Description:
Commercial Underwriter Extraordinaire - Ignite Your Underwriting Genius!
Are you ready to take your underwriting prowess to new heights? We're on the lookout for a Commercial Underwriter with a passion for turning risks into opportunities in the dynamic world of insurance.
About Our Client:
Our client is not your average insurance firm. They're a trailblazer in the industry, known for their innovative approach and commitment to excellence. Join our client as a Commercial Underwriter and be part of a team that thrives on challenge and diversity.
Key Responsibilities:
Risk Maestro: Evaluate commercial insurance applications with a discerning eye, determining acceptable levels of risk and crafting tailored coverage solutions.
Collaborative Orchestrator: Work closely with brokers, clients, and internal teams to gather information, analyze data, and ensure seamless underwriting processes.
Innovation Connoisseur: Stay ahead of industry trends and contribute to the development of new underwriting strategies and products.
Customer Whisperer: Provide expert advice to clients and brokers, building strong relationships based on trust and expertise. Needs to have knowledge and understanding of various Commercial products – in depth
knowledge. Needs to understand Commercial Lines product requirements. Needs to understand and have knowledge of how the Commercial Lines Industry works. The trends
eg. Auto Rating etc. Be able to translate product requirements into system functionality – Eg. What information is
required to be captured and how should it be validated. Minimums, Maximums, Accumulations,
Computations (for when item Sums Insured must be computed from another item within a
risk/section), etc.
Qualifications:
Matric is an essential requirement. Regulatory Exam: Representatives. FAIS Credits (as per FAIS requirement). Must be Fit & Proper in terms of the FAIS Act. Must not be debarred with FSB Experience in the financial services industry or short-term insuranceindustry (preferable) Proven experience as a Commercial Underwriter in the insurance industry. In-depth knowledge of commercial insurance policies, regulations, and market trends. Strong analytical and decision-making skills. Excellent communication and negotiation abilities.
Perks and Benefits:
Competitive salary and performance-based bonuses. Comprehensive health and wellness benefits. Opportunities for professional development and growth. A vibrant and collaborative work environment.