Underwriting Manager (Centurion)

2024/09/19
Reference Number
AO-1703
Description

AFGRI Insurance Brokers is looking for an experienced Underwriting Manager to ensure our adherence to industry regulations and uphold the highest risk management standards.

Requirements

Minimum Requirements

  • Grade 12 (Matric)
  • BCom or Bachelor’s degree in Law, Risk Management, Business Administration, or a related field.
  • RE5.
  • 5 - 8 years of Management experience in Short Term underwriting.
  • Certifications such as Certified Compliance and Ethics Professional (CCEP), Chartered Insurance Institute (CII) qualifications, or specific insurance compliance certifications will be an advantage.
  • Extensive experience as a Super User of the Cardinal Broker Administration System is essential.

Key Performance Areas

  • Regulatory Compliance: Ensure the organisation complies with the Financial Sector Conduct Authority (FSCA) and Prudential Authority (PA) regulations, as well as other relevant legislation such as the Insurance Act of 2017.
  • Risk Management: Conduct regular risk assessments, manage compliance risks, and address incidents and breaches.
  • Insurer Liaison: Work closely with insurers on product updates, underwriting criteria, and compliance matters.
  • Quality Assurance: Conduct internal compliance audits, coordinate with external auditors, and ensure policies and procedures are followed.
  • System Administration: Manage system upgrades, product profiles, and provide training on the Cardinal broker administration system.
  • Policy Development: Develop, implement, and maintain compliance policies and provide training to ensure staff adherence.
  • Reporting: Prepare and submit compliance reports to senior management and regulatory bodies, maintaining accurate compliance records.

Technical Competencies

  • Regulatory Knowledge
  • Risk Management
  • Ability to identify, assess, and mitigate compliance risks.
  • Proficiency in developing and implementing risk management frameworks and controls.
  • Skills in conducting internal audits and compliance monitoring.
  • Ability to develop and maintain compliance monitoring programmes.
  • Knowledge of best practices in policy development and implementation.
  • Data Analysis
  • Ability to design and deliver compliance training programmes for employees.
  • Proficiency in MS Office (Word, Excel, PowerPoint)

Behavioural Competencies

  • Attention to Detail
  • Analytical Thinking
  • Integrity and Ethical Judgement
  • Communication Skills
  • Interpersonal Skills
  • Adaptability
  • Leadership

 

Closing date: 27 September 2024

 

Please note that correspondence will be limited to shortlisted candidates only. Applicants who have not heard from us within 30 days of the closing date may assume that their applications have been unsuccessful and are hereby thanked for their interest. The filling of these positions will be aligned to AFGRI's Employment Equity Policy

 

Applicants are informed that in order to consider any application for employment, we will have to process your personal information.  

 

A law, known as the Protection of Personal Information Act, 4 of 2013 (POPIA) provides that when one processes another’s personal information, such collection, retention, dissemination and use of that person’s personal information must be done in a lawful and transparent manner. 

 

In order to give effect to this right, we are under a duty to provide you with a number of details pertaining to the processing of your personal information. These details are housed under the HR Processing Notice, which can be accessed and viewed on the AFGRI Group website, https://www.agh.co.za/ which HR Processing Notice we request you kindly download and read.   

 

Work Level
Middle Management
Job Type
Permanent
Salary
Market Related
EE Position
Yes
Location
Centurion