Full time Offered Salary :

Senior Underwriter – FAK at Absa Bank Limited

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Job Description

Job Summary

  • To work in the capacity of Senior Underwriter/Supervisor in a unit dealing with Quotations in the department to avoid delays and poor quality business.

Job Description

  •  Supervise the assigned underwriting team to ensure the Key Departmental deliveries are achieved especially on corporate quotations.
  •  Create strong underwriting technical capacity to enable us implement our 2023 -2026 Company strategy around tilting our business to non-motor
  •  Create a specialized QUOTATIONS unit within underwriting.
  •  Ensure risks are properly underwritten as per the company’s underwriting guidelines and within prescribed mandates.
  •  Ensure retention of existing business by timely invitation of renewals
  •  Posting Underwriting transactions and other related tasks within the prescribed timelines
  •  Receive Risk Notes, Issuing Debit notes and Policy Documents
  •  Processing policy documents for the new businesses
  •  Assist in Processing Loss ratio reports and review business performance
  •  Assist claims department by providing the required documents and details immediately
  •  Ensure 100% adherence to the debt management guidelines.
  •  Customer and Intermediary Relationship management

Education

  • Bachelor’s Degree – Insurance, Actuarial, Mathematics or Economics
  • Minimum of 10 papers in ACII or AIK qualification
  • 5 years of Experience in Insurance (technical area)

Education

Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

Method of Application

Interested and qualified? Go to Absa Bank Limited on absa.wd3.myworkdayjobs.com to apply
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