Job Description

What will you do?

We have an exciting opportunity for a Head: Underwriting Motor Fleet within Santam Specialist Solutions.

What will make you successful in this role?

Primary Role Objective – Strategic Business fulfilment:

• Implement and adhere to compliance with underwriting mandates given to Motor Fleet by Santam in accordance with Underwriting Practice Policy
• Review and enhance Motor Fleets Underwriting Guidelines and Strategy to evaluate appropriateness of key controls and process & rationale of risk assessment, risk selection and rating.
• Review underwriting policies and ensure that directives are in place to address key common group exposures.
• Develop operating model for Policy Wording management and ensure that it is rolled out in the Motor Fleet Unit
• Ensure underwriting and pricing are aligned to the achievement of Motor Fleets Targets.

Strategic Management:

• Provide sustainable strategic input for your relevant business area that will contribute to the financial health of the organisation through sound governance practices.
• Provide detailed analysis and reporting on the Technical and Underwriting Areas.
• Develop a Sustainable Risk Management Initiative that assists the underwriting & claims team and clients.
• Monitor and report on cover trends and developments and the potential impact on the business.

Technical Underwriting:

• Oversee the:

• • maintenance of the Motor Fleet Underwriting Practice Policy
  • maintenance of Underwriting Governance Folder
  • generation of Underwriting Notes & Directives
  • Oversee Underwriting guidelines and audit checklist
• Promote ‘best practice’ underwriting process to minimise underwriting operational risk.
• General Technical support to the business area.
• Provide guidance on technically complex quotes and renewals and ensure quality control in respect of BU underwriting standards.
• Ensure adherence to underwriting governance and underwriting authorities.
• Respond to queries on wordings and sign off all non-standard wordings.
• Research and Development on new products as required.
• Build and maintain a knowledge centre and produce material for regular distribution to the greater business.
• Sign-off of risks in accordance with Authority Matrix

Governance and Risk Management:

• Adherence to the Santam/Motor Fleet Internal Control policy by implementing an effective system of internal control.
• Implement an effective approach to the identification, assessment, monitoring, management and reporting of relevant operational risk exposures.

Qualifications & Experience

• Commercial Degree
• FAIS Compliance
• Minimum of 7-10 years relevant experience at a senior level with a combination of underwriting, re-insurance, legal and insurance in general.

Competencies

• Attention to detail
• Analytical
• Responsive and well organised
• Ability to multi-task
• Commercially minded