Commercial Underwriter | Claremont

SUMMARY:
Commercial Underwriter | Claremont

POSITION INFO:

A well-established short term Insurance brokerage based in Claremont, Cape Town, requires the services of an experienced Commercial Lines Underwriter.

Minimum requirements:

• FAIS accredited (Relevant qualification and RE5)

• Minimum 5 years’ experience 

• Proficient in the use of CIMS and Santam mainframe

• Be able to work with minimal supervision

• Attention to detail

• Excellent communication skills, both verbal and written

• Experienced in working in a paperless environment

Key Responsibilities:

• Liaison with potential and existing brokers and clients, maintaining positive relationships by providing accurate and appropriate information on policy covers, terms and conditions

• Adherence to Service Level Agreements

Portfolio Management

• Liaising with Insurers, Brokers and Suppliers

• Processing quotes, new policies, renewals and endorsements

• Accurate management of portfolio

• Experience in operating with Insurer Binder agreements

Insurance Knowledge

• Understanding of insurance products and proposals

• Keeping abreast of developments within the industry.

• Evaluation of the risk

• Ability to negotiate terms with Insurers and Brokers

• Keeping detailed records of policies underwritten via internal CRM program

Financial

• Manage credit control of allocated portfolio