Commercial Underwriter

4 weeks ago


Bedfordview, South Africa PMG Recruitment Services Full time

**Minimum education level**:
Matric

Minimum of 5 yrs Commercial Underwriting Experience

**Responsibilities**:
**Underwriting**:

- Assist with tasks as received from Senior Management
- Assist with technical investigation on Loss Ratio and in-depth claims analysis, corrective actions to be implemented, cancellation discussions with team members and where needed, brokers as well.
- Processing and preparation of quotations, endorsements, amendments, new policy activations, cancellations to be loaded on the TIAL system.
- Assist with technical underwriting on queries on business occupations, operations.
- Assist with the handling of broker queries, assisting underwriting.
- Assist underwriting manager with ad hoc requests for underwriting and claims in the Commercial Department.

**New Business**
- Promoting the company name, it’s capacity and abilities, improving relationships, assisting marketers with complex commercial underwriting matters and claims.

**Risk Surveys**
- Assisting in communicating and promoting risk survey requirements and making sure correct requirements and underwriting criteria is requested and adhered to both by clients as well as brokers and administrators.

**Claims**
- Assisting the Claims department with Queries on an ad-hoc basis.
- Ensuring that TCF principles are adhered to.

**Sales and Marketing**
- Assisting Marketing staff with queries on an ad-hoc basis.

**Risk Management**
- Utilizing the business description report to ensure good quality business on the books.
- Have technical knowledge on Non-Motor and Motor.
- High Level underwriting queries both internal and external - Turnaround time 24 hours.
- Ensuring that policies and amendments are issued without error within 24 hours.
- Checking all documentation to ensure correctness before processing.

**Quotations & Rating**
- Processing of new policies according to Procedures.
- Renewal and renewal invites to be done timeously.
- Processing endorsements.
- Handling queries from the Credit control Department.
- Cancellation of policies.
- Handling queries from brokers - Turnaround time 24 hours.
- Diarize issues that need to be followed up on.
- Ensure filing of closings and schedules according to procedure (electronically) by all Underwriting staff.
- General Office Administration.
- Develop relationships with clients and ensure high levels of service.
- Assist with underwriting queries both internal and external - Turnaround time 24 hours.
- Ensure all risks are written within our Treaty Limits.
- No declined risks are accepted or renewed.
- If required FAC is placed by negotiating with NNAC.
- Perform all other functions as required or requested within reason by senior management.

**Job Types**: Full-time, Permanent

**Salary**: R20 000,00 - R30 000,00 per month

**Education**:

- High School (matric) (required)

**Experience**:

- Commercial Underwriting: 5 years (required)



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