South Africa

DRC Senior Corporate and Commercial Underwriter (insurance), Soweto

DRC Senior Corporate and Commercial Underwriter (insurance), Soweto
Description
Insurance - DRC Senior Corporate and Commercial Underwriter Senior Corporate and Commercial Underwriter Our Client is an international insurance group operating in various territories throughout Africa. They are a highly respected group that is recognized for service excellence in African and International Markets. The group is experiencing expansion across the continent and will hire outstanding individuals to continue the planned growth strategy. Economically strong and experiencing incredible growth, our client is establishing a firm footprint in the DRC.

The position requires you to be based in Kinshasa in the Democratic Republic of Congo (DRC) and report directly to the CEO of that country.

You will act as a senior member of Our Client and International Insurance group with their head office based in South Africa, writing business emanating from the DRC, working to achieve sustainable, profitable targets with a strong emphasis on service. You will act as lead underwriter working across a range of specialist products including AAR, Engineering, CAR, Construction, Renewables, etc. while using your client facing market presence to trade with brokers, risk managers and international insurers and reinsurers across regions.

Your role will see you as the ultimate referral point for your team on technical issues and pricing, you will also be responsible for training, coaching and developing colleagues on technical and development matters.

You will report to and have the support of the Head office technical underwriting team based in South Africa.

Core Tasks

Negotiating and pricing underwriting risks

Renewal of business

Negotiate renewals with Brokers / Clients / Reinsurers

Raising debits and credits

Assist with Credit Control

Liaison / negotiation with Reinsurers on Facultative business and obtaining quotations and placement of Reinsurance.

Liaison with Brokers / Clients

Bulk business negotiations with Brokers or Corporate Clients

Requesting and implementing and monitoring of surveys

Rating and structuring of Corporate Clients

Negotiating tender documents

Negotiate and pricing global program business and arranging of Reinsurance or Co-insurance support

Develop and arranging specialized covers and risks

Smoothly managing your division on a day to day basis.

Screening and distribution of incoming mail.

Ensure accuracy of outgoing documentation is up to company standards.

Facilitating the timeous renewal of policies.

Assisting and overseeing the running of the credit control department.

Liaising and building relationships with Brokers / Clients.

Liaising with and assisting the Global Accounts&RI departments at Head Office with queries on all Global Accounts and re-insurance placements.

Facilitate and assist with queries from the Underwriting, Claims, Marketing, re-insurance and accounts departments.

Assist with arranging facultative re-insurance when required.

Negotiate renewals with Brokers / Clients / Re-insurers.

Provide assistance to HR with new appointments and interviews.

Develop, implement and monitor administration processes to ensure efficient policy administration.

Monitoring and Assisting with commission payments to Brokers and agents.

Monitoring and Assisting with all outgoing re-insurance payments.

Responsible for monthly reporting on underwriting, budgets, Loss ratios and the like to the Executive Committee management meetings.

Assist with commission negotiations.

Qualifications Relevant market experience of minimum 5 years is a requirement. Candidates applying for this position need to be disciplined, presentable, self‑motivated and possess strong time management skills. Work is driven by an internal system and requires an analytical mind.

Highly lucrative remuneration packages including assistance with housing, travel, and associated requirements.

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DRC Senior Corporate and Commercial Underwriter (insurance) has been posted in the Soweto Accounting, Financing & Banking category on Locanto.

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