Underwriter - Nelspruit at Hollard Insurance

 Role Objectives 

• To underwrite in line with Hollard Underwriting Mandates & Guidelines
• Ensure that Company is not over-exposed by any risk.
• Placing of Reinsurance

Key Responsibilities

• Ensure adherence of referrals received in line with Underwriting Guidelines and Mandates and Regional Mandates procedures:
• Act as the Gatekeeper for the Inland Region
• Ensure that referrals received from the Sales & Underwriting team is presented as per requirements set out in the Inland region guidebook, processes, and templates.
• Ensure that all referrals not meeting the above criteria is sent back to the respective team for corrections prior to reviewing.
• Review all referrals received in accordance with Underwriting Mandates and Guidelines, Regional Guidelines and requirements as set out by reinsurers
• Ensure that branch mandates and Individual mandates are being adhered to when reviewing referrals
• Ensure that all risks are sanitized before presenting referrals to our Comref division or RGM
• Providing technical underwriting expertise on underwriting referrals and queries received from the Sales and Underwriting teams
• Ensure that company is not overexposed by any risk based on referrals received and by managing exposure daily on the Regional Tracking Report and renewal reports
• Placing all reinsurance on Ekundu system and managing placements on the regional tracking reports
• Provide confirmation of reinsurance cover and ensure the correct documentation is processed within 30 days of inception/mta/renewal
• Reviewing Book Takeover and ensuring all referrals are addressed, and FAC placed where required within the deadlines provided
• Ensure that risk requirements/risk management practices are met on referrals received
• Review survey report to determine the correct occupation of risks
• Ensure that all Motor Fleet, Vehicle Burners, Accommodation/Decline risks are continuously monitored and referred
• Provide support in terms of technical guidance to Underwriting, Sales, and management team support
• Being innovative by finding new ways to improve the technical team functionality and input to elevate current processes
• Be investigative and keep abreast of new products and developments in the short terms insurance industry
• Foster and encourage team players within the team

Required Knowledge and Experience

• Underwriting knowledge and 5 years commercial underwriting
• Previous experience in placing Reinsurance
• Knowledge in terms of mandates and guidelines
• Understanding of reinsurance principles and knowledge

Educational Requirements

• Matric
• NQF 5 Insurance Qualification
• RE