
Liability Underwriter | Pretoria
Join this short term insurance company today as a Specialised Liability Underwriter
Experience & Qualifications:
A liability risk expert with technical and analytical skills to rate and underwrite risks are
essential.
essential.
- Completed Matric or National Senior Certificate
- A tertiary qualification in risk management, law, short term insurance or other relevant qualifications that will be advantageous in the specialized liability space.
- 5 years insurance in a previous experience in a Liability underwriting role
- 60 FAIS credits/Full Insurance Qualifications (depending on DOFA)
- Completed RE5/RE1
Responsibilities:
- Design and implement new liability products, this includes writing new policy wordings, training manuals, determine the required rating factors. Ultimately being the product specialist and go to person.
- Working closely with a dedicated Actuarial team to assist in rating of these new
products. - Assistance and guidance on all underwriting related queries received from the
following departments:- Sales
- Client Care Services
- Brokers and Independent Brokers
- Claims and Assessing
- Research and development in terms of the following:
- Product development
- System development
- Policy wording updates and amendments
- Premium rates
- Conditions of cover
- Schedule updates and amendments
- Product development
- Assistance to the Training Department in terms of the following:
- Training related queries
- Development and updates on training material
- Training related queries
- Underwrite complex commercial claims received and assisting the Claims and Assessing Departments with the following:
- Investigation guidelines
- Interpretation of cover and special conditions imposed
- Attending the weekly claims meeting where these claims will be discussed
- Evaluate existing clients based on their profiles:
- Flagged client profiles
- Multi-claimant client profiles
- Typical actions include cancellations, excess, premium and cover reviews
- Ad hoc IT testing
- Testing of product and system developments
- Take ownership and responsibility of all client interactions
- Meet performance targets and service levels
- Meet performance targets and service levels
Competencies:
- Self-starter
- Communication (verbal and written) in English
- Numerical & mathematical skills
- Team supervisory skills
- Confident and enthusiastic self-starter who can take initiative
- Must be able to work independently as well as part of a team - balances team and individual responsibility, provides and accepts feedback
- Analytical skills
- Problem-solving skills
- Relationship management skills (internal and external stakeholders)
- Presentation and facilitation skills
- Resilience - Ability to work well under pressure in dynamic environment
- Flexible and adaptable
- Influential, concise, rational and practical communicator
- Creative flair and innovative thinker
- Relationship management
- Discretion, judgment and high levels of trust