Personal Lines Underwriter

2 weeks ago


Durban, KwaZulu-Natal, South Africa DELLA MARTINA RECRUITING Full time

Well established, National Financial Institution has a vacancy for a PERSONAL LINES UNDERWRITING ADMINISTRATOR in Durban.

KEY RESPONSIBILITIES:

Full Underwriting Function:

  • Renewals
  • Endorsements
  • Policy Wordings
  • Client Liaison

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) RE5
    (ESSENTIAL):
  • NQF 4 / 5
    (ESSENTIAL):
  • Class of Business Training if applicable
  • Minimum of 5 years relevant experience in DOMESTIC / PERSONAL LINES UNDERWRITING
  • Advanced Computer Literacy
  • Excellent communication skills verbal and written
  • Attention to Detail
  • Team Player

Pay:
R25 000,00 - R35 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:

  • SHORT TERM EXPERIENCE WITH BROKERAGE: 5 years (preferred)
  • POLICY RENEWALS /

AMENDMENTS:
5 years (required)

  • DOMESTIC UNDWRITING: 5 years (preferred)


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