SUMMARY:
Domestic Underwriter | Port Elizabeth
POSITION INFO:
Location: Port Elizabeth (Office-Based)
Position Type: Full-Time / Permanent
Are you a detail-oriented insurance professional looking to take the next step in your career? A leading financial services group is seeking a qualified Domestic Underwriter to join their dynamic team in Port Elizabeth.
If you thrive in a structured environment, possess sharp analytical skills, and pride yourself on exceptional service delivery, this is the role for you!
๐ Key Responsibilities
In this role, you will manage the full domestic underwriting cycle, ensuring strict compliance and efficiency:
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New Business: Activate approved new business on the system within 1 day, ensuring all compliance documents are secured and policy packs are sent to the insured within 31 days of inception.
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Renewals Management: Proactively manage renewals by sending listings to brokers 3 months in advance, requesting insurer terms 60 days prior, and issuing renewal schedules to clients 31 days before the renewal date.
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Policy Amendments & Cancellations: Process policy amendments within 3 days (acknowledging receipts on the same day) and handle cancellation requests swiftly within a strict 1-hour turnaround time.
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Compliance & Admin: Maintain up-to-date Letters of Appointment and Debit Order Authorities, while flagging any compliance gaps directly to the Line Manager.
๐ Minimum Requirements
To be considered for this role, you must meet the following criteria:
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Qualifications: Successful completion of RE5 and an NQF4 qualification in Short-Term Insurance.
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Experience: A minimum of 2 years of experience specifically in domestic underwriting.
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Skills: Strong analytical and problem-solving abilities, excellent attention to detail, and sound knowledge of insurance regulatory requirements and underwriting guidelines.
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Tech-Savvy: Strong computer skills with the ability to work seamlessly both independently and within a collaborative team
