Main job function
Insurance underwriters analyse risk in insurance proposals, determine policy terms and calculate premiums on the basis of actuarial, statistical and background information.
AIISA or working towards completing of qualification FAIS compliant
Must have Liability underwriting experience Minimum 3 years’ experience.
Salary negotiable depending on experience.
Essential functions (in no particular order)
Major Responsibilities:
• Ensuring that policies and amendments are issued without error within 2 days.
• Checking all documentation to ensure correctness before processing.
• Quotations & Rating
• Processing of new policies according to procedures.
• Ensure all Renewal & Renewal Invites are done timeously.
• Processing endorsements.
• Handling queries from Credit Control department.
• Cancellation of policies.
• Handling queries from brokers – Turnaround time of 24 hours
• General correspondence with broker via e-mail, fax or telephone.
• Diarize issues that need to be followed up.
• Ensure filing of closings and schedules according to procedure. General office administration.
• Develop relationships with clients and ensure high level of service
• Assist with streamlining processes in the underwriting department
• Assist with underwriting queries internal and external – Turnaround time 24 hours
• Comply with the PI & Liability Treaty arrangement
• Ensure all risks are written within our Treaty limits
• No declined risks are accepted or renewed
• Perform all other functions as required or requested within reason
• Technical training for Brokers
A Consultant will be in touch if you are shortlisted for the position. Please consider your application unsuccessful should you not have been contacted within 2 weeks. We will keep your CV on our database and contact you should you match the criteria of any other vacancies.