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Commercial Underwriter
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General Details
Location:
Advertised By:Agency
Company Name:Executive Placements
Job Type:Full-Time
Description
The right person for this role should have an exceptional work ethic, attentive to detail and positive demeanor striving for excellent client service. You will be required to work well independently as well within a team.
Duties will include:
RE 5 - ***Non-Negotiable***
NQF 4 Short Term insurance ***Non-Negotiable***
Minimum 3 years experience as a Commercial Underwriter
***Only shortlisted candidates will be contacted***
Duties will include:
- Establish and retain relationships with clients to gain an understanding of their business styles and needs.
- Review applications to determine if they meet underwriting guidelines.
- Work closely with different departments, clients and other insurers.
- Screen and assess new applications according to predetermined criteria.
- Ensure that all relevant personal information on the client is captured accurately.
- Risk Management
- Identify potential risks and manage accordingly.
- Assist brokers and sales staff with all underwriting-related queries.
- Provide specialized quotations.
- Carry out renewal processing.
- Policy Endorsements.
RE 5 - ***Non-Negotiable***
NQF 4 Short Term insurance ***Non-Negotiable***
Minimum 3 years experience as a Commercial Underwriter
***Only shortlisted candidates will be contacted***
https://www.executiveplacements.com/Jobs/C/Commercial-Underwriter-1148023-Job-Search-01-16-2025-10-17-20-AM.asp?sid=gumtree
Id Subtitle 1310597040
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Executive Placements
Selling for 24 days
Total Ads3.23K
Active Ads3.23K
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3.23KTotal Ads
341.54KTotal Views
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Qualifications and Compliance requirements:Minimum three to five years relevant work experience in Short Term InsurancePersonal attributes: Ability to function independently and under pressure;Assertiveness;Continuous Learning;Commitment;Customer Driven;Excellent Communication skills;Flexible and Adaptable to change;Goal oriented;High attention to detail;Honesty, Integrity and Ethical Behaviour;Results oriented;Self-Starter / Proactive / Ability to use own initiative;Team player.Securing New BusinessCapture and collate client and risk details received from Sales;Binder Insurers: Quote and underwrite in line with Insurer Underwriting Guide and mandates;Other Insures: Approach market for quotes;Provide Sales with quotes from Insurers;Ensure all FAIS documents are completed by Client and Sales;On confirmations from client / sales arrange cover with Insurer;Process policy documents raise debits where applicable;New business pack to be emailed to AE / Client. Where applicable: New Business packs to be printed and bound for delivery to client by AE;Renewals:Renewal listing, claims experience and ratio will be provided 6 weeks prior to renewal (renewals are created automatically in accordance with renewal rule set)Check to see if all relevant FAIS documents are on file;Review the latest record of advice on the policy;Review correctness of cover and insured details on policy ;Send the renewal comparison and schedule to the insurer for review and sign off (Personal Only);Obtain / Negotiate terms with insurers (Domestic Insurer collect);Assist AE with market exercise where necessary complete comparison;Confirm renewal discussion with client to AE or vice-versa Underwriter to be reduced to in writing;Lay off cover with Insurer (Personal);Update summary with renewal information;Process policy documents raise debits where applicable ensuring debit is raised in correct financial period;Send renewal to client (copying in AE) or Complete pack to AE for delivery both Domestic and Personal;Domestic:Domestic Renewals to be prepped by the renewal team from prepping to sending to client ensuring all relevant documents are attached. Where applicable, to discuss with relevant Underwriter / AE;ConfirmationsCover confirmation to be processed immediately copy to AE, client and Insurer (Insurer: Personal only);Diarise if there is outstanding information;Process amendment directly if all information available;AmendmentsAcknowledg
https://www.jobplacements.com/Jobs/P/PERSONAL-LINES-UNDERWRITER-1153920-Job-Search-02-03-2025-04-38-09-AM.asp?sid=gumtree
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