Temp Insurance Underwriter, Sandton, R28k - Khomeliwa Consulting

Khomeliwa Consulting

Verified Company

Sandton, South Africa

2 weeks ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

TEMP INSURANCE UNDERWRITER, SANDTON, R28k - R36k p/m,

(5 Months Contract)
Our client is a financial institution focusing on Short-Term Insurance and based in Sandton. They seek the services of the Underwriter on a
temporary basis for 5 months.

JOB PURPOSE
To perform underwriting administration tasks and assist in the implementation of underwriting rules and regulations.

Reviewing terms and conditions of products on an ongoing basis.

Handle queries and provide technical assistance to our brokers and Agents Support the underwriting department in conducting market research

JOB REQUIREMENTS

Qualifications

Minimum of an IISA qualification (or studying towards)

Tertiary qualification advantageous

Experience
Minimum of 4 years of experience in a similar role in a short-term insurance company

Underwriting Function:

Reviewing terms and conditions of products on an ongoing basis
Reviewing rates annually
Assist with documentation related to the underwriting plan
Collating research on new products
Updating of wordings and regulations
Updating Excess of Loss information/ details
Assist with the preparation of monthly underwriting reports for the Executive Manager
Handle queries and provide technical assistance to our brokers and Agents Support the underwriting department in conducting market research.
Review our regulations and policy wordings to ensure they remain relevant and up to date

Re-insurance function

Assist in the preparation of The company treaty renewals
Assist with preparing treaty renewal data
Assist with the gathering of data as requested by the Actuarial department

Training

Support Underwriting specialist in providing education through various platforms on The company products to clients/agents, ensuring basic understanding The Company's role in the market.
Updating of training materials
Updating and maintaining the underwriting library

Perform ad hoc tasks

Perform any reasonable tasks as and when required by the Line Manager

REMUNERATION
R28k - R36k p/m, depending on qualifications and experience

HOW TO APPLY

Job Types:
Full-time, Temporary

Contract length: 5 months

Salary:
R28, R36,000.00 per month