Underwriter (Guarantees) at Guardrisk

Role Purpose

• Responsible for the management and underwriting of a portfolio of clients for the Commercial Guarantees division.

Requirements

• A Diploma/Degree in commerce/finance/insurance
• Certificate in short-term Insurance (or working towards it)
• RE 5 Certificate for Representatives (or working towards it)
• At least 3 years working experience in a guarantees division

Duties & Responsibilities

• Underwrite profitable guarantee business to satisfy the business unit’s objectives and targets
• Underwrite guarantee facilities within the underwriting policy, mandate and guidelines
• Manage risk assessment of clients (credit, technical, operational)
• Manage the underwriting portfolio i.e. analyse trends and scenario plans from which portfolio strategies can be developed and implemented
• Manage the client’s facility review process on an annual basis
• Administer new and existing guarantee applications (drafting, issuances, amendments, cancellations)
• Administer all financial transactions on portfolio (premium quotations, invoices and collateral)
• Prepare portfolio reports for management feedback
• Assist in the business development space, in consultation with Management
• Compile assessment and review reports for all facilities within the portfolio
• Compile risk assessment reports for project sites
• Undertake site visits on projects that are listed for project risk monitoring
• Represent Guardrisk at client meetings across South Africa for both new clients and existing clients’ facility review purposes
• Develop and maintain strong relationships with key brokers/intermediaries and clients and other relevant stakeholders
• Continually improve and maintain high service levels
• Administer broker and client queries timely

Competencies

• Analytical thinking
• Accuracy and high attention to detail
• Deadline driven
• Team player
• Good communication skills
• Relationship management
• Business acumen 
• Networking skills
• Client orientated