Underwriter - Western National Insurance

2 weeks ago


Tygervalley, South Africa PSG Financial Services Full time

Job title: Underwriter - Western National Insurance

Career level: Intermediary

Qualification: Full Short-Term Insurance qualification and RE5

Location: Tygervalley, CPT

Company industry: Short Term Insurance

Employment status: Permanent

Years of experience: 5 years +

**Job description**:
A unique opportunity to join a JSE listed financial organisation that continually delivers excellent results and growth that exceed all competitors in the market. We are looking for an Underwriter to join the Western National Insurance division. The incumbent should be able to underwrite new policies and renewals, negotiations, and quotes etc.

**Responsibilities**:

- Providing individual client terms on existing and new business
- Developing and creating of new policy schedules on the Tial system
- Preparing and finalising of management reports of all new and cancelled business on certain portfolios
- Issuing new policies, renewals, and endorsements on the Tial system
- Prepare new business quotes
- Negotiating renewal terms and preparing the renewal documentation
- Checking policies before sending it to brokers
- Telephone contact with brokers when they phone in with queries or amendments/additional covers
- Saving all work electronically
- Arrange Facultative Reinsurance when required

**Minimum Requirements**:

- FAIS accredited/compliant (complete full qualification as set by regulation)
- Successfully completed RE5 Examination Level 1
- A minimum of 3 years’ working experience within an insurance company
- A minimum of 3 years’ underwriting experience in commercial lines

**Competencies**:

- Experience in working with engineering related products
- Planning and organizing skills
- Negotiation skills
- Problem solving and analysis
- Client service driven
- Communication and interpersonal skills
- Policy, product and systems knowledge
- Computer literate
- Cross functional awareness
- Team player
- Time management
- Detail orientated

**PSG’s commitment to transform and embrace diversity is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce.**

**In achieving our employment equity goals, we give preference to applicants from designated groups and we encourage people with disability to apply.**

**Who is Western National Insurance**:
In 2012, Western National was purchased by PSG Konsult Limited who together with Santam make up the shareholding. This shareholding reaffirms our credibility, commitment to service excellence and impeccable work ethic. Western specialises in short-term Insurance products and operates through a network of brokers and intermediaries, in both South Africa and Namibia. We have a vested interest in our partners’ success.

Ability to commute/relocate:

- Tygervalley, Western Cape: Reliably commute or planning to relocate before starting work (required)

Application Question(s):

- Do you have commercial line insurance experience?



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