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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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