Underwriter: Professional Indemnity

Details of the offer

What will you do? We have an exciting opportunity for a Underwriter: Professional Indemnity at SHA Risk Specialists. What will make you successful in this role? Key responsibilities include: Underwriting: Underwrite and manage a portfolio of existing and new business, including all tasks associated therewith but not limited to Underwriting Governance which includes detailed risk evaluation and assessment, coverage and exposure analysis, pricing determination, detailed claims analysis (understanding loss ratios and claim trends) and wording review. Refer and acquire sign-off in accordance with authority matrix. Adhere at all times to the authority matrix, departmental protocols and procedures, including Underwriting Governance provisions. Provide detailed explanations regarding changes with respect to terms/underwriting stance. Marketing: Visit brokers to discuss renewals and new business with a focus on building relationships and developing market presence. Provide feedback on market intelligence. Client Liaison (Internal and External): Respond to queries and resolve them to the satisfaction of the affected parties within the scope of authority and/or responsibility. Prepare for and attend meetings. Financial: Meet budget responsibility for a book of business. Monitor renewals, lapsed policies, and new business with monthly report back. Ensure we maintain a 2.5% Cancellation Reserve. Strategic Input: Provide strategic input for the relevant business area if and when required. General Administration: Follow up on quotations and renewals. Sign and check policy documentation. Handle accounts queries. Assist with credit control if and when required. Attend to daily administrative routine tasks in accordance with organisational standards, processes, and procedures. Qualifications and Experience: 5+ years of short-term insurance experience. Experience dealing with casualty lines of insurance or commercial underwriting. Technical underwriting experience. Matric. Appropriate tertiary insurance or risk management qualification is preferred. FAIS compliance is preferred. Skills: Administrative Skills. Analysis and Judgement. Attention to Detail. Client Orientation. Communication Skills including negotiation. Initiative. Managing work and delegation. Teamwork. Time Management and working with high volumes. Systematic and Logical/Critical Thinking. Financial Acumen. Track record for handling high-pressure work environments. Computer Literacy. Strong Communication Skills (Internal & external).
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Nominal Salary: To be agreed

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