Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To develop and implement the underwriting strategy model for Market Underwriting to drive the growth of the Standard Insurance Limited Commercial business through monitoring efficiencies and adherence in day-to-day policy level underwriting. To continuously assess and identify opportunities to improve and optimise processes, both in terms of procedures and the optimal use of systems. Lead and drive a cohesive team of Underwriters to effectively apply sound underwriting practices as per SLA's.

Qualifications

 

Type of Qualification:

A post graduate degree in Business Commerce of Finance and Accounting would be a minimum requirement for this job.

An Insurance qualification and accreditation would be required (AIISA / ACII / FIISA / FCII - Insurance Institute of South Africa / Chartered Insurance Institute.

Other Preferred Qualifications, certifications or professional memberships

A Masters degree in Business Commerce or an MBA would be preferred for this job.

Experience Required
Insurance
Insurance
15 years 
The role requires a seasoned individual with a thorough understanding of the end-to-end Financial Services Value Chain. The role requires Market Underwriting knowledge and experience. Practical experience of insurance, digital and technology, banking and bancassurance and product development. The role requires an experienced executive leader with the ability to provide strategic advice to senior executives and Exco's on risk selection and pricing. Be able to influence strategic decisions.

Additional Information

Behavioural Competencies:

Adopting Practical ApproachesChallenging IdeasChecking ThingsDeveloping ExpertiseDocumenting FactsEmbracing ChangeEmpowering IndividualsEstablishing RapportInteracting with PeopleMaking DecisionsMeeting TimescalesTeam Working

Technical Competencies:

Analysing Insurable RiskInsurance PrinciplesInsurance Products & ServicesRisk/ Reward ThinkingUnderwriting and Pricing RiskUnderwriting Management