Senior Commercial Underwriter

Location
Johannesburg Region, South Africa
Salary
Competitive salary
Posted
10 Sep 2020
Closes
07 Oct 2020
Ref
2382399
Job role
Accountant
An Engineering Risk and Insurance company based in the East, is seeking a Senior Commercial Underwriter to with strong Technical knowledge on Non-Motor and Motor. Assist in ensuring that the loss ratios are reduced, able to assimilate large amounts of information and apply policy Wording.Duties:
  • Ensuring that policies and amendments are processed without error within 24 hours.
  • Assisting in ensuring that the loss ratios are reduced.
  • Risk Management.
  • Utilizing the business description report to ensure good quality business on the books.
  • High level underwriting queries internal and external - Turnaround time 24 hours.
  • Ensuring that policies and amendments are issued without error within 24 hours.
  • Checking all documentation to ensure correctness before processing.
  • Quotations & Rating.
  • Ensure all risks are written within our Treaty limits.
  • Processing of new policies according to AC & E procedures.
  • Renewal & Renewal Invites to be done timeously.
  • Processing endorsements.
  • Handling queries from Credit Control department.
  • Cancellation of policies.
  • Handling queries from brokers - Turnaround time 24 hours.
  • General correspondence with broker via e-mail, fax or telephone.
  • Diarize issues that need to be followed up.
  • Ensure filing of closings and schedules according to AC & E procedure (electronically).
  • General office administration.
  • Develop relationships with clients and ensure high level of service.
  • No declined risks are accepted or renewed.
  • Placement of FAC when required
  • Training of staff.
  • Perform all other functions as required or requested within reason.
Requirements:
  • Tertiary Education is an advantage
  • Matric / Grade 12 Essential
  • FAIS Compliant including all relevant credits and RE5 exam - or be prepared to
  • obtain as soon as possible.
  • Knowledge of Commercial wordings (Non-Negotiable)
  • Self-starter and highly self-motivated, able to work independently.
  • Accuracy and high attention to detail.
  • Presentable and professional at all times.
  • Computer literate.
  • Problem solving.
  • Flexible.
  • Ability to overcome obstacles

Only shortlisted candidates will be contacted!!

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