Commercial Underwriter

7 months ago


Johannesburg, South Africa Dynexity Full time

My client, global financial services group is looking for a Commercial Underwriter to join their Insurance Broker Division. Must have relevant degree/diploma and RE5 with minimum 10 years experience in Commercial Underwriting (Marine experience will be an advantage). You will handle all client division compliance and underwriting.

Key Responsibilities Include:

- Monthly account reconciliation and support to the broker
- Conduct monthly renewals - reviewing existing client policies as per insurer terms, negotiating these terms and presenting comparisons to clients
- Escalate client cancellations to the broker
- Ensuring Compliance to FAIS Code of Conduct
- Ensure endorsements are completed daily, weekly and monthly for clients -including cancellations, policy changes and ensuring all policies are kept up to date and client informed
- Portfolio Management - Monitor loss ratios and take necessary corrective action


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