Junior Underwriter (STI)

Morton Moore; Pretoria; On-site; ZAR 180,000 - 260,000; Full time

Benefits offered by this job

Structured mentorship

Long-term growth opportunities

Market-related salary

Job summary

Morton Moore, Pretoria East, invites two Junior Short-Term Insurance Underwriters to join our underwriting team. The role is ideal for industry-qualified individuals at the early stages of their career, offering mentorship and structured development within a close-knit, supportive environment.

You will assess and rate new business and renewals, prepare quotations, review risk information, liaise with insurers and clients, support the claims process, and ensure compliance with FAIS, TCF and POPIA.

Qualifications

• NQF Level 4 qualification in Short-Term Insurance with 150 FAIS credits.
• RE5 Regulatory Examination completed.
• Fit and Proper in terms of FAIS legislation.
• 1–2 years' exposure to short-term insurance underwriting or learnership/internship.
• Working knowledge of personal and/or commercial lines products.

Responsibilities

• Assess, rate and process new business, renewals, endorsements and cancellations.
• Prepare quotations, comparative quotes and policy schedules within turnaround times.
• Review risk information and surveys to determine acceptable terms.
• Apply underwriting guidelines and refer risks outside mandate.
• Liaise with insurers, brokers and clients on cover queries and requirements.
• Conduct renewal reviews including sum insured adequacy and premium adjustments.
• Maintain client and policy records in the brokerage system.
• Support the claims department by confirming cover/status at loss.
• Assist with underwriting reports and management information.
• Ensure FAIS, TCF, POPIA compliance; complete CPD annually.

Skills

Administrative skills

Attention to detail

English communication

Team collaboration

Education

NQF Level 4 Short-Term Insurance (150 FAIS credits)

RE5 Regulatory Examination

Tools

Cardinal system

Flexi system

TIAL system

MS Office

Job description

Our client, an established short-term insurance brokerage based in Pretoria East, is seeking two Junior Short-Term Insurance Underwriters to join their growing underwriting team. The role is suited to industry-qualified individuals in the early stages of their careers who are looking to build long-term expertise in personal and commercial lines. Full mentorship and structured development will be provided within a close-knit, supportive team.

Key Responsibilities

• Assess, rate and process new business, renewals, endorsements and cancellations across personal and commercial lines
• Prepare and issue quotations, comparative quotes and policy schedules within agreed turnaround times
• Review risk information, supporting documentation and survey reports to determine acceptable terms and conditions
• Apply underwriting guidelines and delegated authority, referring risks outside of mandate to senior underwriters or insurer partners
• Liaise with insurers, brokers and clients regarding cover queries, amendments and outstanding requirements
• Conduct annual renewal reviews, including sum insured adequacy, premium adjustments and re-broking where required
• Maintain accurate and up-to-date client, policy and risk records on the brokerage administration system
• Follow up on outstanding documentation, FICA requirements, debit order mandates and premium collections
• Support the claims department by confirming cover and policy status at the time of loss
• Assist with the preparation of underwriting reports and management information
• Ensure all activity complies with FAIS, TCF, POPIA and internal compliance requirements
• Maintain product knowledge and complete annual CPD requirements
• Provide general administrative support to the underwriting department as required

Requirements

• NQF Level 4 qualification in Short-Term Insurance (minimum 150 FAIS credits) or equivalent
• RE5 Regulatory Examination completed
• Fit and Proper in terms of FAIS legislation
• Practical exposure to short-term insurance underwriting, whether through a learnership, internship or 1–2 years' experience
• Working knowledge of personal and/or commercial lines products
• Strong administrative and organisational skills with a high level of accuracy and attention to detail
• Confident written and verbal communication in English; Afrikaans proficiency advantageous
• Computer literate in MS Office; experience on an insurance administration system (Cardinal, Flexi, TIAL or similar) advantageous
• A collaborative, service-oriented approach and a genuine willingness to learn

Benefits

Benefits and Compensation

Our client is offering a market-related salary depending on qualifications and experience. In addition, the successful candidates can expect:

• Support towards CPD and further industry qualifications
• Structured mentorship from senior underwriters
• Long-term growth opportunities within a stable, established brokerage