Underwriting Specialist
CurrentAttend to and action all incoming queries, amendments and quote requestsEnsure that all processes are followed as per the Standing Operating Procedure (SOP)Ensure that a diary is followed in terms of follow ups on outstanding information, documentation or feedbackStrive to grow the underwriting portfolio (New Business and Expanded Business)Develop and maintain positive broker and insurer relationshipsAssist claims staff as requiredProcessing of unpaid premiumsAction all renewals as per the agreed processes with each insurerNegotiate ratingsChecking accuracy and applying attention to detail of information / documents received from brokers and insurersChecking information in relation to prescribed guidelines and acceptance criteriaPrepare and finalize of closing documentsIssuing of new business on CIMs & MMXEffectively communicate details of insurance and conditions, risk coverage, premiums and benefits to brokersAnalyse risks of loss related to catastrophe, possible loss or severityChecking survey reports and sending risk requirement lettersNegotiations with insurance consultants (insurers)Processing of corrective action implemented by insurers or on our (PFS Group) Binder Facility on multi-claimantsAssisting Brokers on obtaining quotations in the market via ATU, Camargue, CIA, Cross Country, HIC, Hollard Personal and Commercial, Hollard Trucking, Old Mutual Insure, ONE Sure and SantamOffer Value Added Products to Brokers at new business stage via Chartered Auto Underwriters (Car Hire), One Loyalty (Home & Road assist), Phishield and Xs SureAdhere to regulatory proceduresRecord keeping of all communication in One Drive or any other appropriate systemEnsure that there is a comprehensive understanding of all duties and obligation relating to the position and ensure that these are met in accordance with the relevant legislationEnsure that you adhere to all compliance related requirements in terms of the FAIS Act and stay compliant at all times