Account Exec To Broker / Personal Lines Underwriter

Job Placements; Johannesburg; On-site; ZAR 600 000 - 750 000; Full time

Job summary

An insurance recruitment firm is looking for a professional with three to five years of experience in Short Term Insurance. In this role, you will manage the acquisition of new business, ensuring all relevant FAIS documents are prepared and processed. Additional responsibilities include facilitating renewals and confirming cover with clients. The ideal candidate will possess excellent communication skills and a keen attention to detail.

Qualifications

• Minimum three to five years relevant work experience in Short Term Insurance.
• Proven ability to capture and collate client details effectively.

Responsibilities

• Manage new business processes including quoting and underwriting.
• Ensure all FAIS documents are completed by both clients and sales.
• Process policy documents and raise debits where applicable.

Skills

Ability to function independently and under pressure

Excellent Communication skills

Attention to detail

Customer Driven

Goal oriented

Job description

Qualifications and Compliance Requirements

Minimum three to five years relevant work experience in Short Term Insurance

Personal Attributes

• Ability to function independently and under pressure;
• Assertiveness;
• Continuous Learning;
• Commitment;
• Customer Driven;
• Excellent Communication skills;
• Flexible and Adaptable to change;
• Goal oriented;
• High attention to detail;
• Honesty, Integrity and Ethical Behaviour;
• Results oriented;
• Self-Starter / Proactive / Ability to use own initiative;

Team player.

Securing New Business

• Capture and collate client and risk details received from Sales;
• Binder Insurers : Quote and underwrite in line with Insurer Underwriting Guide and mandates;
• Other Insures : Approach market for quotes;
• Provide Sales with quotes from Insurers;
• Ensure all FAIS documents are completed by Client and Sales;
• On confirmations from client / sales arrange cover with Insurer;
• Process policy documents raise debits where applicable;
• New business pack to be emailed to AE / Client. Where applicable : New Business packs to be printed and bound for delivery to client by AE;

Renewals

Renewal listing, claims experience and ratio will be provided 6 weeks prior to renewal (renewals are created automatically in accordance with renewal rule set)

• Check to see if all relevant FAIS documents are on file;
• Review the latest record of advice on the policy;
• Review correctness of cover and insured details on policy ;
• Send the renewal comparison and schedule to the insurer for review and sign off (Personal Only);
• Obtain / Negotiate terms with insurers (Domestic Insurer collect);
• Assist AE with market exercise where necessary complete comparison;
• Confirm renewal discussion with client to AE or vice-versa Underwriter to be reduced to in writing;
• Lay off cover with Insurer (Personal);
• Update summary with renewal information;
• Process policy documents raise debits where applicable ensuring debit is raised in correct financial period;
• Send renewal to client (copying in AE) or Complete pack to AE for delivery both Domestic and Personal;

Domestic

• Domestic Renewals to be prepped by the renewal team from prepping to sending to client ensuring all relevant documents are attached. Where applicable, to discuss with relevant Underwriter / AE;

Confirmations

• Cover confirmation to be processed immediately copy to AE, client and Insurer (Insurer : Personal only);
• Diarise if there is outstanding information;
• Process amendment directly if all information available;

Amendments

Acknowledge receip