Commercial Underwriter

SUMMARY:
Commercial Underwriter

POSITION INFO:

Role: Commercial Underwriter
Location: Durban
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Are you a seasoned Commercial Underwriter ready to take the next step in your career? Our client, a well-established insurance firm in Durban, is seeking a detail-oriented and compliance-driven professional to join their team. If you have strong commercial underwriting experience and thrive in a fast-paced environment, this role could be your perfect fit.

Key Responsibilities:

Activate new business on internal systems once insurer or binder manager approval is received.
Ensure all required compliance documentation is on file. Missing documents must be diarised and referred to the Head of Technical Underwriting.
Distribute new business documentation to clients within 31 days of policy inception. This includes the policy schedule, policy wording, disclosure notice, and signed compliance documents.
Send renewal listings to brokers 3 months in advance of policy expiry.
Prepare and request renewal terms from insurers at least 60 days before renewal.
Ensure updated renewal documents are sent to clients 31 days before the renewal date, including all required documentation and policy updates.
Confirm debit order arrangements with clients prior to policy renewal dates.
Schedule broker renewal meetings 60 days in advance in their Flexi diaries.
Confirm that Letters of Appointment and Debit Order Authorisations are current and on file.
Complete policy amendments within 3 days of request or before system close-off, whichever is sooner.
Acknowledge amendment instructions from clients on the same day they are received.

Requirements:

RE5 Certificate
NQF Level 4 qualification in Short-Term Insurance
At least 5 years’ experience in commercial underwriting

Skills & Competencies:

Strong analytical and problem-solving abilities
In-depth knowledge of insurance regulations and underwriting procedures
High attention to detail and accuracy
Ability to work both independently and collaboratively
Proficiency in interpreting underwriting guidelines and regulatory standards