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Business Risk Specialist
Job summary
A prominent insurance company in Durban is seeking a Commercial Underwriter to assess and manage commercial insurance policies. The ideal candidate will have a Bachelor's degree and a minimum of 2 years in underwriting or a related field. Key responsibilities include preparing quotations and liaising with clients, brokers, and insurers for effective policy administration. This role offers a competitive salary, benefits, and ongoing training in a supportive work environment.
Benefits
Qualifications
- Minimum 2 years of experience in underwriting or a related field.
- Strong analytical and problem-solving skills.
- Able to work independently and as part of a team.
Responsibilities
- Assess and evaluate commercial insurance risks within binder mandates.
- Prepare and issue quotations, renewals, and endorsements.
- Liaise with clients, brokers, and insurers to ensure accurate and timely policy administration.
- Maintain accurate and up-to-date records across systems and files.
- Ensure compliance with underwriting guidelines, internal policies, and regulatory requirements.
- Deliver professional, timely, and client-focused service at all times.
Skills
Education
Job Summary The Commercial Underwriter is a crucial role in our organization, responsible for assessing, evaluating, and administering commercial insurance policies.
This position requires strong analytical skills, attention to detail, and excellent communication abilities.
This role will involve working closely with clients, brokers, and insurers to ensure accurate and timely policy administration.
You will be responsible for preparing, reviewing, and issuing quotations, renewals, and endorsements.
In addition, you will assist with binder reporting and contribute to adherence to service-level agreements.
Key Responsibilities :
Assess and evaluate commercial insurance risks within binder mandates.
Prepare and issue quotations, renewals, and endorsements.
Liaise with clients, brokers, and insurers to ensure accurate and timely policy administration.
Maintain accurate and up-to-date records across systems and files.
Ensure compliance with underwriting guidelines, internal policies, and regulatory requirements.
Deliver professional, timely, and client-focused service at all times.
Requirements :
Bachelor's degree in a related field, such as business, finance, or risk management.
Minimum 2 years of experience in underwriting or a related field.
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Able to work independently and as part of a team.
What We Offer :
A competitive salary and benefits package.
Ongoing training and development opportunities.
A dynamic and supportive work environment.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.