Temp Insurance Underwriter, Sandton, R28k

2 weeks ago

Sandton, South Africa Khomeliwa Consulting Full time

**TEMP INSURANCE UNDERWRITER, SANDTON, R28k - R36k p/m,**

**(5 Months Contract)**

Our client is a financial institution focusing on Short-Term Insurance and based in Sandton. They seek the services of the Underwriter on a **temporary basis for 5 months.**

**JOB PURPOSE**

To perform underwriting administration tasks and assist in the implementation of underwriting rules and regulations.

Reviewing terms and conditions of products on an ongoing basis.

Handle queries and provide technical assistance to our brokers and Agents Support the underwriting department in conducting market research

**JOB REQUIREMENTS**

**Qualifications**
- Minimum of an IISA qualification (or studying towards)
- RE 5
- Tertiary qualification advantageous

**Experience**

Minimum of 4 years of experience in a similar role in a short-term insurance company

Underwriting Function:

- Reviewing terms and conditions of products on an ongoing basis
- Reviewing rates annually
- Assist with documentation related to the underwriting plan
- Collating research on new products
- Updating of wordings and regulations
- Updating Excess of Loss information/ details
- Assist with the preparation of monthly underwriting reports for the Executive Manager
- Handle queries and provide technical assistance to our brokers and Agents Support the underwriting department in conducting market research.
- Review our regulations and policy wordings to ensure they remain relevant and up to date

Re-insurance function
- Assist in the preparation of The company treaty renewals
- Assist with preparing treaty renewal data
- Assist with the gathering of data as requested by the Actuarial department

Training
- Support Underwriting specialist in providing education through various platforms on The company products to clients/agents, ensuring basic understanding The Company’s role in the market.
- Updating of training materials
- Updating and maintaining the underwriting library

Perform ad hoc tasks
- Perform any reasonable tasks as and when required by the Line Manager

**REMUNERATION**

R28k - R36k p/m, depending on qualifications and experience

**HOW TO APPLY**

**Job Types**: Full-time, Temporary
Contract length: 5 months

**Salary**: R28,000.00 - R36,000.00 per month

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