Commercial Underwriting Specialist
1 month ago
We are seeking an experienced Commercial Underwriter to join our dynamic team at The Recruitment Council. As a leading insurance brokerage, we are committed to delivering tailored insurance solutions and driving innovation in the insurance sector.
Job OverviewThe Commercial Underwriter will be responsible for evaluating risks, developing insurance policies, and collaborating with brokers to ensure profitable and sustainable coverage. The ideal candidate will possess a strong understanding of commercial insurance products and a proactive approach to managing risks.
Key Responsibilities:- Risk Assessment: Evaluate commercial insurance applications and assess risk factors.
- Policy Issuance: Develop, negotiate, and issue policies in line with company standards.
- Stakeholder Interaction: Build strong relationships with brokers and internal teams.
- Compliance: Ensure underwriting practices align with regulatory and company guidelines.
- Market Research: Stay updated on industry trends and emerging risks.
- Claims Support: Collaborate with the claims team on underwriting-related issues.
- Documentation: Maintain accurate and detailed records of underwriting decisions.
- Customer Service: Address inquiries and concerns to ensure client satisfaction and retention.
- Experience: 2-5 years in commercial underwriting, preferably in short-term insurance.
- Education: Matric (Grade 12) or equivalent.
- Certifications: Relevant certifications (e.g., NQF Level 4, RE5) are a plus.
- Skills: Strong analytical skills, communication abilities, and a deep understanding of commercial insurance products.
- Attention to Detail: High level of accuracy and attention to detail in managing documents and data.
- Attributes: Proactive, detail-oriented, customer-focused, and a team player.
We are excited to have you join our team and contribute to our success in delivering tailored insurance solutions.
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