Underwriter - Construction and Engineering at Hollard Insurance

Role Objectives:

 Underwriting Risk Management, Portfolio Management, Quality Assurance, Policy Administration, servicing and retention of Construction & Engineering insurance clients whilst ensuring a balance between the company’s underwriting policy and risk attitude and Risk & Insurance needs of clients in compliance with Financial Services Regulations.

Key Responsibilities:

•  Evaluating Information on insurance proposals/quotations or policies to Determine Compliance with Company Policy and Risk Attitude
•  Processing risk and insurance Information and Performing Administrative Activities
•  Analyzing Risk/Claims Data or Information
•  Making Underwriting Decisions and Solving Risk Exposure Problems
•  Communicating and maintaining business relationships with Persons Outside Organization
•  Issuing New Policy Documents
•  Perform policy and Portfolio Management/ Administration Duties
•  Facilitate and Manage Renewal Process
•  Resolve queries and complaints, Work in teams and Generate reports
•  Updating and Using Relevant Knowledge
•  Organizing, Planning, and Prioritizing Work
•  Resolving Conflicts and Negotiating with Others
•  Perform Policy Quality Assurance
•  Employee Growth: Take responsibility for your own career growth and have regular discussions with the relevant role players.

Required Knowledge and Experience

•  At least 3 years Engineering experience
•  5 years Corporate/Commercial Underwriting
•  Underwriting Servicing and Sales experience
•  Underwriting knowledge (ability to interpret policy wording, understanding how claims information impacts on underwriting)
•  Broker Service and Relationship Management experience
•  Product knowledge of Construction and Engineering insurance
•  Sound knowledge of MS Office (including Word, Excel, PowerPoint, Outlook)
•  Business writing skills , Risk Analysis
•  Telephonic communication skills , Listening & Negotiation skills
•  Time management and Process Management

Educational Requirements

• Matric
• NQF 5 Insurance Qualification/Diploma/IISA
• Knowledge and experience on fundamentals of Engineering Business, product knowledge, policy wordings, market pricing and reinsurance.
• Diploma/ Degree or Certificate in Engineering; Legal/Law; Risk Management; Reinsurance; Advance Insurance with Engineering