Senior Underwriter
- Port Louis
- Not disclosed
- Permanent
- Added 14/02/2025
- Closing 16/03/2025
- HR Department
Assist the Underwriting Manager in the monitoring of the Non-Motor portfolio in view of the achievement of the overall budgeted underwriting results for the Non-Motor lines of business.
The Senior Underwriter will provide technical underwriting expertise to Brokers & Corporate Partners cluster via a delegation of authority framework and provide full technical underwriting support to the Seychelles Branch and the International Partnership team in view of promoting an excellent service to Clients and partners and contributing to the achievement of overall budgeted figures for Non-motor.
Main Responsibilities:
- Vet risk presentations/quotations/pml sheets for all new proposals with facultative placement and/or special acceptance to ensure adherence with Underwriting/Rating/Special Conditions guidelines.
- Analyse and approve all new proposals for the Seychelles branch & the International Partnership cluster.
- Liaise with the reinsurance team for terms and/or for bind cover for all transactions on facultative basis (new policies, renewals & endorsements).
- Liaise with Claims Corporate team for updates on claims on facultative policies as well as loss adjusters’ recommendations.
- Follow up on Risk surveys, on implementation of Loss Adjustors’/Surveyor’s recommendations and all other subjectivities for policies on facultative basis.
- Verify and approve policies on facultative basis as per Policy Verification approval grid.
- Verify and approve of all policy documents/placing slips for Seychelles branch & IP Cluster.
- Assist the Underwriting Manager/Assistant manager in the review of and/or devising procedures/checklists/approval grids as and when required for effective Delegation of Authority.
- Assist the Underwriting Manager/Assistant manager in the prediction and analysis of the Underwriting results monthly & updating the Underwriting indicators for the Technical Dashboard and/or other associated reporting/analysis or projects as required.
- Assist the Underwriting Manager/Assistant manager in the preparation of underwriting statistics for Treaty renewals.
Job Requirements:
- Cert CII
- A minimum of 5 years working experience in underwriting of Non-Motor Insurances
- Basic reinsurance knowledge
- Ability to work under pressure and deal with tight deadlines
- High degree of drive, self-motivation and ability to work independently
- Strong knowledge of Microsoft Office
- Excellent oral and written communication skills
