Short Term Junior Underwriter at PPS

Qualification

• Matric
• Relevant BDegree or NQF 5 Diploma (preferred)

Experience

• 2 - 3 years’ experience in Personal and Commercial Lines Short Term Insurance
• 2 Years’ experience in underwriting of short term insurance business.
• Proficient in Microsoft Office, particularly excel   
• Knowledge of FAIS and Financial Service Regularity Enviornment             

Knowledge

• Financial Services Regulatory Environment
• Thorough understanding of FAIS 

Duties and Responsibilities

Underwriting Administration:

• To Review and approval of personal lines mandates
• Assistance with cover structuring and Explanation
• General underwriting support to sales and operations teams
• Re-insurance - ensuring that accumulations are within reinsurance limits
• Monitor system minimum and maximum limits
• Record Keeping of issues

Personal Underwriting:

• General Underwriting Support to Sales and operation teams
• Monitor system minimum and maximum limits

New Business and Policy Management:

• Survey reviews, Interpretation and implementation
• Keep Survey Register up to date

Existing Business Policy Management:

• Post claim endorsements (Endorsements after claims)
• Removal of Endorsements after proof of repairs