Junior Underwriter

Purpose of the Job:

• To administer short-term insurance underwriting according to Insurer mandates. 

 

Qualifications and Experience – not negotiable:

• Matric/Grade 12 

• RE5 and relevant credits 

• A minimum of 3 to 5 years commercial and domestic underwriting experience. 

• Minimum qualification NQF4 in Short Term Insurance  

 

Qualification and Experience – advantageous:

• Class of Business in Personal and Commercial Lines. 

 

Knowledge, Skills and Behvioural Attributes/ Requirements:

• Knowledge of the basic cover offered under your policy wording (commercial and domestic) 

• Be able to negotiate rates and terms with insurers 

• Able to work independently 

• Be able to make underwriting decisions effectively in line with insurer mandate.  

• Be able to analyze and underwriter risks effectively. 

• Be a team player and be willing to assist colleagues on book take-on’s and back logs  

• Be able to work efficiently and accurately to deadlines.  

• Willing to put in the extra time if required to complete tasks.

 

Key performance arears required:

• Quoting (domestic and commercial) in line with Insurer Mandates and Company Policies on Tial and Quoting Templates  

• Issuing of new policies (domestic and commercial) and endorsements accurately. 

• Renewal of policies (all policies per broker allocation). 

• Implement corrective measures and underwriting of policies following claims. 

• Issuing confirmation of cover. 

• Electronic filling of all correspondence sent and received. 

• Adhering to Company service levels 

• Conduct policy checks. 

• Follow up on outstanding information. 

• Assist brokers with all queries. 

• Assist with policy queries on MAP. 

• Meet service levels and adhere to turnaround times.