Insurance Underwriter

1 day ago


Johannesburg, Gauteng, South Africa WatersEdge Solutions Full time
{"title": "Underwriter Position", "description": "Underwriter Role at WatersEdge Solutions

We are seeking a skilled Underwriter to contribute to our team's success in Johannesburg North. The ideal candidate will possess a strong understanding of short-term insurance regulations and guidelines, as well as excellent customer service skills.

Key Responsibilities:
  • Securing New Business:
    • Collaborate with Account Executives to obtain prospective clients' current insurance details.
    • Approach the market for quotes, complete comparisons, and prepare required documentation.
    • Process policies on the business system, raise invoices, and provide complete documentation packs to Account Executives.
  • Managing Renewals:
    • Prepare claims experience and loss ratio reports, review policies, and ensure all renewal rules are applied correctly.
    • Update comparative spreadsheets, assist Account Executives with market exercises, and draft additional comparisons when necessary.
    • Provide Account Executives with renewal packs for client discussions and follow up on outstanding information.
  • Processing Confirmations and Amendments:
    • Immediately process cover confirmations and handle notifications of interest for financial institutions.
    • Manage amendment requests, obtain necessary terms, and ensure all changes are communicated to clients, Account Executives, and insurers.
  • Handling Cancellations and Multi-Claimant Reports:
    • Manage cancellation requests, liaise with Account Executives for retention efforts, and process cancellations when required.
    • Generate multi-claimant reports, analyze claims, and apply corrective actions as advised by Account Executives.
  • General Administration:
    • Maintain electronic policy files, action daily diary items, and assist other department members when needed.
    • Ensure professional behavior, punctuality, and adherence to service level agreements (SLAs).

Please note that if you are not contacted within 14 working days, please consider your application unsuccessful.

", "company": "WatersEdge Solutions", "location": "Johannesburg North"}

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