As Underwriting Analyst, you will support our South African based Underwriting team in the handling of insurance business for corporates and their brokers. Duties and responsibilities directly impact productivity, process efficiency, timeliness, profitability and accuracy of the underwriting process as well as our service delivery to customers. This position may require occasional travel for business meetings or training.
Your Main Tasks
- To accurately capture the terms and conditions of business written in our administration systems
- To prepare and issue documents (binders, policies, endorsements and certificates) to our customers
- To issue invoices where required, including Insurance Premium Tax calculations and the follow-up on outstanding premium positions in close collaboration with centralized Technical Accounting team
- To support the Underwriting unit with renewal package preparation (deal analysis of renewal accounts) and endorsement triaging and preparation
- To regularly interact with external customers and attend client and broker meetings
- Compile, sort, review and verify data accuracy using source documents, detect errors, and initiate correction while following-up with customer or process owner regarding any inconsistencies found
- Follow-up on outstanding documents or items as per internal guidelines following standard operating procedures.
- Support the preparation of internal reports for the South African entity
- Support Business Continuity Planning and reporting in the location
In EMEA Operations we provide support to the Swiss Re Corporate Solutions (CorSo) Underwriting Teams in handling insurance and reinsurance business for corporations and/or their captives.
You will be joining the local South African team, having a variety of proficiencies, skills and experience, all committed to bring success to Swiss Re Corporate Solutions. In the role of Underwriting Analyst, you will work closely with the EMEA Operations teams in centralized and offshore locations as well as your peers in other EMEA locations.
About You
You have:
- a minimum of 3 years of relevant job experience and knowledge and understanding of Re/Insurance business, particularly in servicing and coordinating lead business with focus on International Programs
- a Bachelor's or Master's Degree
- Property Insurance Knowledge is a requirement, additional other line of business is a plus
- strong analytical skills and attention to detail
- the ability to prioritize, plan, coordinate and monitor personal work
- excellent communication skills (reading, written and verbal) in English is a requirement
- profound computer skills and experience with Microsoft Office Package (Special focus on Excel)
- a relevant Insurance certification or diploma is a plus
- actively contributing to the team spirit and ability to build and maintain effective working relations with people in multicultural environment
- a highly motivated individual with ability to work independently and proactively
- accountable to deliver timely and accurate business processing also during peak times
- able to adapt to fast growth, change and demand
About Swiss Re Corporate Solutions
Swiss Re is one of the worlds leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.
Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
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