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5 Sep 2023

Assistant Underwriting Manager – FAK at Absa Bank Limited

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Job Description

Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

Job Summary

To work in the capacity of Assistant Manager – Underwriting, Branch Operations Support in a unit dealing with all Branch Support in the department to avoid delays and poor-quality business.

Responsibilities

  • Supervise the assigned underwriting team to ensure the key departmental deliverables are achieved, especially on branch approvals.
  • Create strong underwriting technical capacity to enable us to implement our company strategy around titling our business to non-motor.
  • Create a specialized team to support quotations unit within underwriting.
  • Ensure risks are properly underwritten as per the company’s underwriting guidelines and within prescribed mandates.
  • Ensure retention of existing business by timely invitation of renewals in the branches and head office.
  • Posting underwriting transactions and other related tasks within the prescribed timelines.
  • Receive Risk notes, issuing debit notes and policy documents.
  • Processing policy documents for new businesses.
  • Assist in processing loss ratio reports and review business performance.
  • Assist in claims department by providing the required documents and details immediately.
  • Ensure 100% adherence to the debt management guidelines.
  • Customer and intermediary relationship management.
  • Co-ordinating meetings and branch visits to support sales team on underwriting technical support.

Education

Higher Diplomas: Business, Commerce and Management Studies (Required)



Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 30 September. 2023





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