Commercial Underwriter

2 weeks ago

Randburg, Gauteng, South Africa Taxichoice Full time
Bachelor's degree in business, finance, risk management, or a related field.

  • Certified as a Chartered Property Casualty Underwriter or Associate in Commercial Underwriter.
  • A working knowledge of insurance services regulations, including the Investment Adviser's Act.
  • Outstanding mathematical and analytical thinking skills.
  • Excellent understanding of insurance structuring and reinsurance.
  • Great analytical and comprehension skills.
  • Good knowledge of financial analysis and document management software, such as Oracle and M-Files.
  • Strong decisionmaking skills.
  • Time management skills and ability to prioritize.
  • Great communication skills.
  • Working closely with the sales and brokerage departments to obtain relevant documentation from clients.
  • Ensuring that all relevant personal information on the client is captured accurately.
  • Identifying potential risks that can cost the company money.
  • Working closely with the actuarial department to design alternative insurance options for clients.
  • Reporting to management on potential losses and excessive risks.
  • Assisting brokers and sales staff with all underwritingrelated queries.
  • Providing specialized quotes to brokers.
  • Investigate a client's financial history
  • Use relevant underwriting software
  • Evaluate the software's recommendation and offer their own recommendation
  • Create summary reports for clients and upper management
  • Develop comprehensive payment schedules and insurance agreements for clients
  • Identify and inform management of potential risks of insuring the client
  • Review insurance proposals and seek to improve terms
  • Properly Assess and analyze client's background information
  • Participate in continuing education courses to remain knowledgeable and competitive in the industry
  • Use professional techniques and strategies to calculate the risk associated with client policies
  • Review insurance claims and terms to determine the amount to be paid out by the company
  • Designate and prepare insurance premiums based upon informed judgment and competitor pricing
  • Organize meetings with specialists to help determine risk assessment in unique circumstances

Job Types:
Full-time, Permanent

Ability to commute/relocate:

  • Randburg, Gauteng: Reliably commute or planning to relocate before starting work (required)
Application Deadline: 2023/07/14

  • Commercial Underwriter

    2 weeks ago

    Randburg, Gauteng, South Africa Dante Personnel Full time

    Gauteng, RandburgOur client in the short-term insurance industry is seeking a Commercial Underwriter to be based in RandburgMinimum requirements: Must have matric Must have NQF Level 4 qualification related to finance Must have Class of Business Must have RE Preferably over 3 to 4 Years ExperienceConsultant:Elizabeth Dhevar- Dante...

  • Commercial Insurance Underwriter

    2 weeks ago

    Randburg, Gauteng, South Africa Bopano Risk Capital Full time

    Effectively maintaining underwriting standards and providing quality client and broker service Stimulate positive team performance Effective capacity planning to ensure the business processing is not disrupted Regular feedback to team members Liaison with Insurers on all queries to resolution Managing complaints and escalations Statistical reporting on...

  • Underwriter

    2 weeks ago

    Randburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionHello Underwriter,Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of the people that make it happen.As part of our team in FNB Commercial Products, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to...

  • Head of Pricing

    2 weeks ago

    Randburg, Gauteng, South Africa Marvel Placement Consultants Full time

    Head of PricingMinimum Requirements: Matric. Minimum NQF Level 7, i.e. University degree in Actuarial Science or a related field. Beneficial: Qualified FASSA designation of the Actuarial Society of South Africa or an international.- + 5 years' short term insurance pricing experience, including modelling and deployment. Experience of providing actuarial...

  • Deal Architect

    2 weeks ago

    Randburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionTo assist the deal makers with financial, market and risk analysis and credit data analysis to estimate degree of risk in extending credit or lending moneyHello Future Deal ArchitectWelcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make...

  • Commercial Underwriter

    1 week ago

    Randburg, South Africa Energy at Work Projects Full time

    Commercial UnderwriterJoin Our Client's Dynamic Team as a Commercial Underwriter!Are you a meticulous thinker with a passion for analyzing risks and crafting tailored insurance solutions? We are seeking a talented Commercial Underwriter to join our client's vibrant team and make a difference in the insurance industry!Key Responsibilities:Evaluate and...

  • Commercial Underwriter

    4 weeks ago

    Randburg, South Africa Taxichoice Full time

    Bachelor’s degree in business, finance, risk management, or a related field. - Certified as a Chartered Property Casualty Underwriter or Associate in Commercial Underwriter. - A working knowledge of insurance services regulations, including the Investment Adviser's Act. - Outstanding mathematical and analytical thinking skills. - Excellent understanding of...

  • Commercial Underwriter

    3 weeks ago

    Randburg, South Africa Dante Personnel Full time

    Gauteng, Randburg Our client in the short-term insurance industry is seeking a Commercial Underwriter to be based in Randburg **Minimum requirements**: - Must have matric - Must have NQF Level 4 qualification related to finance - Must have Class of Business - Must have RE5 - Preferably over 3 to 4 Years Experience **Consultant**: **Elizabeth Dhevar** **-...

  • Commercial Insurance Broker

    3 weeks ago

    Randburg, South Africa iPersonnel Full time

    **Purpose of the role**: A full-time incumbent to take ownership of increasing the brand's market share by selling appropriate risk solutions to prospective commercial-line insurance clients and managing the service delivery of the client acquisition portfolio. The company requires fully qualified commercial insurance experts to accelerate its growth and...

  • Underwriter

    3 weeks ago

    Randburg, South Africa FirstRand Full time

    Job Description Hello Underwriter, Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of the people that make it happen. As part of our team in FNB Commercial Products, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives...

  • Financial Analyst

    3 months ago

    Randburg, South Africa Green Marble Recruitment Consultants Full time

    Our internationally affiliated client based in Randburg is looking for a meticulous Financial Analyst to become part of their dynamic team. The perfect fit will showcase robust analytical abilities, a comprehensive grasp of financial and risk analysis principles, and proficiency in information and data interpretation. This role entails gathering, processing,...

  • Head of Pricing

    7 days ago

    Randburg, South Africa Marvel Placement Consultants Full time

    **Head of Pricing** **Minimum Requirements**: - Matric. - Minimum NQF Level 7, i.e. University degree in Actuarial Science or a related field. - Beneficial: Qualified FASSA designation of the Actuarial Society of South Africa or an international. - + 5 years’ short term insurance pricing experience, including modelling and deployment. - Experience of...

  • Head of Insurance

    4 weeks ago

    Randburg, South Africa Tracker South Africa Full time

    **Listing reference**: track_000984 **Listing status**: Online **Position summary**: **Industry**:IT & Internet**Job category**:Banking, Finance, Insurance. Stockbroking**Location**:Randburg**Contract**:Permanent**Remuneration**:Market Related**EE position**:Yes**Introduction**: **Job description**: **Key Duties and Responsibilities**: - Engagement with...

  • Deal Architect

    4 weeks ago

    Randburg, South Africa FirstRand Full time

    Job Description To assist the deal makers with financial, market and risk analysis and credit data analysis to estimate degree of risk in extending credit or lending money Hello Future Deal Architect Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that...

  • Deal Architect

    1 day ago

    Randburg, South Africa FirstRand Full time

    Job Description To assist the deal makers with financial, market and risk analysis and credit data analysis to estimate degree of risk in extending credit or lending money Hello Future Deal Architect Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that...