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Insurance Underwriter
2 weeks ago
Job Summary:
We are seeking a highly skilled and experienced Insurance Underwriter to join our team at ManpowerGroup. As an Insurance Underwriter, you will play a crucial role in ensuring that our clients' risks are accurately assessed and managed.
About the Role:
The successful candidate will be responsible for reviewing and evaluating policy applications, assessing risk levels, and making informed underwriting decisions. You will also be required to maintain accurate records, communicate effectively with clients and stakeholders, and contribute to the development of our underwriting policies and procedures.
Key Responsibilities:
- Review and evaluate policy applications to ensure accuracy and completeness
- Assess risk levels and make informed underwriting decisions
- Maintain accurate records of policy applications, premiums, and claims
- Communicate effectively with clients and stakeholders regarding policy terms, conditions, and premiums
- Contribute to the development of underwriting policies and procedures
- Action renewals and cancellations in accordance with internal operating procedures
- Process endorsements and amendments to existing policies
- Disciplined management of daily diary system
Requirements:
- Matric qualification
- FETC in Short Term Insurance (NQF 4) – highly advantageous
- Computer literate with Microsoft Word, Excel, and Outlook skills
- Exposure to or work experience on the TIAL Operating System (System A) – highly advantageous
- Solid knowledge and understanding of short term insurance policy wording (Multimark III and/or Personal Lines)
- Minimum one year relevant work experience in short term insurance underwriting (Personal Lines products)