Job Title:
Casualty Treaty Underwriter
Job Purpose:
Our client is seeking a skilled professional to join their Casualty & Credit Team, responsible for developing and ensuring the profitability of various reinsurance product lines, including Motor, Liability, Credit & Surety, and Personal Accident across South Africa and Sub-Saharan Africa.
The Casualty Treaty Team is a dynamic, multi-disciplinary group comprising experts from Actuarial, Data Analytics, Legal, Insurance, and Risk Management backgrounds. The team focuses on identifying opportunities and addressing challenges related to the pricing, assessment, and management of the company’s Motor, Liability, and Personal Accident treaty portfolio.
The successful candidate will join this collaborative team environment and report directly to the Operational Manager for Casualty, Credit, and Bonds.
Experience Required
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- Assess, underwrite, quote, and negotiate both proportional and non-proportional Casualty Treaty business across Sub-Saharan African markets.
- Review, design, and negotiate contract wordings and conditions in line with underwriting guidelines, legal and regulatory frameworks, and client requirements.
- Independently implement business line strategy by underwriting new and existing business within delegated underwriting authority.
- Collaborate with client management to maintain high service levels, including client engagement and negotiation of treaty terms and conditions.
- Build and maintain strong relationships with clients and brokers, positioning the business as a trusted expert partner.
- Contribute to internal group expertise and industry knowledge through participation in working groups, projects, and knowledge-sharing initiatives.
- Mentor and support junior underwriters through on-the-job training, client exposure, and technical development to enhance their underwriting capabilities.
- 3 - 5 years' experience in treaty underwriting, with focus in casualty treaty and reinsurance markets
Qualification / Skills:
- University Degree in Actuarial Science, Statistics, Insurance, Law, Finance, or a related field.
- Demonstrated commitment to learning and progress.
- An independent working style, with a conscientious and team-focused approach.