Domestic Underwriter

7 days ago

Durban, South Africa DELLA MARTINA RECRUITING Full time

**DOMESITIC UNDERWRITER **required by Blue Chip Company based in Durban.

**KEY RESPONSIBILITIES**:
Full Underwriting Function : ' Renewals, Endorsements, Policy wordings
- 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
- NQF 4 / 5
- 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**: R30,000.00 - 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**:

- SHORT TERM EXPERIENCE WITH BROKERAGE: 5 years (preferred)
- POLICY RENEWALS / AMENDMENTS: 5 years (required)
- DOMESTIC UNDWRITING: 5 years (preferred)

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