Senior Underwriter – Commercial Property

Gauteng, Full Time Deadline: Not specified


Under general direction, underwrites assigned risks. Generally has greater underwriting authority and handles larger accounts and/or more complex risks than the Underwriter position.

Technical Underwriting

Underwrite business within underwriting authority through a rigorous risk assessment process which includes consideration of loss control, claims history and all other appropriate risk management factors
Play an active role in the development and negotiation and sign off of large programs by motivating limits and policy structures where referral is required.
Prove technical underwriting guidance to junior underwriters as directed by Profit Centre manager
Ensure adherence with all underwriting guidelines and referrals

Portfolio Management

Manage allocated portfolio accounts in profitable and sustainable growth, constantly assessing overall performance of the portfolio and make recommendations for adjustments to the Profit Centre Manager as needed.
Provide accurate estimates and reports as required

Business Development and Retention

Keep abreast of market changes and trends
Proactively engage with BMC’s to provide technical support for Branch business development initiatives
Seek opportunities to improve synergies and participate in cross-sell initiatives with other profit Centres
Develop and maintain strong personal and professional relationships with clients and brokers
Represent AIG on industry bodies and professional associations and organizations
Business Operations
Adhere to internal SLA’s to ensure operational efficiency and achievement of agreed customer service standards

Expense control

Manage all expenses within budget. Continuously work to reduce the expense ratio through constant attention to efficiencies and opportunities to maximize productivity through streamlining of processes

Audit and Compliance

Ensure adherence to audit requirements
Ensure adherence to regulatory and compliance requirements