Underwriter2 - Cape Town, South Africa - Old Mutual

    Old Mutual background
    Full time
    Description

    Description

    Responsible for risk evaluation, pricing and selection / rejection of renewal business for all assigned accounts within the portfolio. Identify business inefficiencies and make recommendations to improve the customer's experience.
  • Responsible for risk evaluation, pricing and selection / rejection of new and renewal business for all assigned accounts within the portfolio.
  • Analyse commercial lines accounts to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and controls.
  • Use underwriting guidelines and organisational best practices to ensure compliance with guidelines / regulations.
  • Price business according to organisational underwriting and pricing guidelines. Use creativity and underwriting knowledge to write appropriate risks and retain profitable business within delegated authority levels.
  • Partner with Sales to support marketing activities to develop ongoing relationships with brokers to discuss market appetite, quality and profitability of submissions, service standards, and underwriting and/or product changes.
  • Partner with Sales to communicate with customers on underwriting issues including, but not limited to, decisions on cancellations, declinations, exposure concerns, and survey results.
  • Partner with Sales to identify patterns to resolve or improve issues.
  • Participate in customer planning and review processes to identify sales and marketing opportunities.
  • Promote the organisation's product through customer networks and stay abreast of changes within the industry and at competitors.
  • Requirements:

  • Matric and or equivalent
  • RE and Insurance qualification
  • 1 - 2 years' experience in the insurance industry
  • Skills

    Education

    Closing Date

    26 April 2024