Senior Commercial Underwriter

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
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nick@------

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