Commercial Underwriter

Manpower SA; Gauteng; On-site; ZAR 300,000 - 450,000; Full time

Job summary

A leading company in the insurance sector is seeking an Underwriter in Gauteng to accept liability and set premiums for insurance policies. The ideal candidate will demonstrate effective communication, analytical thinking, and a strong customer service orientation. Responsibilities include processing amendments and renewals, alongside ensuring compliance with underwriting guidelines. Suitable candidates will have relevant experience and qualifications in short-term insurance.

Qualifications

• Minimum of two to three years relevant work experience as a short-term insurance Underwriter.
• Sound knowledge and understanding of relevant short-term insurance policy wording.
• Ability to handle conflict and stressful situations effectively.

Responsibilities

• Accept liability and set appropriate premium pricing for insurance policies.
• Process daily amendments and renewals of existing policies.
• Decline unfavorable risks in accordance with underwriting guidelines.

Skills

Effective Communication skills

Analytical thinking

Problem-solving

Customer service orientation

Time management skills

Education

FETC in Short Term Insurance – NQF 4

Matric

Completed RE1

Tools

TIAL Operating System

Microsoft Office (Word, Excel, Outlook)

Job description

The underwriter is responsible for accepting liability and setting the appropriate premium pricing for the insurance
policy. The underwriter would furthermore decline unfavorable risks in accordance with the prescribed underwriting guidelines and policy wording.
Doing daily amendments to a client’s existing cover, as well as processing monthly/ annual renewals of policies forms part of
the day to day responsibilities of an underwriter
Responsibilities:

• Effective Communication skills (Email and Telephonic Etiquette)
• Ability to effectively handle conflict/ irate client
• Effective numerical skills and ability to think analytically with good attention to detail
• Solution based thinking
• High levels customer service orientation
• Logical thinking with good ability to work through “noise”
• Ability to perform without or with limited supervision
• Ability to use own initiative when dealing with ‘out of the ordinary’ scenarios
• Ability to be flexible and adaptable to change
• High levels of self-perception (confidence, self-empowerment, optimism, self-respect)
• Effective Time management skills
• Demonstrate high levels of accountability
• High levels of stress tolerance
• Ability to build value adding interpersonal relationships with colleagues, managers and brokers
• Ability to work well within a team

Requirements:

• Matric
• FETC (Further Education & Training Certificate) in Short Term Insurance – NQF 4 (150 credits)
• Completed RE1
• Computer literacy (Word, excel, outlook)
• Exposure to, or work experience on the TIAL Operating System (System A) – highly advantageous
• Sound knowledge and understanding of relevant short-term insurance policy wording (Multimark III and/ or Personal Lines)
• Minimum of two to three years relevant work experience as a short-term insurance Underwriter (Commercial Lines Products)

Please note only shortlisted candidates will be contacted.

Desired Skills:

• Commercial Underwrting
• Short Term Insurance
• RE 5
• NQF Level4