Commercial Underwriter (m/f)

Duties

• Main function of the Role:
• Responsible for the application of sound underwriting principals on the Commercial Lines book to manage the loss ratios and ensure that a profitable book of business is maintained
• Key Performance Areas of the Role:
• Understand and correctly apply sound underwriting principals on all aspects of the Commercial Lines book
• Prepare and submit instructions for processing
• Review all new business before processed – to ensure risk is rated and underwritten correctly
• Prepare all renewal by applying underwriting principals
• Timeous submission of renewal terms to the Brokers
• Follow up and timeous submission of renewals to be processed
• Monthly credit control and unallocated cash to be investigated and action taken to finalize
• Effective handling of queries from Sales team, Brokers, Clients, and all internal departments
• Correctly submit all documentation to be processed
• Timeous and correct feedback on queries and info requested by Management
• Review and underwrite policies after claims
• Review and underwrite policies with high loss ratios
• Obtain all required documentation in order to comply with company and regulatory standards
• Adherence to underwriting rules, guidelines, and processes
• Adherence and implementation of all FIA requirements and processes
• Customer service according to agreed SLAs with business units and/or customers/brokers
• Submission of endorsements and cancellation on policies as per requirements of brokers and clients
• Follow and adhere to all process and system requirements implemented in the daily operations
• Daily audit and maintenance of the current book of business

Requisites

• A matric certificate with 25 points and above
• A CoP in short-term insurance or equivalent
• A minimum of 3 years relevant experience in a Commercial Lines short term insurance underwriting environment
• Any other relevant experience

Notes

• Only shortlisted applicants will be contacted