Underwriting Consultant

Badger Holdings (Pty) Ltd; Gauteng; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A local insurance company is seeking an Underwriting Consultant in Springs, Gauteng. This entry-level position involves assessing client risks, establishing coverage, and negotiating terms. Ideal candidates will have strong analytical and communication skills, proficiency in MS Office, and the ability to work under pressure. The role offers competitive remuneration in a full-time capacity, aimed at ensuring compliance and driving performance in the growing insurance sector.

Responsibilities

• Assess risk factors of potential clients and establish coverage terms.
• Implement guidelines to minimize claim costs and ensure competitive pricing.
• Examine insurance proposals for compliance.
• Negotiate terms with clients and insurers.
• Create competitive insurance quotes.
• Achieve performance targets.
• Follow insurance laws.
• Provide feedback in report form.

Skills

Analytical skills

Confident decision making skills

Attention to detail

Excellent oral communication skills

Written communication skills

Negotiating skills

Ability to work under pressure

Proficiency with IT applications

Education

Matric

Tools

MS Office Suite

Job description

Role Overview

Be among the first 25 applicants. Remuneration : market-related Location : Springs Job level : Junior / Mid Type : Permanent Reference : #BH- Company : Badger Holdings Job Description Role and Responsibility of an Underwriting Consultant Purpose Reporting to Assistant Manager Core Tasks Meticulously assess the risk factors of potential clients and establish coverage terms. Implement guidelines that ensure a balanced ratio of favourable risks, minimizing claim costs, and enabling the company to provide insurance at a competitive price comprehensive understanding of risk analysis, the ability to analyse data, and make informed decisions. Examine insurance proposals, ensure compliance and adherence. Ability to negotiate terms with clients and insurers. Draw up a quote for competitive insurance premiums. Achieve performance targets. Follow applicable insurance laws. Ability to provide feedback to manager in the form of reports.

Key Responsibilities

• Meticulously assess the risk factors of potential clients and establish coverage terms.
• Implement guidelines that ensure a balanced ratio of favourable risks, minimizing claim costs, and enabling the company to provide insurance at a competitive price.
• Examine insurance proposals, ensure compliance and adherence.
• Negotiate terms with clients and insurers.
• Draw up a quote for competitive insurance premiums.
• Achieve performance targets.
• Follow applicable insurance laws.
• Provide feedback to manager in the form of reports.

Essential Skills & Qualifications

• Analytical skills
• Confident decision making skills
• Attention to detail
• Excellent oral and written communication skills and ability to professionally represent your Department
• Negotiating & closing skills
• Ability to work under pressure and be flexible as part of a team
• Ability to develop and maintain good working relationships at all levels, including during difficult or challenging circumstances.
• Ability to prioritise and manage own workload amid conflicting demands and busy work periods.
• Knowledge: MatricIntermediate level knowledge of MS suite.
• Must be proficient with the keyboard and IT applications.

Other Information

Posted on 27 Aug 14 : 47, Closing date 25 Sep Seniority level Entry level Employment type Full-time Job function Finance and Sales Industries Insurance