Personal Lines Underwriter

Recruiter:

CFS Recruitment

Job Ref:

PTA000232/RC

Date posted:

Thursday, January 16, 2025

Location:

Bedfordview, South Africa

Salary:

15000 Monthly

SUMMARY:

Join our team as a Personal Lines Underwriter in Bedfordview. Entry-level position with up to 2 years of experience required. Permanent role in the Short-Term Insurance sector.

POSITION INFO:

Job Title:

Personal Lines Underwriter

Report to:

Underwriting Assistant Manager

Seniority Level:

Entry Level (up to 2 yrs exp)

Type:

Permanent

Location:

Bedfordview

Duties and Responsibilities:

Endorsements/ Amendments on existing policies
Perform broker productivity on all brokers with outsourced/ binder agreements
Attending to all Broker queries within prescribed SLA’s and turn-around times
Action Renewals (monthly/ annually)
Requesting VAR Surveys on new business and/ or existing business upon renewal stage and consider all relevant Risk Requirements in order to make informed underwriting decisions
Processing Corrective action based on claims history
Process cancellations in accordance with internal operating procedures and time frames
Endeavor to retain business wherever there is a risk of losing a client
Providing quotes on existing policies upon a broker’s request for the addition/ removal of an item/ asset
Disciplined management of daily dairy system

Qualifications:

Certificates/Certification: RE 5, FETC In Short Term Insurance NQF 4, Matric

Skills:

You are responsible for accepting liability and setting the appropriate premium pricing for the insurance policy. You would furthermore decline unfavorable risks in accordance with the prescribed underwriting guidelines and policy wording. The Company liaises directly with Brokers, and not the client/policy holder. Service delivery is our main distinguisher from our competitors, and individual performance is mainly measured on the quality and turn-around times of service offering. Computer literate – 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 relevant work experience in short term insurance underwriting (Personal Lines products)

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Personal Lines Underwriter

Job Title:

Report to:

Seniority Level:

Type:

Location:

Duties and Responsibilities:

Qualifications:

Skills:

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