Internal Broker/ Corporate Underwriter

SUMMARY:
Our client based in Cape Town is looking for an Internal Broker/ Corporate Underwriter that is FIAS compliant, has their RE5 and has 3 years underwriting experience to join their team.

POSITION INFO:

A recent professional profile photo is to accompany your application
EMPLOYMENT TYPE : Permanent
SECTOR : Insurance
BASIC SALARY : Market Related
START DATE : A.S.A.P / Immediate

REQUIREMENTS:

• 3 + years corporate underwriting experience
• Microsoft Office (Word, Excel)
• Matric or Equivalent
• RE5 – NON NEGOTIABLE
• FAIS compliant (credits and/or full qualification)

• Take appropriate action to minimize cancellations
• Ensure retention targets are met
• Ensure and contribute to minimization of general expenses
• Ensure that all stakeholder (e.g. clients, AE’s, insurers) communication is accurate, timeous, professional and relevant
• Build and maintain mutually beneficial relationships with internal and external stakeholders
• Ensure and contribute to achieving own and company required client satisfaction targets
• General Enquiries such as but not limited to cover, products, processes
• New Business, Renewals, Endorsements and Re-broke
• Create a risk profile
• Analyze clients’ portfolios
• Conduct a cover assessment
• Request, obtain and assess quotes from insurers
• Request, obtain and/or provide clients with all required information and/or documents
• Arrange valuations and reinsurance
• Raise premiums
• File all relevant documentation electronically and in hard copy
• Follow retention processes
• Cancel the policy on the system
• Confirm cancellation request with the client
• File all relevant documentation electronically and in hard copy
• Raise invoices
• Request refunds from line manager electronically
• File all relevant documentation electronically and in hard copy
• Ensure claims are managed according to set processes
• Keep diary up to date at all times
• Ensure that surveys and valuations are received within agreed time lines
• Ensure effective complaint resolution within the required time lines
• Ensure service level agreements are met
• Ensure productivity targets are met
• Contribute towards and ensure continuous improvement in own and team performance
• Adhere to company mandates
• Participate and contribute in ad hoc projects
• Report any suspected fraud, misrepresentation and/or dishonesty
• Live the RBS values
• Ensure continuous self-development
• Ensure objectives of own development plans are achieved
• Share information and knowledge with the team
• Ensure productivity and quality assurance targets are met

• Mon – Fri: 08:00 – 16:30