Domestic and Commercial Underwriters – SAF-UW2023-PTA
- Full time
- @Work In South Africa posted 2 months ago
- Posted : 29 December 2023 -Accepting applications
Career Level Qualified / Experienced
Experience 3 Years
What we do Accounting / Banking & FinanceOther professional services
Qualifications Diploma level / NQF 5+
Saire Insurance is a licensed non-life insurer and authorized financial services provider, operating in the insurance sector. Our company is dedicated to providing reliable and comprehensive short-term insurance solutions to our clients.
With a focus on domestic and commercial insurance, we strive to ensure that our customers have the protection they need. Join our team in Pretoria and be part of a reputable company at the forefront of the insurance industry.
Saire Insurance is looking for skilled and analytical Domestic and Commercial Underwriters to join our dynamic team in Pretoria. As an underwriter, you will play a crucial role in assessing and evaluating insurance requests, determining risk levels, and making sound underwriting decisions.
This role offers an opportunity to contribute to the success of our company by ensuring that our clients receive accurate and appropriate insurance coverage.
Duties and Responsibilities:
- Assess and evaluate insurance applications for domestic and commercial policies.
- Determine risk levels associated with various insurance requests.
- Make informed underwriting decisions based on thorough analysis and evaluation.
- Review policy terms, conditions, and coverage limits.
- Collaborate with other underwriters and insurance professionals to ensure accurate risk assessment.
- Provide guidance and support to clients regarding policy coverage and premium calculations.
- Stay updated on industry regulations and trends related to insurance underwriting.
- Maintain accurate records of underwriting activities and decisions.
- Assist in the development and improvement of underwriting guidelines and procedures.
- Conduct periodic reviews of existing policies to assess their ongoing viability and make necessary adjustments.
Qualifications and Experience:
- Tertiary qualification in insurance and/or a bachelor’s degree in finance, business, or a related field.
- Minimum of 3 years of working experience as a domestic and/or commercial short-term underwriter.
- Adherence to all FAIS Fit and Proper requirements.
- Possession of RE5 qualification is advantageous.
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