Personal Lines Underwriter - Germiston - CFS Recruitment

    CFS Recruitment
    CFS Recruitment Germiston

    3 days ago

    CFS Recruitment background
    Description

    Job Title:

    Personal Lines Underwriter

    Reports to:

    Underwriting Assistant Manager

    Seniority Level:

    Entry Level (up to 2 years of experience)

    Type:

    Permanent

    Location:

    Bedfordview

    Duties and Responsibilities:

    • Endorsements/Amendments on existing policies
    • Perform broker productivity on all brokers with outsourced/binder agreements
    • Attend to all Broker queries within prescribed SLAs and turn-around times
    • Action Renewals (monthly/yearly)
    • Request VAR Surveys on new business and/or existing business upon renewal stage, considering all relevant risk requirements for informed underwriting decisions
    • Process corrective action based on claims history
    • Process cancellations in accordance with internal operating procedures and time frames
    • Strive to retain business wherever there is a risk of losing a client
    • Provide quotes on existing policies upon a broker's request for the addition/removal of an item/asset
    • Disciplined management of daily diary system

    Qualifications:

    Certificates/Certification: RE5, FETC In Short Term Insurance NQF4, Matric

    Skills:

    You are responsible for accepting liability and setting the appropriate premium pricing for the insurance policy. You would also decline unfavorable risks in accordance with prescribed underwriting guidelines and policy wording. The company liaises directly with Brokers, and not the client/policy holder. Service delivery is our main differentiator from competitors, and individual performance is mainly measured on the quality and turn-around times of service offering. Computer literate in Microsoft Word, Excel, and Outlook. Sound knowledge and understanding of relevant short-term insurance policy wording (Multimark III and/or Personal Lines). Minimum one year of relevant work experience in short-term insurance underwriting (Personal Lines products).


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Personal lines underwriter