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  • Posted: Dec 19, 2024
    Deadline: Not specified
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  • Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed ...
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    Underwriting Clerk

    What will you do?

    • A position has become available within Santam Marine for an Underwriting Clerk and will be based in the Moffet On Main Lifestyle Centre (201) Port Elizabeth.

    Key Accountabilities:

    • Dealing with issuance of new policies/ policy maintenance/ renewal / any other policy related concerns.
    • Assisting to resolve all administration queries within required timeframe and compliance requirements.
    • Undertaking client follow-ups with unpaid premiums.
    • Managing client expectation on expected turnaround times for submitted requests.
    • Adhering to underwriting criteria and business unit requirements.
    • Assisting in implementing solutions for improvement.
    • Standing in for team members should they be absent or on leave during busy periods or absence of key resources, assisting where required.
    • Achieve monthly key performance metrics and adherence to work force management.
    • Any additional duties as assigned from Management.

    Qualification and Experience

    • Matric/Grade 12
    • FAIS Compliance
    • RE5 
    • Proven work experience in Marine (advantageous) policy administration and underwriting within the short-term insurance industry. 
    • Minimum of 5 years’ experience in Marine short-term insurance a preference.

    Knowledge and Skills

    • Knowledge of Reinsurance 
    • Basic understanding of insurance industry including the reinsurance market and the terminologies used
    • Understanding of policy wordings, specifically related to your Line of Business
    • Able to evaluate information from a variety of sources and solve problems
    • Good decision-making skills; able to consider the costs and benefits of various options and recommend the appropriate one as part of the referral process
    • Good communication and interpersonal skills; comfortable with phone and face to face complex discussions with underwriters, brokers and any other relevant stakeholders  
    • Deadline focused; able to work under pressure to meet tight deadlines and able to organise own workload effectively to prioritise and delegate to meet service standards
    • Competent user of Excel, Word, Outlook and other Microsoft platforms
    • Operationally efficient; able to follow all process requirements

    Check how your CV aligns with this job

    Method of Application

    Interested and qualified? Go to Santam Insurance on careers.sanlamcloud.co.za to apply

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