Absa Technical Underwriting Analyst Jobs in South Africa

Absa Technical Underwriting Analyst Jobs in South Africa

Job Summary

Short Term Insurance Underwriting (non-FAIS role), Personal Lines minimum 3 Years Experience, Analyze data to take the relevant Portfolio actions to manage the overall performance of the book

Job Description

Initiate change requests followed by system testing for implementation

Manage underwriting referrals Remediate unfavorable risks and multi-claimants by means of Portfolio Management

Analyze portfolios in terms of client and broker performance to achieve targeted loss ratios

Conduct thorough risk assessments of insurance applications and policies to determine coverage, terms, and conditions

Analyze and evaluate risk factors, including loss history, claims data, and other relevant information

Collaborate with binders to obtain additional information and clarify underwriting requirements

Monitor and manage an assigned portfolio of policies, reviewing renewal applications and assessing changes in risk

Collaborate with claims professionals to assess and analyze claims data, identify trends, and make underwriting adjustments accordingly

Provide guidance and support to junior underwriters, sharing knowledge and expertise to enhance overall team performance

Stay updated with industry trends, market conditions, and regulatory changes impacting the short-term insurance sector in South Africa

Conduct competitor analysis to assess market positioning, product offerings, and pricing strategies

Make recommendations to senior management regarding product development, pricing adjustments, and underwriting enhancements

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

How to Apply

For more information and job application details, see; Absa Technical Underwriting Analyst Jobs in South Africa

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