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SOUTH AFRICAN SPECIAL RISK INSURANCE ASSOCIATION (SASRIA)

 

 

 

CORPORATE UNDERWRITER

 

Details

Closing Date

2026/07/10

Reference Number

SAS260629-1

Job Title

Corporate Underwriter

Job Type

Permanent

Division

Insurance Operations

Department

Claims

EE Occupational Levels

Level 6: Specialists

Location - Town / City

Johannesburg

Location - Province

Gauteng

Location - Country

South Africa

 

Job Advert Summary

The Corporate Underwriter will be required to perform the full corporate underwriting tasks and 

participate in the implementation of the underwriting and re-insurance strategy.

The Corporate Underwriter will also drive reinsurance broker engagements and participate in the implementation of 

terms and conditions for policy holders and rules and regulations for our distribution partners (Brokers, 

Insurers and UMA’s)

The Corporate Underwriter will be expected to provide technical expertise and advisory services to 

Sasria’s internal and external stakeholders.

 

Minimum Requirements

 

Qualifications

• Matric 

• NQF level 7 qualification (BCom degree or similar)

• Higher Certificate in Short-term Insurance

• RE 5 will be an added advantage

 

Experience

• Minimum 5 years’ experience in Corporate Property Insurance

• Experience in leading and/or underwriting corporate property accounts

• Portfolio management is advantageous 

• Experience in negotiating reinsurance placements advantageous

 

Duties and Responsibilities

Strategic Alignment

•  Contribute towards the development of the company’s strategic plans.

• Contribute to the development and drive of the Underwriting strategy.

• Contribute to the review of policy wordings and regulations.

• Conduct continuous market analysis and contribute towards the enhancement of existing products and development of new products. 

• Contribute to the review and implement departmental policies and procedures on an annual basis. 

Rate development

• Contribute to annual rate review to ensure adequate pricing for new and existing products in partnership with the Actuarial function.

• Contribute to risk analysis in partnership with the Business Intelligence function, to improve risk mitigation. 

• Analyse claims and premiums trends which provide input into underwriting pricing and risk.

Underwriting Function

•  Review terms and conditions of products annually to ensure they remain relevant and up to date.

• Contribute technical inputs on discussion and negotiations of policy wordings.

• Review of broker submission on new business and renewals, and the underwriting of business to ensure adherence to Sasria guidelines.

• Risk assessment by analysis of risk management reports, discussion with internal and external stakeholders, and subsequent motivation and 

implementation of risk improvement recommendations.

• Maintain Sasria underwriting standards/discipline based on required information, including insured’s loss history, risk concerns, proposed wordings, deductibles etc

• Conducting GAP analyses of our rules and regulations to ensure they remain relevant and up to date.

• Handle technical queries and provide technical assistance to our brokers and Agents through visits.

• Contribute to the annual rates review, ensuring competitiveness and viability of the product.

• Contribute to Conducting research on possible new products and enhancement to existing products.

• Continuously review product information on our website to ensure remains up to date and relevant.

• Monitor and report on the loss ratio movement.

• Support sustainable pricing decisions by analysing portfolio-level risk concentration, diversification benefits and stress scenarios.

• Compilation and production of data and reports as required by line managers/executive managers of the company.

• Compliance with regulations and delegated authority levels and execution of business within mandates.

• Compilation and submission of new business and renewal business to reinsurers and reinsurance brokers.

• Monitor and apply corrective measures on multi claimants.

• Participate in monthly operations reporting on financial and operations.

Risk Management

• Identifying Risks and Emerging Risks.

• Establish required controls to mitigate operational risks.

Stakeholder Engagement

• Engage legal and Compliance to ensure adherence to regulatory requirements. 

• Continuous engagement with corporate brokers and clients.

• Collaboration with PM and Actuarial teams.

• Collaborate with Internal Audit and Quality assurance to ensure market adherence to Sasria processes.

• Engagement with re-insurance brokers.

Financial

• Contribute towards compiling budgetary requirements.

• Manage allocated budget ensuring expenditure remains within the set parameters.

• Perform any reasonable tasks as and when required by the Line Manager.

Perform Adhoc tasks

Perform any reasonable tasks as and when required by the Line Manager.

Policy

We are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals.

 

PLEASE APPLY HERE

 

 

 

 

 

 

 

 

SENIOR CLAIMS CONTROLLER

 

Details

Closing Date

2026/07/07

Reference Number

SAS260624-1

Job Title

Senior Claims Controller

Job Type

Permanent

Division

Claims

Department

Claims

EE Occupational Levels

Level 4 & 5: Skilled, Technical and Academically Qualified

Location - Town / City

Johannesburg

Location - Province

Gauteng

Location - Country

South Africa

 

Job Advert Summary

To ensure compliance with the short-term insurance regulations, ensure effective processing of claims within the governed framework and management of claims process within assigned mandate. Undertake claims processing by receiving registered claims within mandate, confirm merits within scope of Sasria cover, check and maintain correct reserves, regular follow-up on outstanding documents and constant status update to agent companies.

 

 

 

Minimum Requirements

Qualifications:

Relevant Diploma/ Higher Certificate in Insurance preferable

Tertiary qualification preferable (NQF Level 6)

Experience:

4 – 6 years’ experience in a Claims handling position within short-term (non-life) Insurance Industry

Motor Own Damage experience is an added advantage

 

Duties and Responsibilities

Claims Processes

• Deal with technically complex claims within their mandate.

• Verify and validate all documents under the policy cover and approve or reject claims within delegated authority.

• Exercise proper judgment and decision-making to analyse the claimed exposure, determine the 

proper course of action and appropriately finalise the claim.

• Escalate complex claims to Line Manager.

• Assist Junior Claims Controllers on technical claims.

• Ensure workflow is managed properly on CMS system.

• Daily (or as required by management) progress reporting.

Stakeholder Management (Agency/Broker & Service Provider Liaison)

• Engage with brokers and Agent companies promptly as required.

• Engage with Underwriting department on cover issues, inform them of gaps in cover and policy 

wording and provide them with any claims related data they may require. 

• Ensure identification of all claims where the appointment of legal representation or litigation is 

required or involved and advise the Line Manager, Claims Manager and relevant Executives. 

• Identify and discuss with Line manager appointment of service providers in line with DOA 

(Delegation of Authority).

• Engage any other department or stakeholder as required for the achievement of divisional goals.

• Manage service level agreements with suppliers and ensure deliverables are satisfactory.

Claims Operations

• Provide input into the improvement of claims processes and procedures in line with best practices. 

• Ensure compliance and risk management policies are adhered to in day-to-day claims activities.

• Assist line management in compiling claims performance statistics. 

• Provide input into potential improvement of policy wording and agent procedure manuals -based on

gaps between Sasria and agent company.

Ad hoc Tasks

Perform any reasonable tasks as and when required by the Line Manager.

 

Policy

We are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals.

 

PLEASE APPLY HERE

 

 

 

 

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