Insurance Underwriter - Commercial - Pretoria - RK250526-4287

SUMMARY:
Insurance Underwriter - Commercial - Pretoria - RK250526-4287

POSITION INFO:

Insurance Underwriter - Commercial - Pretoria

Job Description

One of our esteemed clients, being a leader in the insurance and underwriting sector, has an exciting opportunity for an experienced Commercial Underwriter.

Key accountabilities

• Underwriting of new commercial risks
• Ensuring that risks are written within the company’s risk appetite.
• Adhere to reinsurance treaties and internal mandates.
• Monitoring and taking corrective action on badly performing risks.
• Maintaining an acceptable loss ratio within a broker portfolio.
• Maintain policy wording drafts and ensure that the product remains competitive with market offering. 
• Dealing with day to day queries and amendments to existing policies.
• Providing brokers with advice on the current products offering.
• Maintaining and building good customer relationships with brokers.
• Conducting product training for brokers.
• Provide input into building and designing various aspects of the products on a designated system.
• Provide comparisons between the competitors’ products and our commercial products.

Skills/Competencies:

• Ability to work under pressure
• Negotiating skills
• Good communication skills
• Policy, product and systems knowledge
• Interpersonal skills
• Problem solving and analysis
• Detail orientated 
• Numeric skills
• Customer service orientated 
• Building relationships

Qualifications & Experience:

• 5 years commercial underwriting experience mostly with an insurer not broker
• Experience in working with commercial related products
• Proven track record of underwriting experience e.g. assessing exposure and underwriting within agreed mandates.
• Very good communication skills (both written & verbal)
• NQF Level 4: Short-Term Commercial Lines 60 Credits 
• Successfully completed the RE 5 Examination Level 1

Remuneration:

Cost to company will be flexible circa R45 000pm and based on numerous factors such as experience, current earnings etc. Candidates who meet the criteria are encouraged to send their updated CV’s in word or pdf format to