Soccer
Tapiwa Musekiwa
Senior Underwriter
Johannesburg,GP
Summary
Dedicated and skilled underwriter in evaluating the clients risk exposure and advisement on handling of risks. Worked with a wide range of clients ranging from personal, commercial and corporate clients. Seeking an opportunity to use my decade of experience in insurance and risk management field. Analytical underwriter with expertise in commercial classes of insurance. Gifted in evaluating risk and loss potential and developing information for new and renewal policies. Team-oriented with success in building relationships with brokers and sales agents to achieve business goals.
Overview
11
11
years of professional experience
2
2
Certifications
Work History
Senior Underwriter
Paladin Underwriting Managers (South Africa)
04.2020
- Collaborate with internal and external stakeholders to proactively manage motor fleet risk from an insurance perspective and deliver motor risk projects
- Working with the head of Department and other internal stakeholders design and develop a motor risk strategy for the business with the aim of reducing incidents and improving the claims experience
- Manage relationships with external service providers to ensure agreed service level agreements and key performance indicators met
- Carry out internal and external audits of motor claims to identify areas of strength and weakness and map a risk program to be communicated to relevant fleet managers
- Provide the Management with regular reports regarding the motor risk performance, through monthly reports, and set out recommendations to be send to each broker
- Assist brokers with the formulation of the risk management techniques to be shared with corporate managers
- Use of Pivot tables to analyze data and risks associated with each account per period of insurance, and advise brokers accordingly
- Processing of renewals i.e
- Monitoring Fleets/Agg/Specified policies on renewal and provide underwriting reviews based on client profile and claims status
- Coordinate with Marketing and Claims Clusters on areas that needs operational improvements
- Provide technical knowledge to junior staffs while grooming towards analytic underwriting reviews and decision making
- Develop processing skills and guide junior staffs towards risk retention, placement and management
- Completion of placing slips for quotations and renewals
- Data analysis/ risk profiling for new business quotations preparation
- Preparation of burner due or alerts letters for all policies issued on AGG Burners and Burners.
Commercial Underwriter
Zimnat Lion (Zimbabwe)
8 2006 - 9 2009
- Reinsurance placements (Both Facultative and Quota Share Treaties) Negotiating with insurance underwriters and brokers for insurance coverage
- Liaise with the risk assessors and surveyors regarding the potential hazards faced by the client
- Quoting, processing and renewal of policy schedules
- Obtain updated underwriting information from the brokers and do proper risk evaluations.
Account Executive
Garrun Group Insurance Brokers (South Africa)
10.2009 - 03.2020
- Assist in the review of major contracts, proposed facilities, and/or new program activities for loss and insurance implications
- Providing basic and complex preventative risk management assessment of processes, procedures and programs
- Planning and organizing together with senior accounts executive and clients' risk officers on risk management and insurance sections and advise risk mitigations and retention strategies
- Presenting to clients, risk surveyors' findings and mapping the way forward on how losses can be mitigated, retained or transferred
- Served as a contact for clients, team members and stakeholders in the provision of expert guidance and assistance in the area of risk management
- Preparing clear and concise communications and presentations on renewals for clients in terms of insurance portfolio and risk management
- Administered a portfolio worth R35,362,802.74 annual premium of Commercial and Personal insurance
- Broking for the insurance companies including Santam, OMI, Hollard, Bryte, Renasa, Bryte etc
- Renewals and quotations presentations and advised clients on the portfolio performance and all insurance related queries including ways of risk exposure management
- Liaised with insurers regarding the clients' accounts on renewals or when there are major changes to be made to the policies.
Education
Bachelor of Commerce Risk Management and Insurance, Upper Second Class (2.1) -
National University of Science and Technology
Post grad Diploma in Risk Management - undefined
University of South Africa
Skills
Decision making
Underwriting
Teamwork
Relationship marketing
Risk Management
Problem Solving
Microsoft Excel
Accomplishments
Created quotations and prorata premium calculations template for the underwriting team.
References
Available on request
Projects
New Business Development, Achieved the set budget targets for the past 3 years. The budget for the period March 2024 to February 2025 is set at R29,500,000, but have already wrote business for R33,300,000 with 7 months to go.
Certification
Excel Academy
Interests
Fishing
Hunting
Timeline
Excel Academy
09-2023
Senior Underwriter
Paladin Underwriting Managers (South Africa)
04.2020
Moonstone Regulatory Exam
07-2011
Account Executive
Garrun Group Insurance Brokers (South Africa)
10.2009 - 03.2020
Commercial Underwriter
Zimnat Lion (Zimbabwe)
8 2006 - 9 2009
Bachelor of Commerce Risk Management and Insurance, Upper Second Class (2.1) -
National University of Science and Technology
Post grad Diploma in Risk Management - undefined
University of South Africa