Job Description
About the Role
As a Domestic Underwriter at our client’s insurance company, you will be responsible for managing new business, ensuring compliance, and maintaining relationships with brokers and policyholders. You will work closely with the Insurer/Binder Manager to activate new business on the system and ensure that all necessary documents are in place.
Key Responsibilities
- New business to be activated on system, within 1 day, following approval from the Insurer/Binder Manager.
- Ensure all Compliance Documents are on file, if not, query must be created in Diary and referred to Line Manager.
- New Business sent to insured within 31 days of inception. New Business must include policy schedule, disclosure notice, policy wording and compliance documents signed by policyholder.
- Send out renewal listing to broker/s 3 months in advance.
- Prepare/Request Terms from Insurers 60 days prior to renewal date.
- Renewal schedules are to be sent to policy holder 31 days prior to renewal date. Inclusive of disclosure notice, policy wording and adjustments made to the policy.
- Phone the insured prior to the forthcoming renewal’s debit order collection cut off. Broker Renewals: ensure renewal meeting diary entry in broker’s Flexi diary 60 days in advance.
- Ensure current Letter of Appointment and Debit Order Authority on file.
- Amendments completed within 3 days or before close-off, whichever is the lesser.
- Acknowledge receipt of instruction to amend from policyholder on the same day the request is received.
- All Cancellations related requests sent to broker, branch manager and emailed within 1 hour of receipt from policyholder/ alternative broker. Cancellation procedure to be adhered to.
Requirements
- RE5
- NQF4 in short-term insurance qualification
- Minimum 3 years’ experience in domestic underwriting
- Familiarity with underwriting guidelines and regulatory requirements.
- Insurance regulatory knowledge.
- Computer Skills
Qualifications
No formal education/certifications mentioned.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Insurance Jobs in Eastern Cape
The Other Insurance sector is a significant player in the financial services industry, particularly in the Eastern Cape region of South Africa. Typically, this field is characterized by a moderate growth rate, driven by the increasing need for risk management and financial protection solutions among individuals and businesses. As a result, job seekers in this area can expect to find a relatively stable and secure employment market.
In terms of compensation, salaries for Other Insurance professionals in Eastern Cape are generally within the range of R500 000 to R1 000 000 per annum, although this can vary widely depending on factors such as level of experience, company size, industry sector, and specific role requirements. It is essential to note that these figures are broad estimates and should be used as a rough guide only.
Common skills required for Other Insurance roles include strong analytical and problem-solving abilities, excellent communication and interpersonal skills, proficiency in insurance software and systems, and a solid understanding of financial regulations and industry standards. Additionally, professionals in this field often possess technical knowledge in areas such as risk management, policy underwriting, and claims processing. Other valuable skills may include business acumen, leadership abilities, and strategic thinking.
The Other Insurance sector is commonly found in industries such as the financial services sector, technology industry, and manufacturing sector, among others. These sectors require specialized expertise to navigate complex regulatory environments, manage risk, and develop effective insurance solutions for their customers. As a result, professionals with experience in these areas are often in high demand.
Career development opportunities for Other Insurance professionals are numerous, with potential paths including senior management roles, consulting positions, or specialized fields such as actuarial science or risk management. With continued education and training, individuals can enhance their skills, expand their expertise, and move into more senior or specialized roles within the industry.
This information provides general career guidance. Actual salaries and requirements vary by employer.
GO APPLY NOW
Safe & secure application process
Explore More Opportunities
Get Similar Job Alerts
Job Seeker Tip
Send a thank-you email within 24 hours after your interview.
How to Apply
Click “GO APPLY NOW” to visit the company’s application page.
Follow their instructions carefully.
JVR Jobs connects you with employers – we don’t process applications directly.
Latest Job Opportunities
Cape Town: Claremont, Cape Town: BOOKSHOP SALES ASSISTANT posted by Cora O’Neil Recruitment Agency
Claremont, Cape Town: BOOKSHOP SALES ASSISTANT (x2) Minimum Requirements: -Presentable, friendly and reliable -Fully bilingual with good English communication skills…
View JobPretoria: Pretoria East: RAF LITIGATION ATTORNEY posted by Cora O’Neil Recruitment Agency
Willows, Pretoria East: RAF LITIGATION ATTORNEY (THIRD PARTY CLAIMS) Minimum Requirements: -Presentable and professional -Fully bilingual in Afrikaans and English…
View JobMidrand: Senior Engineering Geologist – Geotechnical Engineering posted by Innovazi Consulting (Pty) Ltd
RequirementsBSc (Hons) Engineering Geology (minimum)Professional registration with SACNASP (essential)10+ years’ practical experience in engineering...
View JobSomerset West: Financial Assistant posted by Helderberg Personnel
Minimum Requirements:A relevant tertiary qualification in Finance, Accounting, or a related fieldStrong numerical and analytical skillsProficiency in...
View JobWestern Cape: Logistics Consultant (Transport Broker) posted by Helderberg Personnel
EXPERIENCE AND QUALIFICATION:Minimum 2 – 4 years’ experience in a similar role within the transport industryRelevant qualification (degree or...
View JobGauteng: Trainee Sales Representative posted by The Recruitment Pig
The CompanyThe organization provides managed document services and production printing solutions to the market. They supply office automation products to...
View Job
Browse Employers
Job Alerts