Job Description

Helloxe2x80xa6 an exciting new opportunity has just become available in our Insure, Broker Distribution xe2x80x93 Gauteng Region. We are looking to recruit a Technical Underwriter.Role Objectives:Maintain the standards of the underwriting department thus enhancing the image of Hollard. Ensure all administrative functions within the underwriting team are adhered to by verifying rating principles, legal requirements, reinsurance requirements and mandates.Process all complex and referral business.Strong focus on reinsurance placement and renewal business.Process all technical underwriting tasks assigned, within the set standards required by the company thus contributing to the productivity of the underwriting department as set out within parameters delegated to you from time to time. Ensure strong working relationship between all stakeholders.Key Responsibilities:

• Underwriting: Analyse qualitative and quantitative data prepared by the underwriting team to provide quality assurance, ensuring capacity by utilizing the underwriting guidelines including rating tools, placing RI, loss ratio analysis, and applying of risk survey management principals and the review Decline undesirable risks.
• Renewals: Support Renewal Team & Broker Consultants to meet goals for volume and value of quality new business quoted and written within company guidelines, by managing large renewals as mandated by branch
• Processing: Ad-hoc audit and monitoring of underwriting processing in accordance with company
• Complete transactions within delegated authority limits and within set standards/guidelines and service level
• Quality assessment: Assessment of all high-risk policy Assessment of all brokers issued policies and the management of said brokers in terms of non-compliance. Assist with head office referrals. Ensure that undesirable risks are declined.
• Underwriting audits: Assist with the co-ordination of all underwriting audits, both internal and external through scheduling, follow up of audit requirements and document management/record keeping.
• Quality control: Quality standards to be adhered to at all Tracking of rework through keeping an up-to- date register of all reworks, in order to determine training needs within the underwriting team.
• Customer service: To ensure that customer service standards are maintained in accordance with service level agreements and to assist with technical advice and other assistance over and above the normal underwriting

Hollard