COMMERCIAL UNDERWRITER

SUMMARY:
COMMERCIAL UNDERWRITER / SHORT TERM INSURANCE

POSITION INFO:

Leading National Financial Institution has a vacancy for a SENIOR COMMERCIAL UNDERWRITER in their Durban Office.

Description of Role:

To provide clients with accurate information and an efficient service.

Key Responsibilities:

Customer Service

•  Liaison with potential and existing clients, building positive relationships by giving accurate, appropriate information on policy covers, terms and conditions;
• Adhering to Service Level Agreements set by the company.

 Portfolio Management

•  Liaising with Brokers, Insurers and Suppliers; 
• Processing quotes, new policies, renewals and endorsements;
• Accurate record keeping, continuous management of files, correspondence and diary.

 Insurance Knowledge

• Studying various insurance products and proposals, and gathering and assessing background information;
• Keeping abreast of developments within the industry;
• Calculating possible risk using risk assessments, actuarial information, other statistics and own judgement;
• Determining correct competitive premiums and fees, and negotiating terms with Insurers and Brokers;
• Specifying conditions to be imposed on different types of policies;
• Keeping detailed records of policies underwritten, and decisions made.

 Financial

• Manage credit control of client portfolios and institute growth of administration fees.

 Qualification/s & Experience:

• Grade 12
• Minimum of 5 years relevant experience in Short Term Commercial Insurance
• A Higher Certificate in Insurance would be adv
• Must have RE 5
• Registration with the FSB
• Able to work without Supervision
• Must have all Insurance Documentation and Certification up to date

 Skills:

• Attention to detail and a systematic, thorough approach;
• Excellent communication skills, both verbal and written;
• Excellent conflict handling skills;
• Highly competent with MS Office suite, paperless environment & Workflow experience.

 Behavioral Attributes:

• A strong focus on customer service delivery, professionalism and integrity;
• The ability to work under pressure, whilst maintaining good humour and effectiveness throughout; - Team player. 

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