Junior Commercial Underwriter

Introduction

Our reputable brokerage is seeking a skilled and motivated individual to join our team. With a commitment to excellence and a focus on providing tailored insurance solutions to our clients, we offer an exciting opportunity to grow and thrive in the insurance industry. If you have a passion for underwriting, a keen eye for risk assessment, and a dedication to delivering exceptional service, we invite you to explore this opportunity further and become an integral part of our team. Join us in shaping the future of insurance as we continue to innovate and exceed expectations in meeting the diverse needs of our clients.

Key Responsibilities

• Assist underwriters in reviewing and processing insurance applications
• Prepare quotations, policy schedules, and endorsements
• Load client and policy information to the Company's operating system (Flexi / Cardinal)
• Obtain vehicle retail values
• Assist underwriters with client correspondence, including confirmations of cover and border travel letters
• File client records (physical and electronic)
• Manage documents and records
• Prepare annual renewals and policy reviews, including presentations and capturing terms on the Company's operating system (Flexi / Cardinal)
• Monitor and follow up on outstanding underwriting requirements, including risk requirements
• Maintain organised records of underwriting decisions and correspondence
• Liaise with brokers, clients, and insurers as needed
• Refer complex or high-risk cases to senior underwriters for approval
• Compile reports when required
• Provide status updates on applications and policy changes
• Prepare policy and quote comparisons and presentations
• Load new tasks and workflow entries
• Compile data for underwriting decisions or audits
• Contact potential leads and gather information
• Contact clients and manage arrears premiums when necessary
• Work closely with other departments to ensure alignment of insurance processes
• Engage in continuous learning and development
• Adhere to company standard operating procedures and service level agreements

Experience and Qualifications

• Minimum 2 years of commercial underwriting experience in a binder broker environment
• RE5 certificate, relevant NQF qualification, and CPD points required
• Previous experience with Cardinal C360 required
• Proficient in Word and Excel

Location

Fourways, Gauteng

Package & Remuneration

Current CTC less than R25 00.00 per month.

Contact information

Admin