Senior Commercial Underwriter

 

Recruiter:

Hutech Head Office

Job Ref:

PTA008655/NE

Date posted:

Monday, March 29, 2021

Location:

Pretoria, South Africa

Salary:

55000


SUMMARY:
Position: Senior Commercial Underwriter Industry: Insurance Sector: Insurance / IT Location: Lynnwood, Pretoria Salary: R 55,000 – R80,000 Closing Date: Friday, 9 April 2021

POSITION INFO:

Position: Senior Commercial Underwriter
Industry: Insurance
Sector: Insurance / IT
Location: Lynnwood, Pretoria
Salary: R 55,000 – R80,000
Closing Date: Friday, 9 April 2021

Introduction:
A vacancy has become available for a Senior Underwriter in Pretoria Region. We are looking for a mature, dynamic and motivated individual to accurately manage and control the allocated broker portfolio from an underwriting perspective.

MINIMUM REQUIREMENTS:
To perform this job successfully an individual must be able to perform each essential duty in a diligent and accurate manner. The requirements listed below are representative of the knowledge, skill and/or ability required.

  • Min 7 years Insurance experience of which min 5 years must be Commercial Underwriting Relevant Insurance qualifications, min 120 NQF credits and completed RE level 5
  • Must be Risk conscious
  • Professional, well-spoken and good attention to detail
  • Strong negotiator must have persuasion and problem-solving skills
  • Very broad general knowledge
  • Good understanding of Risk classification and geographical risk factors
  • Ability to adapt to change and to work under pressure and within short deadlines
  • Analysing business, profitability and broker portfolios
  • Ability to work with various individuals with different knowledge, skill and experience
  • Must be analytical, and must cope with large work volumes and interruptions
  • Must be fully bilingual (speak and write)
  • Must be technologically driven and comfortable with different operating packages including Excel, PowerPoint and MS Word
  • Must be completely competent and efficient on in-house systems(training will be provided)
  • Being able to work independently and remotely
  • Being able to sell the ONE unique value proposition
  • Must be organised, demonstrate good time management skills and be able to prioritise accordingly Must be a team player and creator of trust
  • Eager to learn, Assertive, Positive and Focused
  • Disciplined and principled

Knowledge:

  • Must have good working knowledge and understanding of the insurance industry and industry organogram including competitors
  • Must have good knowledge of Insurance legislation and compliance
  • Comprehensive knowledge of the Company''s products and value-added products and benefits, including all classes of business
  • Must manage the whole Underwriting functionality from rating, endorsements, renewal terms/ conditions and cancellations
  • Clear understanding of ONE''s claims process, procedures and approach to claims handling
  • Being able to do risk analysis at policy level, and broker portfolio level
  • Know the company divisional heads and when to refer underwriting quotes/queries

Responsibilities:

  • Manage and control the allocated broker portfolio from an underwriting perspective
  • Support growth for the Regional GWP budget and management of loss ratio
  • Jointly responsible for new quotes within set service level agreements or mandates
  • To place new business and bind in specific given timeframes and to forward for necessary Re-insurance where applicable
  • To involve the relevant divisional head when and where applicable in terms of quotes/renewals or new business including broker advice
  • Review multi-claimant policies to implement corrective action
  • Responsible for policy cancellations when due and to renegotiate terms and conditions of unpaid premiums/policies
  • Responsible for the workflow on the 1Web system and for data integrity as well as ageing analysis
  • To be available for broker consultation or risk discussion externally or internally
  • To professionally and competently recommend various or alternative products to the broker portfolio at quotes and renewal stage
  • Identify broker training needs and provide recommendations to the Regional Manager
  • To bind risks based on a given mandate and within product risk categorization
  • To identify specific risks within specific broker portfolio''s or individual clients
  • To be completely competent and confident in using the 1Web system for all underwriting processes To provide feedback to Regional managers and Divisional heads on product developments/ shortfalls/needs and recommendations

If interested, please click “Apply”.

Should you not hear from us within 14 days after the closing date, please consider your application unsuccessful.

Contact:
Nick Els
Technical Recruitment
-----
nick@------



 

NB! This job is now closed. You can apply for other jobs by uploading your CV.



 

 

 

Similar jobs you might be interested in:

SMI 18179 - Senior Attorney (Corporate & Commercial Law) – Law Firm – East Rand
Location: Johannesburg
Salary: Highly competitive cost-to-company package
senior Attorney (Corporate & commercial Law) – Law Firm – East Rand
12 days ago


Senior Litigation Secretary (Commercial)
Location: Parktown
Salary: R20 000 Monthly
Our client based in Parktown is seeking an experienced Litigation Secretary  (commercial) to join their teamSalary: R20 000 CTC, based on experience
26 days ago


Senior Accountant
Location: Pretoria
Salary: 600 000
Are you a senior Accountant ready to take ownership and drive financial performance? We’re looking for a hands-on professional to lead the finance function in a fast-paced environment based in Pretoria North!
1 day ago


Intermediate Full Stack Developer
Location: Johannesburg
Salary: CTC
Intermediate Full Stack Developer
1 day ago


Financial Controller
Location: Johannesburg
Salary: 450 000 Annually
Are you a newly qualified Chartered Accountant ready to launch your career beyond audit? If you have a passion for industries like IT or mining and want to step into a role where you can truly make an impact, this opportunity is for you. Our client is seeking a driven and detail-oriented Financial Controller to take ownership of the full accounting function within a dynamic and evolving business e...
5 days ago


Senior Accountant
Location: Johannesburg
Salary: 600 000
Join an established global organisation that operates in a fast paced, high-volume environment and is focused on accuracy, strong controls, and continuous improvement. This is the ideal opportunity for a detail driven senior Accountant who enjoys ownership, responsibility, and working across multiple countries and currencies.
5 days ago


Financial Accountant
Location: Centurion
Salary: 500000 Annually
My client is looking for a Financial Accountant who thrives in a dynamic, service‑driven environment, embracing the pace and expectations of a high‑energy, guest‑focused operation.
5 days ago


Senior Bookkeeper
Location: Johannesburg
Salary: 350000 Annually
Own the detail. Control the numbers. Keep the engine running.A senior Bookkeeper role for a meticulous professional who thrives on accuracy and consistency.
5 days ago


Senior Sales Specialist - Process Solutions
Location: Johannesburg
Salary: 1300000 Annually
senior Sales Specialists — Heat Transfer, Separation & Process Expertise?
5 days ago


Service Manager
Location: Johannesburg
Salary:
5 days ago


Create a free job alert for Senior Commercial Underwriter in Pretoria

Enter your email address below and we will email you similar jobs when they become available:

You can cancel at any time. We will not spam you.
By giving us your email address your agree to our Terms and Conditions