Executive Head: Underwriting, Legal Risk & Regulatory

Sandton, GP, ZA, South Africa

Job Description

What will you do?




We have an exciting opportunity for an Executive Head: Underwriting, Legal Risk & Regulatory within Santam Specialist Solutions.

What will make you successful in this role?



Key responsibilities:


Strategic Management:


Provide sustainable strategic input for your relevant business area that will contribute to the financial health of the organisation through sound governance practices. Provide detailed analysis and reporting on the Technical and Governance Areas. Actively seek ways to keep competitive advantage in the market. Provide feedback on market intelligence. Encourage cross-selling initiatives within Specialist Business by helping underwriters identify opportunities Develop a Sustainable Risk Management Initiative that assists the underwriting & claims team and clients Monitor and report on cover trends and developments and the potential impact on the business.



Technical Underwriting:


Provide oversight, input and coordination into all UW and RI commercial related matters, across SSS portfolio. Provide oversight on high-level portfolio management Promote 'best practice' underwriting process to minimise underwriting operational risk General Technical support to Lines of Business Ensure adherence to underwriting governance and underwriting authorities. Research and Development on new products as required



Claims:



Provide technical & strategic input and guidance to Claims Teams on large/complex claims related matters Monitor for possible aggregation across lines of business



Legal, Governance, Assurance and Risk Management:



Co-operation with Group Shared Services in relation to information management and content of Treaty Agreements Overseeing the Coordinating and collating of audit feedback for business Adherence to the Santam Internal Control policy by implementing an effective system of internal control Implement an effective approach to the identification, assessment, monitoring, management and reporting of relevant operational risk exposures Drive a risk-aware and strong governance culture within SSS Monitor underwriting process quality


Reinsurance:



Alignment of our RI treaties within SSS to the group risk appetite strategy & direction Ensure reinsurance protection in close liaison with SSS Clusters that quantitatively and qualitatively supports underwriting operations Manage the QS arrangement with Syndicate 1918 Promote solutions to minimise Risk of exposure to loss aggregation in conjunction with Lines of Business Statistical analyses for use in portfolio pricing Produce and distribute Treaty overview across SSS

Qualifications & Experience



Minimum 15 years in a similar role - CUO type roles, active underwriter roles, legal counsel and claims oversight roles Broad multi-class specialist risks experience is a requirement Reinsurance strategy, contracting and placement experience, in relation to specialist risks is a requirement Business degree and / or Legal Degree General management development courses Proven leadership skills and experience Established relationships with key persons in the large global & SA National brokers is a requirement Excellent writing and communication skills Proven people relationship skills & EQ skills

Skills & Competencies



Underwriting Governance, Oversight & Product Solutions, Enablement and Portfolio Performance Management: RI Capacity & Policy Wordings Legal & Risk Strategic Initiatives Leadership Responsibility * People Management

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Job Detail

  • Job Id
    JD1611408
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Sandton, GP, ZA, South Africa
  • Education
    Not mentioned