Trainee Underwriter (Professional Indemnity)

Job Description

Key responsibilities include:  Underwriting:Underwrite and manage a portfolio of existing and new business, including all tasks associated therewith but not limited Underwriting Governance which includes detailed risk evaluation and assessment, coverage and exposure analysis, pricing determination, detailed claims analysis (understanding loss ratios and claim trends) and wording review.Refer and acquire sign-off relating in accordance with authority matrix.Adherence at all times to the authority matrix, departmental protocols and procedures, including Underwriting Governance provisions.Detailed explanations regarding changes with respect to terms/ underwriting stance.   

Responsibilities + Skills

Bachelors degree advantageousFAIS compliance a preference

Education

Short term insurance experience.MatricNQF Level 5 Short Term Insurance qualification

Experience

Job Summary

  • Published on: Tuesday, 2nd July 2024
  • Designation: Trainee Underwriter
  • industry: Miscellaneous
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: 0
  • Gender:
  • Application Deadline: Tuesday, 2nd July 2024
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About the Company

  • Company Name: Sanlam.
  • Address: PO Box 1. Sanlamhof 7532. Street address. Sanlam Head Office, 2 Strand Road
  • Website: www.sanlam.co.za
  • Company Profile:
  • Charlize Theron may have run away to Hollywood, but the Sanlam Group keeps its star power at home in South Africa. Targeting middle-market and affluent clients, the company provides insurance and wealth management services. Major segments are life insurance (including annuities and other investment products) and short-term insurance (property and casualty coverage sold through majority-owned Santam). The company has been expanding its investment business through segments including Sanlam Investment Management, its Octane hedge fund of funds, and its SIM Emerging Markets, which focuses on African economies.

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