Technical Underwriter Commercial Lines Insurance - Centurion Verfied

Salary Negotiable Centurion, Gauteng Centurion, Gauteng 11 days ago 04-08-2022 9:47:14 AM
Technical Underwriter (Commercial Insurance) with experience in conducting monthly audits on underwriting activities and exposure to setting up underwriting rating, guidelines and policy wording as well as portfolio management from a profitability perspective, required for this registered FSP, based in Centurion.

Minimum requirements:
• Grade 12 essential
• NQF4 Short Term Insurance qualification required
• RE5 essential
• Minimum 5 years’ commercial underwriting experience essential
• Exposure to auditing of underwriting procedures, underwriting rating, policy wording and portfolio management required
• Tial Connect system experience and knowledge advantageous
• Portfolio management experience advantageous
• Binder audit experience beneficial
• Experience in product development cycle will be an advantage

Responsibilities:
• Conduct audits to ensure continued adherence to SLA’s with Insurers and company processes from an underwriting and claims perspective
• Manage the profitability of underwriting facilities granted by Product Suppliers
• Provide technical underwriting support to short term insurance advisers and internal staff
• Conduct monthly audits on underwriting activities – new business, endorsements, amendments, reinstatements, renewals, pro-active analysis to determine trends and potential risks/losses to increase profitability
• Conduct multi-claimant report analysis, propose and implement actions
• Conduct portfolio analysis and improve underwriting margins
• Risk exposure analysis to mitigate Insurer’s risks
• On-site audits at branches when required
• Telephone quality assurance audits
• Assist advisers with technical product and underwriting queries
• Assist management with product development from underwriting perspective
• Provide support to Commercial Lines Business Analyst
• Provide support to National Trainer to ensure hight quality training material
• Assist in drafting internal communication
• Ensure complaints are analysed to identify product gaps
• Assist with binder audits from Insurers
• Provide support to manager in formulating business cases and proposals to improve commercial underwriting mandated and product offering
• Compile product comparisons to support quality advise