Commercial Vehicle Underwriter Specialist
1 week ago
Job Title: Commercial Vehicle Underwriter Specialist
Job OverviewiStaff Recruitment is seeking an experienced Commercial Vehicle Underwriter Specialist to join our team. As a key member of our insurance team, you will be responsible for underwriting new and renewal business on Heavy Commercial Vehicle and Goods in Transit risks.
The ideal candidate will have 5-7 years of experience in commercial vehicle underwriting, with a proven track record of assessing exposure and underwriting levels. Strong communication skills, both written and verbal, are essential for success in this role.
Duties and Responsibilities- Underwrite new and renewal business on Heavy Commercial Vehicle and Goods in Transit risks
- Ensure that risks are written within the company's risk appetite and comply with reinsurance treaties and internal mandates
- Monitor and take corrective action on poorly performing risks
- Maintain an acceptable loss ratio
- Maintain policy wording drafts and ensure that the product remains competitive with market offerings
- Deal with day-to-day queries and amendments to existing policies
- Provide brokers with advice
- Maintain and build good customer relationships with brokers
- Conduct product training to brokers
- Provide input into building and designing various aspects of products on designated systems
- Provide comparisons between competitors' products
The successful candidate will possess the following skills and qualifications:
- 5-7 years of experience in commercial vehicle underwriting
- Experience in working with HCV and GIT related products
- NQF Level 4: Short-Term Commercial Lines 60 Credits
- Successfully completed the RE 5 Examination Level 1
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