Engineering Insurance Underwriter
4 weeks ago
**MINIMUM QUALIFICATIONS AND EXPERIENCE**
AT APPOINTMENT
- Preferably an Engineering Degree or similar Engineering Qualification
- Preferably 3 years on site management/supervision experience
- Ideally 3 years Engineering Underwriting Experience
- Experience in International Markets will be an advantage
- FAIS Fit and Proper Compliant
- FAIS Representative - Not under supervision
- Computer Literacy: Microsoft Office
- Valid driver’s license
- Valid Passport
**SUBSEQUENT TO APPOINTMENT**:
- Engineering / Commercial Insurance training both formal and “on the job” resulting in sound technical underwriting capability
- Comprehensive understanding of insurance legislation
- Various practical industry courses and on the job coaching
- Training on advanced engineering insurance products
- Continuous Professional Development
- First Level Regulatory Examination: Representatives
- FAIS Complaint
- Fully Vaccinated
**TRAVEL REQUIRED**:
- As and when required (Local & Abroad)
**MAIN PURPOSE OF POSITION**
? Underwriting of both local and international engineering business
? Organising and conducting surveys of large/complex engineering risks for clients, including preparing internal and external reports (if required).
? Assessing individual risks, evaluating and providing terms and conditions in accordance with the applicable underwriting authority, underwriting guidelines and internal directives
? Ensuring that risk acceptance is aligned with company goals and company and group strategies.
? Developing and growing a sustainable book of business and exploiting new business potentials through active development of relationships with clients.
**KEY FUNCTIONS**
Facultative Engineering Underwriter:
- Understanding Engineering insurance risks
- Comprehension of Engineering policy wordings
- Training of brokers and cedants on insurance products
- Accurate quotations and checking of slips and providing commensurate capacity
- Material preparation for training functions
- Ad-Hoc functions assisting the Marketing Department
- Conducting surveys of engineering risks for clients, including preparation of reports
- Extend our footprint as a recognised insurance partner by assessing, proposing and negotiating the insurance conditions for projects
- Work closely with the existing team in respect of clients and brokers
- Respond to new submissions quickly and effectively
**PERSONAL QUALITIES**:
- Strong team player, business acumen, entrepreneurial mind-set
- Excellent negotiating / communication and social skills
- Ability to work under pressure and managing a high work load
- Ability to organise and prioritise work
- Provides quality customer service (both internally and external)
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