SHORT TERM INSURANCE COMMERCIAL UNDERWRITER – BEE POSITION

Employment: Permanent
Location: Centurion, Gauteng
Salary: Negotiable – Market related

Essential requirements:
DOFA Date – MUST work independently, applicants still working under supervision will not be considered.
Matric is an essential requirement
Regulatory Exam: Representatives
FAIS Credits (as per FAIS requirement)
Must be Fit & Proper in terms of the FAIS Act
Must not be debarred with FSB Experience in the financial services industry or short-term insurance
industry (preferable)
At least 3 years’ experience in COMMERCIAL Underwriting
Must have experience in various commercial products – Comm, Agri, ST, Engineering etc.
Be able to handle a portfolio of approximately 600 policies.
No ITC Credit records (bad debts, judgements etc.).
No Criminal Record

Objectives and Responsibilities:
• Underwrite in accordance with standards, policies and procedures
• Support BDC’s in acquiring and retaining profitable business
• Attend to administration and written communication
• Ensure that all documentation is processed accurately & correctly
• Ensure documentation, including SASRIA is issued, checked and authorized prior to dispatch
• Ensure queries are resolved as per company standards
• Ensure renewal reviews are completed timeously
• Ensure retentions are calculated
• Ensure endorsements / transaction are completed timeously
• Ensure timeous and accurate management of mail count
• Request, monitor survey and survey requirements as per laid down procedures
• Correct unprofitable policies
• Ensure policies are not overexposed
• 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.
• Align own behavior 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.
• Ensure adherence to organizational policies, practices and procedures.
• Identify and recommend areas / ways to improve processes.