of urgency, focus, accountability, agility and execution to deliver business results.

Self-Awareness and Insight: Manages self and relationships with others effectively, deals with ambiguity, uncertainty and pressure, and provides perspective in difficult situations.

Diversity and Inclusiveness: Is sensitive to individual and cultural differences and demonstrates humility and an openness to engage people from diverse backgrounds and cultures to the mutual benefit of all parties concerned.

Leads Change and Innovation: Challenge the status quo, does what is right for the business, and encourages continuous improvement and innovation.