Commercial Underwriter

2 weeks ago

Sandton, South Africa Momentum Metropolitan Holdings Full time

-Introduction

The Underwriter will be responsible for writing new business, providing renewal terms, technical and claims advice, and liaising with brokers within the agreed mandate limits as determined by the Product Manager / Underwriting Executive.
Role Purpose

The Underwriter will be responsible for writing new business, providing renewal terms, technical and claims advice, and liaising with brokers within the agreed mandate limits as determined by the Product Manager / Underwriting Executive.
Requirements
- Grade 12
- FAIS - Completed RE5 Certificate and Credits (60 credits)
- Proven track record of underwriting experience e.g., assessing exposure, understanding risk reports, underwriting levels and risk rating
- DOFA Certificate
- 5 years’ experience in commercial underwriting
- Technical knowledge on the underwriting of Non-Motor and Motor Commercial risks
- Proven track record of underwriting experience e.g., assessing exposure, understanding risk reports, underwriting levels and risk rating
Duties & Responsibilities
- Quoting and underwriting of new and renewal business on Commercial Risks
- Ensuring that risks are written within the company’s risk appetite and complies within the reinsurance/underwriting treaties and internal mandates
- Knowledge of facultative placements
- Basic system operating knowledge essential
- Renewal process:

- Conduct the policy renewal process, offering renewal terms after analysing claims history and risk profile
- Completing renewal process on system and providing broker with renewal pack
- Credit control, matching cash, invoicing, and assisting Finance Department with matching processes
- Take adequate underwriting action to correct underperforming clients such as increasing premiums, excess payments, deductibles and or terminate relationship
- Monitoring and taking corrective action on poorly performing risks
- Requesting and analysing risk survey reports
- Providing risk survey results, risk survey requirements after analysing risk survey report
- Following up on risk survey requirements and implementation thereof
- Maintain an acceptable loss ratio
- Maintain policy wording drafts, ensure that the product remains competitive with market offering and amended regularly in line with re-insurance treaty specifications
- Maintaining and building relationships with brokers
- Dealing with day-to-day queries and amendments to existing policies
- Provide input into building and designing various aspects of the products on a designated system
- Providing brokers with advice, Handle all broker queries, complaints, and problems
- Conducting product training to brokers
- Do broker visits with a view on growing the Commercial Product footprint, including the overall footprint of the associated business products
- Adhere to all aspects set out as per Commercial Standard Operating Procedures
- Assist with Audit process as requested by Outsourced Authorized Auditors
- Assist with Audit process on existing policies, new business and renewals within delegated authorities, binders
- To perform any other duties that may be assigned
Competencies
- Attention to detail
- Collaborative
- Client commitment
- Good planning and organising skills

Policy

We are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

  • Commercial Underwriter

    4 weeks ago

    Sandton, South Africa CFS Recruitment Full time

    We are looking for a skilled Commercial Underwriter to join our team in Fourways.Job Title: Commercial UnderwriterReporting To: Underwriting ManagerSeniority Level: Mid Career (Above 6 years experience)Type: PermanentDuties and Responsibilities:Assessing and evaluating risks for commercial insurance applicationsUnderwriting HCV, Goods In Transit, and Marine...

  • Commercial Underwriter

    24 hours ago

    Sandton, South Africa Guardrisk Full time

    **Introduction** The Underwriter will be responsible for writing new business, providing renewal terms, technical and claims advice, and liaising with brokers within the agreed mandate limits as determined by the Product Manager / Underwriting Executive. **Role Purpose** The Underwriter will be responsible for writing new business, providing renewal...

  • Commercial Underwriter

    3 weeks ago

    Sandton, South Africa CFS Recruitment Full time

    Job Title: Commercial UnderwriterReporting to: Underwriting ManagerSeniority Level: Mid Career (4-6 yrs exp)Type: PermanentDuties and Responsibilities:RenewalsNew Business quotesUpdate policiesAmendmentsSectors: InsuranceFunctions: Commercial UnderwriterQualification Types: Certificates/CertificationQualifications: RE 5, Higher Certificate in Short Term...

  • Commercial Underwriter: Motor

    2 weeks ago

    Sandton, South Africa Santam Full time

    What will you do? This exciting opportunity is available within Risk Services Commercial Underwriting based at Alice Lane Sandton offices. Assume overall underwriting responsibility for the commercial motor portfolio with the explicit goal to support profitable growth and establish Santam as the undisputed industry leader. What will make you...

  • Commercial Underwriter

    24 hours ago

    Sandton, South Africa Dante Personnel Full time

    Gauteng, Sandton - R 20 000 - R 28 000 Monthly Cost To Company Company based in Johannesburg North is seeking a Commercial Underwriter to join their growing team **Minimum requirements**: - Grade 12 Essential - 4 + years' experience - Fully FAIS compliant, with CPD and Product Specific Training up to date - RE qualification - Strong commercial...

  • Commercial Underwriter Sandton

    5 days ago

    Sandton, South Africa Flink Recruit Pretoria Full time

    Commercial UnderwriterOur client is looking for a dynamic Commercial Underwriter to join the team.Duties & ResponsibilitiesMust be able to speak professionally and know a commercial policy wording.Must have at least 2 years' experience in short-term insurance and in particular commercial lines products (either underwriting or claims).Be able to speak to...

  • Commercial Underwriter

    1 day ago

    Sandton, South Africa Guardrisk Full time

    **Introduction** - The Underwriter will be responsible for writing new business, providing renewal terms, technical and claims advice, and liaising with brokers within the agreed mandate limits as determined by the Product Manager / Underwriting Executive.**Role Purpose** - The Underwriter will be responsible for writing new business, providing renewal...

  • Manager: Commercial Property Underwriting

    3 weeks ago

    Sandton, South Africa Santam Full time

    What will you do? Commercial Underwriting has a position available for a Manager: Commercial Property Underwriting and will based at our Alice Lane Office in Johannesburg. This role will report to the Head: Commercial Underwriting. What will make you successful in this role? The individual is required to ensure Santam’s Commercial Property Portfolio...

  • Senior Commercial Underwriter: H&l

    2 weeks ago

    Sandton, South Africa Santam Full time

    What will you do? Commercial Underwriting within the Underwriting Services team has a permanent position available for a Senior Commercial Underwriter: H&L and SRE based in Gauteng, reporting to the Underwriting Manager: Property To manage Santam’s H&L and SRE Commercial portfolios with regards to risk appetite and underwriting mandate adherence to...

  • Commercial Underwriter Role Sandton

    5 days ago

    Sandton, South Africa Dante Group Pty Ltd Full time

    Job OverviewThe Dante Group Pty Ltd is seeking a highly skilled and experienced Underwriter to join their team in Sandton.This role involves underwriting commercial and personal lines, ensuring that all necessary procedures are followed, and meeting client expectations.Duties and ResponsibilitiesMinimum 5 years of working experience in the insurance...

  • Head : Commercial Underwriting

    2 weeks ago

    Sandton, South Africa Guardrisk Full time

    **Introduction** Overall leadership withinin and management of specific insurance product offering with the GGI division. Stakeholder management with all sectors to ensure that the key goals of the division from a personnel,revenue and expense management are achieved. **Role Purpose** Overall leadership withinin and management of specific insurance...

  • Head : Commercial Underwriting

    1 day ago

    Sandton, South Africa Guardrisk Full time

    **Introduction** Overall leadership withinin and management of specific insurance product offering with the GGI division. Stakeholder management with all sectors to ensure that the key goals of the division from a personnel,revenue and expense management are achieved. **Role Purpose** Overall leadership withinin and management of specific insurance...

  • Casualty Underwriter

    5 days ago

    Sandton, South Africa Santam Insurance Full time

    Santam Broker Solutions (SBS), Commercial Underwriting has a position available for a Senior Casualty Underwriter who will be based in Alice Lane Sandton.What will make you successful in this role?To provide specialist underwriting knowledge in respect of the Casualty portfolio (which incorporates the Liability and Accident classes, including Cyber &...

  • Manager: Motor Underwriting

    3 weeks ago

    Sandton, South Africa Santam Full time

    What will you do? This career opportunity is available at Santam Broker Solutions (Commercial Underwriting) for a Manager: Motor Underwriting What will make you successful in this role? To manage Santam’s Commercial Motor business to ensure achievement of profitable growth targets which includes the following key accountabilities: **Profit and...

  • Manager: Motor Underwriting

    2 weeks ago

    Sandton, South Africa Sanlam Full time

    **What will you do?** - This career opportunity is available at **Santam Broker Solutions (Commercial Underwriting)** for a **Manager: Motor Underwriting**.**What will make you successful in this role?** - To manage Santam’s Commercial Motor business to ensure achievement of profitable growth targets which includes the following key...

  • Senior Property Underwriter

    3 weeks ago

    Sandton, South Africa Santam Full time

    What will you do? Commercial Underwriting has a position available for a Senior Commercial Property Underwriter and will based at our Alice Lane Office in Johannesburg. This role will report to the Manager: Commercial Property Underwriting. The individual is required to fulfil all Senior Property Underwriting functions to ensure Santam’s Commercial...

  • Senior Underwriter Commercia

    2 weeks ago

    Sandton, South Africa Momentum Metropolitan Holdings Full time

    -Introduction The Underwriter will be responsible for writing new business, providing renewal terms, technical and claims advice, and liaising with brokers within the agreed mandate limits as determined by the Product Manager / Underwriting Executive. Role Purpose The Underwriter will be responsible for writing new business, providing renewal terms,...

  • Aar Underwriter

    2 weeks ago

    Sandton, South Africa Sanlam Full time

    **Who are we?** Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success is rooted in our passion for our clients and everything we do is...

  • Broker Binder: Underwriting Auditor

    2 weeks ago

    Sandton, South Africa Guardrisk Full time

    **Introduction** To assist with Underwriting Audits on Outsource and Broker Binder Business Partners. **Role Purpose** To assist with Underwriting Audits on Outsource and Broker Binder Business Partners. **Requirements**: - Grade 12 - FAIS - Completed RE5 Certificate and Credits (60 credits) - At least 5 years’ experience in commercial underwriting -...

  • Underwriting Specialist: Policy Wording

    1 day ago

    Sandton, South Africa Sanlam Full time

    **What will you do?** - A position for an **Underwriting Specialist: Policy Wording & Manuals** exists in the **Broker Solutions** team, based at our office in **Sandton (Johannesburg) **offices.**What will make you successful in this role?** To manage and maintain Santam’s Commercial Lines policy wordings as well as Clause & Additional Wording Components...