Underwriter – Nelspruit needed at Hollard Insurance
Job title : Underwriter – Nelspruit
Job Location : Mpumalanga, Nelspruit
Deadline : April 27, 2024
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Role Objectives
- To underwrite in line with Hollard Underwriting Mandates & Guidelines
- Ensure that Company is not over-exposed by any risk.
- Placing of Reinsurance
Key Responsibilities
- Ensure adherence of referrals received in line with Underwriting Guidelines and Mandates and Regional Mandates procedures:
- Act as the Gatekeeper for the Inland Region
- Ensure that referrals received from the Sales & Underwriting team is presented as per requirements set out in the Inland region guidebook, processes, and templates.
- Ensure that all referrals not meeting the above criteria is sent back to the respective team for corrections prior to reviewing.
- Review all referrals received in accordance with Underwriting Mandates and Guidelines, Regional Guidelines and requirements as set out by reinsurers
- Ensure that branch mandates and Individual mandates are being adhered to when reviewing referrals
- Ensure that all risks are sanitized before presenting referrals to our Comref division or RGM
- Providing technical underwriting expertise on underwriting referrals and queries received from the Sales and Underwriting teams
- Ensure that company is not overexposed by any risk based on referrals received and by managing exposure daily on the Regional Tracking Report and renewal reports
- Placing all reinsurance on Ekundu system and managing placements on the regional tracking reports
- Provide confirmation of reinsurance cover and ensure the correct documentation is processed within 30 days of inception/mta/renewal
- Reviewing Book Takeover and ensuring all referrals are addressed, and FAC placed where required within the deadlines provided
- Ensure that risk requirements/risk management practices are met on referrals received
- Review survey report to determine the correct occupation of risks
- Ensure that all Motor Fleet, Vehicle Burners, Accommodation/Decline risks are continuously monitored and referred
- Provide support in terms of technical guidance to Underwriting, Sales, and management team support
- Being innovative by finding new ways to improve the technical team functionality and input to elevate current processes
- Be investigative and keep abreast of new products and developments in the short terms insurance industry
- Foster and encourage team players within the team
Required Knowledge and Experience
- Underwriting knowledge and 5 years commercial underwriting
- Previous experience in placing Reinsurance
- Knowledge in terms of mandates and guidelines
- Understanding of reinsurance principles and knowledge
Educational Requirements
- Matric
- NQF 5 Insurance Qualification
- RE
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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