Underwriter (Construction & Guarantees)
4 months ago
**Introduction**
- Provide technical support to the senior underwriting team in the Construction Guarantees division.The role will involve financial, technical, credit risk assessment, portfolio management, client and broker liaison.**Disclaimer**
- As an applicant, please verify the legitimacy of this job advert on our company career page.**Role Purpose**
- Provide technical support to the senior underwriting team in the Construction Guarantees division.The role will involve financial, technical, credit risk assessment, portfolio management, client and broker liaison.**Requirements**:
- A Diploma/Degree in the Built Environment or Finance
- Certificate in Short-Term Insurance (or working towards it)
- RE 5 Certificate for Representatives (or working towards it)
- FAIS compliant (or working towards it)
- At least 3 years construction industry, insurance or banking experience
**Duties & Responsibilities**
- Assess, analyse and interpret financial statements
- Conduct risk assessments of clients’ businesses (credit, technical, operational)
- Underwrite new facilities within the underwriting policy, mandate and guidelines
- Conduct annual facility reviews on existing clients
- Compile thorough underwriting reports
- Conduct facility administration (quotes, monthly exposure lists, legal security documents, filing)
- Administer all financial transactions on guarantee transactions (premium quotations, invoices and collateral)
- Build and maintain internal and external relationships with all brokers
- Continually improve and maintain high service levels
- Administer broker and client queries timeously
**Competencies**
- Analytical thinking
- Accuracy and high attention to detail
- Results/output/Deadline driven
- Process orientated
- Team player
- Good communication skills
- Relationship management
- Business acumen
- Networking skills
- Client orientated
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