Underwriter

 

Recruiter:

Kamo Placements

Job Ref:

JHB000772/m

Date posted:

Tuesday, November 16, 2021

Location:

Centurion, South Africa

Salary:

0 Annually


SUMMARY:

Maintenance of underwriting insurance policies in line with underwriting guidelines. Administration & underwriting. To provide quality assurance underwriting basis, that assist company operations


POSITION INFO:
JOB DESCRIPTION
Underwriting and Administration

  • Deal with Medical Reports in a confidential manner
  • Determine required premium level based on experience and manual rates plan design, services, and competitive information in accordance with organisational guidelines.
  • Demonstrate a high degree of knowledge regarding underwriting quantitative and qualitative tools and communicate the outcomes clearly to Sales and Claims functions.
  • Research all problems and risk related issues by using initiative in problem solving that involves management in decision making as necessary.
  • Responsible for monitoring profitability as measured by loss ratio improvement.
  • Complete assessment of claim trends and services.
  • Analyse all necessary historical account information.
Maintenance of policies in the operating system
  • Receive the information to be captured and analyse to determine the nature of the capturing required
  • Capture the information accurately on the system
  • Submit captured information for approval where necessary
  • Maintain system in accordance with policies, procedures and legal requirements
Quality Assurance
  • Determine the quality requirements applicable to the work environment
  • Ensure that all work conforms to the quality requirements in terms of delivery
  • Initiate corrective actions where required to maintain quality standards
  • Ensure that all policies and procedures are maintained to enable compliance measurement

JOB REQUIREMENTS

Preferred Minimum Education and Experience        
  • Commercial Business Diploma
  • 2-5 years Life and/or Short term insurance underwriting experience
  • 2-5 years Insurance operating system experience


 

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