Job Description

The main purpose of the underwriting department is to evaluate the risk of insuring a particular person/ asset/
building/ business. 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 clients existing cover, as well as processing monthly/ annual renewals of policies
forms part of the day-to-day responsibilities of an underwriter.Requirements:

• Endorsements/ Amendments on existing policies
• Perform broker productivity on all brokers with outsourced/ binder agreements
• Attending to all Broker queries within prescribed SLAs and turn-around times
• Action Renewals (monthly/ annually)
• Requesting VAR Surveys on new business and/ or existing business upon renewal stage and consider all relevant Risk Requirements in order to make informed underwriting decisions
• Processing Corrective action based on claims history
• Process cancellations in accordance with internal operating procedures and time frames
• Endeavor to retain business wherever there is a risk of losing a client
• Providing quotes on existing policies upon a brokers request for the addition/ removal of an item/ asset
• Disciplined management of daily dairy system

Requirements:

• Matric
• FETC (Further Education & Training Certificate) in Short Term Insurance - NQF 4 (150 credits) - highly

advantageous * Computer literate - Microsoft Word, Excel, and 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 one year relevant work experience in short term insurance underwriting (Personal Lines products)
Please note only shortlisted candidates will be contacted

Manpower