Commercial underwriter
Industry: Insurance / Job Expires: 2024-07-20 00:00:00 / Location: Gauteng
Purpose
The commercial underwriter will be required to evaluate the risk associated with applicants for particular products, in the insurance industry.
Minimum requirements
- NQF Level 4: Short-Term Commercial Lines 60 Credits
- RE 5
- 5 years commercial underwriting experience
- Experience in working with Commercial related products
- Proven track record of underwriting experience e.g. assessing exposure and underwriting within agreed mandates.
Duties
- 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 the company’s commercial products.
Skills
- 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
N.B: By responding to this advert, you consent to Heitha Staffing Group processing your personal information for recruitment purposes and confirm that any personal information has been submitted voluntarily. Applicants will be requested to fill in and sign a POPI Act Consent Form.
Only shortlisted candidates will be contacted. If you have not heard from us in 4 weeks, consider your application unsuccessful.
To apply please send your CV to lethabo@heitha.co.za