Underwriter - Cyber Insurance

Recruiter:

Recruitment Insured (PTY) Ltd

Job Ref:

CPITUC

Date posted:

Wednesday, August 25, 2021

Location:

Johannesburg, South Africa

Salary:

A market related salary is on offer based on skills and experience

SUMMARY:
A leading short term insurance company specializing in special risks is seeking a Cyber Underwriter to join their busy JHB team.

POSITION INFO:

Duties & Responsibilities

Underwrite all transactions assigned, within the set standards required by the company thus contributing to the productivity of the underwriting department as set out within parameters delegated to you from time to time including:

• Underwriting and risk analysis of Cyber risks

• Account Management

• Relationship Management

Desired Experience & Qualification

Cyber insurance underwriting experience with at least 3 years’ experience including: -

Product knowledge
Industry segmentation knowledge and applicable risk exposures
Enquiring mind – seek out additional information in order to best understand a risk before underwriting such risk
Underwriting procedure
Insurance terminology
Rating principles
Risk Management
Market knowledge (including competitors)
Claims procedure
Credit Control
Reinsurance market, reinsurance and treaties

Qualifications:

Business degree or equivalent IT and Cyber qualifications or studying towards
RE and FAIS compliant
Good knowledge of MS Office – Intermediate level (including Word, Excel, PowerPoint, Outlook)
Knowledge of the Core Business Systems
Ability to work overtime and attend functions

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

Underwriter - Cyber Insurance

Duties & Responsibilities

Desired Experience & Qualification

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