Posted time 6th August 2023 Location Johannesburg Job type Part-time

JOB DETAILS

Job Title                                Underwriter

Job Type                               Fixed Term Contract

Department                        Strategy and Underwriting

Location – Town / City     Sandton

 

Job summary statement/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.

 

Minimum Requirements

 

  • Minimum of an IISA qualification (or studying towards)
  • RE 5
  • Tertiary qualification advantageous
  • Minimum of 4 years of experience in a similar role in a short-term insurance company

 

Duties and Responsibilities

KEY PERFORMANCE AREAS (DUTIES & RESPONSIBILITIES):

 

  1. 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
  1. Re-insurance function
  • Assist in the preparation of treaty renewals
  • Assist with preparing treaty renewal data
  • Assist with the gathering of data as requested by the Actuarial department
  1. Training
  • Support Underwriting specialist in providing education through various platforms on products to clients/agents, ensuring basic understanding of company’s role in the market.
  • Updating of training materials
  • Updating and maintaining the underwriting library
  1. Perform ad hoc tasks
This job is Expired