Commercial Underwriter - Bedfordview, South Africa - PMG Recruitment Services

Thabo Mthembu

Posted by:

Thabo Mthembu

beBee Recruiter


Description

Minimum education level:

Matric

Minimum of 5 yrs Commercial Underwriting Experience


Responsibilities:


Underwriting:


  • Assist with tasks as received from Senior Management
  • Assist with technical investigation on Loss Ratio and indepth claims analysis, corrective actions to be implemented, cancellation discussions with team members and where needed, brokers as well.
  • Processing and preparation of quotations, endorsements, amendments, new policy activations, cancellations to be loaded on the TIAL system.
  • Assist with technical underwriting on queries on business occupations, operations.
  • Assist with the handling of broker queries, assisting underwriting.
  • Assist underwriting manager with ad hoc requests for underwriting and claims in the Commercial Department.

New Business

  • Promoting the company name, it's capacity and abilities, improving relationships, assisting marketers with complex commercial underwriting matters and claims.

Risk Surveys

  • Assisting in communicating and promoting risk survey requirements and making sure correct requirements and underwriting criteria is requested and adhered to both by clients as well as brokers and administrators.

Claims

  • Assisting the Claims department with Queries on an adhoc basis.
  • Ensuring that TCF principles are adhered to.

Sales and Marketing

  • Assisting Marketing staff with queries on an adhoc basis.

Risk Management

  • Utilizing the business description report to ensure good quality business on the books.
  • Have technical knowledge on Non-Motor and Motor.
  • High Level underwriting queries both internal and external
  • Turnaround time 24 hours.
  • Ensuring that policies and amendments are issued without error within 24 hours.
  • Checking all documentation to ensure correctness before processing.

Quotations & Rating

  • Processing of new policies according to Procedures.
  • Renewal and renewal invites to be done timeously.
  • Processing endorsements.
  • Handling queries from the Credit control Department.
  • Cancellation of policies.
  • Handling queries from brokers
  • Turnaround time 24 hours.
  • Diarize issues that need to be followed up on.
  • Ensure filing of closings and schedules according to procedure (electronically) by all Underwriting staff.
  • General Office Administration.
  • Develop relationships with clients and ensure high levels of service.
  • Assist with underwriting queries both internal and external
  • Turnaround time 24 hours.
  • Ensure all risks are written within our Treaty Limits.
  • No declined risks are accepted or renewed.
  • If required FAC is placed by negotiating with NNAC.
  • Perform all other functions as required or requested within reason by senior management.

Job Types:
Full-time, Permanent


Salary:
R20 000,00 - R30 000,00 per month


Education:


  • High School (matric) (required)

Experience:

Commercial Underwriting: 5 years (required)

More jobs from PMG Recruitment Services