Short Term Insurance Underwriter
2 weeks ago
This position will have full accountability for the underwriting of all Commercial and Personal policies, at every stage of the policy lifecycle i.e.
from quote stage to amendments to renewal of these policies and will therefore require a certain level of discretion to be considered and applied.
Position Requirements:
- Matric certificate
- RE1 or RE recommended
- Minimum COP or Insurance related qualification recommended
- FAIS Compliance: 60 credits Commercial Lines and 30 credits Personal Lines
- 3 to 5 years' experience in the insurance industry sound knowledge of underwriting, policy wordings, pricing and systems
Computer literacy
- Microsoft office & must be able to do system processing
- Strong attention to details Bilingual (English & Afrikaans)
- Good communication skills (verbal and written)
- Working on Tial system (advantageous)
Responsibilities:
- Process and underwrite new business quotes for the intermediaries
- Responsible for large quotes from quoting to policy issue
- Provide technical underwriting and rating advice and acceptance of risk to internal brokers across all classes of insurance business
- Provide support with referral risk, unique risk undefined or mandates
- Interpret and process technical information
- Load new policies on the system
- Do amendments to existing policies on the system
- Liaise with managers and build relationships with intermediaries
- Process policies on system for book takeovers and bulk increases
- Product & System knowledge of Santam, ONE & OMI
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