Underwriter: Personal Lines needed at PSG Konsult Ltd

Job description:

• The Underwriter will be responsible for generating personal lines quotations on new clients and existing clients, file preparation and activation with product provider on completion of the advisers advice process.
• Attending to the day-to-day underwriting requests from clients, advisers and providers, requesting renewal terms from Providers and preparing of the renewal and renewal file for the adviser on personal lines policies that link to commercial policies.
• Preparing and sending renewals out to clients on sand alone personal lines.

Responsibilities:

• Generate quotations on advice provided from advisers
• Provide relevant quotations as per adviser request
• Ensure that contact details are correct (contact person, email address and contact details)
• Load contact on myPractice as a prospect
• Record quotation on quotation register
• Prepare comprehensive quotation file (comparison quotes, application forms, debit order form, FAIS documents (record of advice, needs analysis, SLA, etc.)
• Activate accepted quotation with chosen product provider
• Prepare and send welcome pack (Welcome letter, policy schedule, policy wordings (Vaps, Sasria and product provider wordings), accepted quotation, FAIS documents (iComply Pack) to client and cc.the adviser
• Upload all documents (including quotations not taken up) onto myPractice under notes
• Record new business on new business register
• Provide accepted and completed pack to compliance monitoring division (Amanda)
• Attend to the day-to-day underwriting requests from clients, advisers and providers. Prepare and send email with the updated policy schedule to the client and cc the adviser on policies that link to commercial lines.
• Upload all documents onto myPractice.
• Request renewal terms from providers, discuss with advisers the policies that link to commercial lines and prepare the renewal and renewal pack for the adviser.Negotiate better terms with provider where needed.
• Personal lines policies that link to commercial – Attend to all the adjustments after receiving the renewal file back from the adviser.Prepare and send renewal email to client (Renewal letter, updated renewal schedule, policy wordings (VAPS, SASRIA and product provider wordings), renewal schedule with changes as discussed with the client, signed FAIS documents (iComply Pack) to client and cc.the adviser.
• Stand alone personal lines policies – Request renewal terms from providers and negotiate better terms where needed.Prepare renewal and send to the client (Renewal letter, renewal schedule, policy wordings (Vaps, Sasria and product provider wordings).Attend to adjustments on renewal as requested from the client.Email adjusted schedule to the client.
• Upload all documents onto myPractice.
• Ensure that all processes are in place, if not, request adviser / team leaders assistance

Minimum Requirements:

• Grade 12
• Computer literate (MS Outlook, Excel, and Word)
• Successfully completed the RE 5 Examination (Representatives)
• NQF Level 4 Short Term Insurance qualification
• DOFA confirmation from FSCA
• A minimum of 3 years working experience within the short-term Insurance industry

Competencies:

• Good verbal and written communication skills (English and one other language)
• Good administration, organisation, and planning skills
• Handle admin pressure
• Negotiation skills