Head, Market Underwriting

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.

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.

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.

Behavioural Competencies:

• Adopting Practical Approaches
• Challenging Ideas
• Checking Things
• Developing Expertise
• Documenting Facts
• Embracing Change
• Empowering Individuals
• Establishing Rapport
• Interacting with People
• Making Decisions
• Meeting Timescales
• Team Working

Technical Competencies:

• Analysing Insurable Risk
• Insurance Principles
• Insurance Products & Services
• Risk/ Reward Thinking
• Underwriting and Pricing Risk
• Underwriting Management