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Domestic / Personal Lines Underwriter
2 weeks ago
Well established National Financial Institution has a vacancy for a
SENIOR DOMESTIC / PERSONAL LINES UNDERWRITER in their Short Term Division.
KEY RESPONSIBILITIES:
Customer Service:
- Liaison with potential and existing clients, building positive relationships by giving accurate, appropriate information on policy covers, terms and conditions
- Adhering to Service Level Agreements set by the company.
Portfolio Management
- Liaising with Brokers, Insurers and Suppliers
- Processing quotes, new policies, renewals and endorsements
- Accurate record keeping, continuous management of files, correspondence and diary.
Insurance Knowledge
- Studying various insurance products and proposals, and gathering and assessing background information
- Keeping abreast of developments within the industry
- Calculating possible risk using risk assessments, actuarial information, other statistics and own judgement
- Determining correct competitive premiums and fees, and negotiating terms with Insurers and Brokers
- Specifying conditions to be imposed on different types of policies;
- Keeping detailed records of policies underwritten, and decisions made. Financial
- Manage credit control of client portfolios and institute growth of administration Fees
KEY REQUIREMENTS:
- FAIS Compliant (relevant qualification & RE Exam) RE
- NQF 4 /
- Class of Business Training if applicable
- Minimum of 3 years relevant experience in DOMESTIC / PERSONAL LINES UNDERWRITING
- Advanced Computer Literacy
- Excellent communication skills verbal and written
- Attention to Detail
- Team Player
Salary:
R30, R40,000.00 per month
Ability to commute/relocate:
- Durban, KwaZulu-Natal: Reliably commute or planning to relocate before starting work (required)
Education:
- Certificate (preferred)
Experience:
- DOMESTIC UNDWRITING: 5 years (required)
- SHORT TERM EXPERIENCE WITH BROKERAGE: 5 years (preferred)
- POLICY RENEWALS /
AMENDMENTS:
5 years (required)
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