COMMERCIAL UNDERWRITER

Our Client with a national footprint is looking for a Commercial Underwriter.

Formal Education:

• Matric
• NQF 5 in Short-Term Insurance
• Regulatory Exam Level 1
• A minimum of five years of relevant commercial underwriting experience
• DOFA confirmation from FSB
• Cardinal 360 system experience will be an advantage

Duties:

• Effectively maintaining commercial underwriting standards and providing quality client service:
• Issuing new policies, renewals and endorsements on the CIMS3 System
• Prepare new business quotes.
• Underwrite in accordance with standards, policies and procedures
• Support sales team in acquiring and retaining profitable business
• Attend to administration and written communication
• Ensure that all documentation is processed accurately & correctly
• Ensure documentation is checked and authorised if appropriate prior to dispatch
• Ensure queries are resolved as per company standards
• Negotiate renewal terms and prepare the renewal documentation.
• Ensure renewal reviews are completed timeously
• Ensure retentions are calculated
• Request, monitor survey and survey requirements as per laid down procedures
• Correct unprofitable policies
• Ensure policies are not overexposed
• Check policies before sending to clients
• Telephone contact with clients when they phone in with queries or amendments / additional covers
• Saving all work electronically
• Service delivery to ensure customer satisfaction:
• Maintain service, quality and desired outputs within a specific functional process through ensuring compliance to tactical policies, procedures and standards.
• Resolve escalated customer queries and complaints and provide feedback to customers on matters resolved.
• Develop work routines in line with operational plans / schedules in order to manage achievement of service delivery goals
• Share knowledge on, and participate in the creation of new standards, control systems and procedures to maintain service delivery.
• Maintain effective people practices:
• Align own behaviour with the organization culture and values.
• Share and transfer product, process and systems knowledge to colleagues.
• Collaborate and work with the Underwriting team to ensure required service levels are delivered.
• Continuous improvement to ensure effective service:
• Ensure adherence to organizational policies, practices and procedures.
• Identify and recommend areas / ways to improve processes.