Underwriter (Bloemfontein)
Hollard Insurance
Date: 10 hours ago
City: Bloemfontein, Orange Free State
Contract type: Full time
Hello… an exciting new opportunity has just become available in our Insure, Broker Distribution, Inland Region. We are looking to recruit an Underwriter.
Role Objectives
Ensure adherence of referrals received in line with Underwriting Guidelines and Mandates and Regional Mandates
Procedures
Role Objectives
- To underwrite in line with Hollard Underwriting Mandates & Guidelines
- Ensure that Company is not over-exposed by any risk.
- Placing of Reinsurance.
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