Underwriting Manager- Bostwana

Our Client In The Financial Services Industry Is Looking To Engage An Underwriting Manager To Join Their Team.

Key Responsibilities:
Manages The Development Of Insurance Products To Ensure Profitability And Alignment With Regulatory Requirements.
Ensures That The Product Terms And Conditions Are Properly Worded To Cover The Insurance Risk That The Business Intends To Cover.
Ensures The Actuarial Soundness Of Premiums, Benefits And Any Other Values Thereof.
Consults With Key Stakeholders To Ensure That All Product Regulatory Requirements Are Met.
Carries Out Initial Product Training To All Stakeholders To Ensure That The Terms Are Interpreted Accurately.
Formulates The Underwriting Policies For All New And Existing Products And Ensures That They Are Adequate For Business Profitability And Regulatory Compliance.
Ensures That The Risk Taken By The Business Is Acceptable And The Appropriate Premium Is Charged And Is In Line With The Terms And Conditions Of The Cover.
Revises And Recommends The Underwriting Authority Limits And Underwriting Requirements.
Ensures That Analysis On Marketing And Sales Promotions Have Been Done To Quantify The Extent To Which Business Requirements Have Been Met.
Develops Prices And Assesses The Adequacy Of Reinsurance Arrangements And Ensures Compliance Will All Regulatory Requirements On Reinsurance.
Assesses The Sufficiency, Accuracy And Quality Of Data Used In The Actuarial Valuations Report.
Perform Any Other Relevant Duties As May Be Assigned From Time To Time.

Qualifications And Experience:
A Post-Graduation Qualification In Actuarial Or Insurance Is a Must
Analytical, Conceptual And Problem-Solving Skills
Degree In Actuarial Science/Statistics/Mathematics/Economics Or Equivalent.