Commercial Underwriter | Durban
Are you a seasoned Commercial Underwriter ready to take the next step in your career? Our client, a well-established insurance firm in Durban, is seeking a detail-oriented and compliance-driven professional to join their team. If you have strong commercial underwriting experience and thrive in a fast-paced environment, this role could be your perfect fit.
Key Responsibilities:
- Activate new business on internal systems once insurer or binder manager approval is received.
- Ensure all required compliance documentation is on file. Missing documents must be diarised and referred to the Head of Technical Underwriting.
- Distribute new business documentation to clients within 31 days of policy inception. This includes the policy schedule, policy wording, disclosure notice, and signed compliance documents.
- Send renewal listings to brokers 3 months in advance of policy expiry.
- Prepare and request renewal terms from insurers at least 60 days before renewal.
- Ensure updated renewal documents are sent to clients 31 days before the renewal date, including all required documentation and policy updates.
- Confirm debit order arrangements with clients prior to policy renewal dates.
- Schedule broker renewal meetings 60 days in advance in their Flexi diaries.
- Confirm that Letters of Appointment and Debit Order Authorisations are current and on file.
- Complete policy amendments within 3 days of request or before system close-off, whichever is sooner.
- Acknowledge amendment instructions from clients on the same day they are received.
- RE5 Certificate
- NQF Level 4 qualification in Short-Term Insurance
- At least 5 years’ experience in commercial underwriting
- Strong analytical and problem-solving abilities
- In-depth knowledge of insurance regulations and underwriting procedures
- High attention to detail and accuracy
- Ability to work both independently and collaboratively
- Proficiency in interpreting underwriting guidelines and regulatory standards
Apply today to join a team that values excellence, compliance, and client service.
