Business Risk Evaluator

Bebeeriskevaluator; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A reputable insurance firm in Johannesburg is seeking a Commercial Underwriter responsible for assessing data related to commercial risks and managing a portfolio of existing clients. The ideal candidate will have a strong understanding of insurance terms, maintain relationships with brokers, and ensure high client satisfaction. Required education includes Matric, Commercial Lines Class of Business, and NQF 5 in Short-Term Insurance. This role offers the opportunity to work in a dynamic team environment.

Responsibilities

• Assess and interpret data related to commercial risks.
• Evaluate and determine terms for insurance applications.
• Manage an assigned book of business and monitor performance.
• Develop strong relationships with brokers and clients.

Education

Matric

Commercial Lines Class of Business

Regulatory Exam Level 1

NQF 5 in Short-Term Insurance

Job description

Commercial Underwriting Role

The commercial underwriter will be responsible for assessing and interpreting data related to commercial risks, making informed decisions about whether to accept or decline insurance applications, and determining appropriate terms, coverage limits, premiums, and conditions for policies.

Risk Analysis

• Evaluate and interpret data related to commercial risks, including property, liability, motor, engineering, and other short-term insurance lines.

Underwriting Decisions

• Make informed decisions about whether to accept or decline insurance applications, determine appropriate terms, coverage limits, premiums, and conditions for policies, negotiate terms and conditions with brokers and clients within delegated authority.

Portfolio Management

• Manage an assigned book of business, monitoring performance and profitability, regularly review the portfolio for adverse trends and take corrective action where necessary, renew existing policies and adjust terms based on updated risk evaluations.

Broker and Client Relationship Management

• Develop and maintain strong relationships with insurance brokers, agents, and direct clients, provide expert advice and guidance on insurance solutions, policy wording, and claims processes, deliver responsive, professional service to ensure high levels of broker and client satisfaction.

Formal Education

• Matric, Commercial Lines Class of Business, Regulatory Exam Level 1, NQF 5 in Short-Term Insurance.