Commercial Underwriter

4 weeks ago


Cape Town, South Africa Sagen Advisory Full time

A rapidly expanding wealth and risk management business with a reputation for excellence is currently seeking to fill a commercial underwriting position.

This is an exciting opportunity to join a rapidly expanding business with offices in Stellenbosch, Durbanville, and currently expanding across the country.

The core function of this role is to analyse information, establish the client’s risk, match risk with the most appropriate product, screen the applicant based on a set of underwriting criteria, evaluate the risk and do recommendations from an underwriting point of view to mitigate losses, determine appropriate premiums and ensure the risk falls within the treaty conditions.

**Duties and Responsibilities**:

- Provide stakeholders with effective and efficient commercial lines underwriting services according to the required standards and procedures in order to retain existing clients and secure new business in support of the business strategy.
- Take appropriate action to minimise cancellations.
- Ensure retention targets are met.
- Ensure that all stakeholder (e.g. clients, AE’s, insurers) communication is accurate, timeous, professional and relevant.
- Build and maintain mutually beneficial relationships with internal and external stakeholders.
- Ensure and contribute to achieving own and company required client satisfaction targets.
- Adhere to company quality standards and broader regulations.
- General Enquiries such as but not limited to cover, products, processes, etc.
- New Business, Renewals, Endorsements and Re-broke.
- Analyse clients’ portfolios.
- Request, obtain and assess quotes from insurers.
- Request, obtain, and/or provide clients with all required information and/or documents.
- Raise premiums.
- Cancellations.
- Follow retention processes.
- Cancel the policy on the system.
- Confirm cancellation request with the client.
- File all relevant documentation electronically and in hard copy.
- Refunds.
- Raise invoices.
- Request refunds from the line manager electronically.
- Engage in timely and proactive communication with relevant client account executive regarding movements on the client’s portfolio and servicing requirements.
- Ensure productivity targets are met.
- Contribute towards and ensure continuous improvement in own and team performance.
- Adhere to company mandates.
- Participate and contribute to ad hoc projects.

**Qualifications and Experience**:

- Tertiary Qualifications - Relevant tertiary qualifications will be highly desirable.
- RE5 (regulatory examination for Representatives) or working towards.
- 4+ years’ experience in a similar role.
- Personality - Customer-centric & results driven.
- Fluent in English and Afrikaans.
- Clear credit record, with no criminal record.
- FAIS Compliant.
- Computer Literate.
- Excellent Communication skills.
- Excellent Client Service skills.
- Intermediate Excel skills.

**Remuneration**:

- R20,000 to R35,000 pm, depending on experience.



  • Cape Town, Western Cape, South Africa Santam Full time

    What will you do?Santam's Operations' division currently has an exciting opportunity available for a Commercial Underwriter who will be based within the Operational Underwriting and Risk Control team (Bellville or Johannesburg).To be responsible for maintaining and administering the Santam Underwriting rules within the Commercial Underwriting Technical Team...


  • Cape Town, South Africa Sanlam Full time

    What will you do? Santam’s Operations’ division currently has an exciting opportunity available for a Commercial Underwriter who will be based within the Operational Underwriting and Risk Control team  (Bellville or Johannesburg).  To be responsible for maintaining and administering the Santam Underwriting rules within the Commercial...


  • Cape Town, Western Cape, South Africa Santam Full time

    What will you do? Santam's Operations' division currently has an exciting opportunity available for a Commercial Underwriter who will be based within the Operational Underwriting and Risk Control team (Bellville or Johannesburg). To be responsible for maintaining and administering the Santam Underwriting rules within the Commercial Underwriting...


  • Cape Town, South Africa Yazoo Recruitment Specialists Full time

    Commercial Underwriter with relevant insurance qualifications (NQF4 /NQF5 FAIS compliance & RE5) and minimum 5 years’ short term commercial underwriting experience in a Broker environment, required to start with this national FSP based in Cape Town City Bowl. Minimum requirements: - Matric - FAIS compliance as set by FSCA - RE5 essential - Minimum 5...


  • Cape Town, South Africa Mirror Images Full time

    Western Cape, CPT - CBD - (Market related) An insurance company based in Cape Town is currently seeking a Commercial Underwriter to ensure the accurate and efficient capturing, processing and completion of client policies **Recommended Qualifications**: Matric, FAIS Compliant (Full Short Term Insurance Qualification at NQF level 4 or higher) Successfully...


  • Cape Town, South Africa Yazoo Recruitment Specialists Full time

    Commercial Underwriter with relevant insurance qualifications (NQF4 /NQF5 FAIS compliance & RE5) and minimum 5 years’ short term commercial underwriting experience, required to start asap. **Minimum requirements**: - Matric - FAIS compliance as set by FSCA - RE5 essential - Minimum 5 years’ short term insurance commercial underwriting experience...


  • Cape Town, South Africa Yazoo Recruitment Specialists Full time

    Commercial Underwriter with minimum 3 years’ Short Term Commercial Underwriting experience preferably within a Broker environment, required to start asap with a national Financial Service Provider. Positions available in Cape Town CBD, Claremont and Bellville. : - Matric - Relevant Insurance related qualification - FAIS & RE required - Minimum 3 years’...


  • Cape Town, South Africa Yazoo Recruitment Specialists Full time

    Commercial Underwriter with minimum 3 years’ Short Term Commercial Underwriting experience, preferably within a Broker environment, required to start asap with this national Financial Service Provider. Positions available in Cape Town and Bedfordview, GP. **Minimum requirements**: - Matric - Relevant Insurance related qualification - FAIS & RE...


  • Cape Town, South Africa Yazoo Recruitment Specialists Full time

    Commercial Underwriter with minimum 3 years’ Short Term Commercial Underwriting experience, preferably within a Broker environment, required to start asap with this national Financial Service Provider. Positions available in Cape Town. : - Matric - Relevant Insurance related qualification - FAIS & RE essential - Minimum 3 years’ experience in a short...


  • Cape Town, Western Cape, South Africa Mirror Images Full time

    Western Cape, CPT - CBD- (Market related)An insurance company based in Cape Town is currently seeking a Commercial Underwriter to ensure the accurate and efficient capturing, processing and completion of client policiesRecommended Qualifications:Matric, FAIS Compliant (Full Short Term Insurance Qualification at NQF level 4 or higher)Successfully Completed RE...


  • Cape Town, Western Cape, South Africa Yazoo Recruitment Specialists Full time

    Commercial Underwriter with minimum 3 years' Short Term Commercial Underwriting experience preferably within a Broker environment, required to start asap with a national Financial Service Provider.Positions available in Cape Town CBD, Claremont and Bellville: Matric Relevant Insurance related qualification FAIS & RE required Minimum 3 years' experience in...


  • Cape Town, Western Cape, South Africa Yazoo Recruitment Specialists Full time

    Commercial Underwriter with relevant insurance qualifications (NQF4 /NQF5 FAIS compliance & RE5) and minimum 5 years' short term commercial underwriting experience, required to start asap.Minimum requirements: Matric FAIS compliance as set by FSCA RE5 essential Minimum 5 years' short term insurance commercial underwriting experience requiredResponsibilities:...


  • Cape Town, Western Cape, South Africa Yazoo Recruitment Specialists Full time

    Commercial Underwriter with relevant insurance qualifications (NQF5, FAIS compliance & RE5) and minimum 5 years' commercial underwriting in a Broker environment, required to start asap.Minimum requirements: Matric FAIS compliance as set by FSCA RE5 essential Minimum 5 years' commercial underwriting experience, preferably in a Broker environment,...


  • Cape Town, Western Cape, South Africa Santam Full time

    Who are we?Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia. Our success is rooted in our passion for our clients and everything we do is centred on...


  • Cape Town, Western Cape, South Africa Yazoo Recruitment Specialists Full time

    Commercial Underwriter with minimum 3 years' Short Term Commercial Underwriting experience, preferably within a Broker environment, required to start asap with this national Financial Service Provider.Positions available in Cape Town and Bedfordview, GP.Minimum requirements: Matric Relevant Insurance related qualification FAIS & RE essential Minimum 3 years'...


  • Cape Town, South Africa RBS Insurance Brokers Full time

    **Role Purpose** The Commercial Underwriter Lead is responsible for overseeing and guiding a team of commercial underwriters at a short-term insurance brokerage, ensuring high standards of underwriting, compliance, and client service are maintained. This role involves both leadership responsibilities and direct underwriting tasks, aiming to optimise team...


  • Cape Town, South Africa Status Staffing Full time

    **Western Cape**, Cape Town** **(Market related)** Our client based in Cape Town is looking for a Commercial Underwriter with experience at a short-term insurance brokerage and is FIAS compliant. EMPLOYMENT TYPE : Permanent SECTOR : Insurance BASIC SALARY : Market Related START DATE : A.S.A.P / Immediate **REQUIREMENTS**: - A minimum of 3 years’...


  • Cape Town, Western Cape, South Africa Risk Benefit Solutions Full time

    IntroductionRBS is one of the largest Short Term Insurance brokerages in Southern Africa.We are looking for Commercial Underwriters to join our team in Cape Town.Role PurposeProvide stakeholders with effective and efficient commercial lines underwriting services according to the required standards and procedures in order to retain existing clients and secure...


  • Cape Town, South Africa Yazoo Recruitment Specialists Full time

    Senior Commercial Underwriter with minimum 2 years Team Leader experience and minimum 5 years’ commercial underwriting experience in a Broker environment, required to oversee and guide a team of commercial underwriters for this national Broker Firm based in Cape Town CBD. - Short Term Insurance related qualifications essential - NQF4 / NQF5 or similar -...


  • Cape Town, South Africa Xcel Human Capability and Talent Solutions Full time

    **Role Purpose** Provide stakeholders with effective and efficient **commercial lines underwriting services **according to the required standards and procedures in order to retain existing clients and secure new business in support of the business strategy. This includes: - General Enquiries such as but not limited to cover, products, processes etc - New...