Barati Mhaladi
Underwriter
Summary
Enthusiastic underwriter eager to contribute to team success through hard work, attention to detail and excellent organizational skills.
Possess ability to work in team-driven and self directed environments.
Motivated to learn, grow and excel in reinsurance industry.
Possess strong critical thinking and analytical skills with ability to maintain high standards of professionalism.
Overview
12
12
years of professional experience
2016
2016
years of post-secondary education
4
4
Certifications
Work History
Underwriter
Emeritus International Reinsurance Company
11.2023 - Current
- Supported review and acceptance or denial of new or renewal treaty and facultative business
- Claims underwriting(Fac&treaty) and recoveries for all business portfolio
- Claims capturing on SICSNT
- Capture new business and renewing business on SICSNT
- Computing risk profiles for all classes of business
- Treaty underwriting
- Monitor portfolios by tracking claims and trends to ensure profitability
- Provide timeous and accurate reporting for premiums, claims, recoveries and cessions using Business objects to head office and board
- Drive customer satisfaction by ensuring service excellence through good turnaround times and timely claim settlements
- Preparing business quotes for different insurance companies
- Supervising the underwriting trainees and assistant underwriter
- Develop and maintain strong relationships with primary insurers, brokers and other stakeholders in order to maintain or increase market share
- Oversee and ensure >80% timely business renewals
- Preparing and sending out quarterly Autofac statements to brokers.
- Report to board on performance/operations
- Collaborate with senior management to develop cost-effective strategies aimed at reducing business costs and increasing profitability
- Reconciliation of premium paid against arrears on both treaty facultative business and collecting of outstanding amounts
- Production of monthly/quarterly/annual operating reports.
- Undertake market visits and arrange marketing outings.
- Supports and attends marketing functions.
Assistant Underwriter
Emeritus Reinsurance Company
08.2018 - 10.2023
- Claims underwriting(Fac&treaty) and recoveries for both local and external business
- Claims capturing on SICSNT
- Assessing and analyzing new and renewing facultative & treaty business - local and external business
- Issuing debit notes, credit notes and facultative placement slips to different reinsurers
- Capture new business and renewing business on SICSNT
- Preparing quotes for different insurance companies - all classes of business
- Computing risk profiles & IRC reports for all classes of business for different quarters using business objects
- Preparing weekly premium&claim reports every Friday which are submitted to head office
- Following up on facultative premium closings and treaty statements due to the company
- Supervising the students on attachment
- Market & scout for new business – entertain clients, coming up with marketing strategies to lobby for new business, acquisition of promotional items for clients
- Sending out renewal notification to clients and follow up on the same every month
- Preparing and sending out quarterly Autofac statements to brokers
- Running monthly reports for premiums, claims, recoveries and cessions using Business objects
- Credit control.
Trainee Underwriter
Emeritus Reinsurance Company
07.2017 - 07.2018
- Claims underwriting for both local and external business
- Assessing and analyzing facultative and treaty business (new business & renewing business) - local and external business
- Issuing debit notes, credit notes and facultative slips to different reinsurers
- Capture new business and renewal information on SICSNT
- Preparing weekly figures reports every Friday for Head office
- Following up on facultative premium closings and treaty statements due to the company
- Supervising the student on attachment
- Send out renewal notification to clients and follow up on the same every month
Intern
First Reinsurance Pty Ltd now Emeritus Reinsurance Company
07.2016 - 06.2017
- Assessing and analyzing facultative and treaty business - new business & renewal business
- Capturing premium and claim information on Microsoft Excel premium schedule
- Issuing debit notes, credit notes and facultative slips to different reinsurers
- Capture business information on SICSNT
- Preparation of weekly premium & claim figures
- Following up on premiums and treaty statements due to the company.
Attache (Underwriting)
First Reinsurance Company now Emeritus Reinsurance Company
01.2014 - 12.2014
- Capturing and recording of business information on Microsoft Excel premium schedule
- Following up on outstanding premiums due to the company
- Analyzing of facultative slips and creating debit&credit notes
- Following up on closings and treaty statements
- Following up on claim payments
- Assessing treaty business.
Education
Bachelor of Commerce - Risk Management And Insurance
NUST Zimbabwe In Collaboration With Ba Isago
Gaborone, BotswanaSkills
Relationship building
Communication and networking skills
Teamwork
Analytical skills
Ability to work well with people of different ethnicity and races
Numerical skills
Certification
Introduction to Reinsurance, Insurance Institute of Botswana, 02/21/2019
Personal Information
- ID Number: 407923124
- Date of birth: 03/29/1993
- Gender: Female
- Nationality: Motswana
References
- Pako Phalaagae, Underwriter, Emeritus Reinsurance Company, P O Box 404271, Broadhurst, +267 3121041, 76143636
- Ms Boitshoko Ntebela, Accountant, Emeritus Reinsurance Company, P O Box 404271, Broadhurst, +267 3121041, 74111821
Interests
Reading
travelling
Volunteering
Timeline
Underwriter
Emeritus International Reinsurance Company
11.2023 - Current
Assistant Underwriter
Emeritus Reinsurance Company
08.2018 - 10.2023
Trainee Underwriter
Emeritus Reinsurance Company
07.2017 - 07.2018
Intern
First Reinsurance Pty Ltd now Emeritus Reinsurance Company
07.2016 - 06.2017
Attache (Underwriting)
First Reinsurance Company now Emeritus Reinsurance Company
01.2014 - 12.2014
Bachelor of Commerce - Risk Management And Insurance
NUST Zimbabwe In Collaboration With Ba Isago
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