Technical Underwriter - Workersweb, Bloemfontein

  • Bloemfontein
  • Salary: R25 000.00 - R30 000.00 Per Month (Negotiable)
  • Job Type: Permanent
  • Sectors: Insurance
  • Posted by Workersweb on Thursday, May 21, 2020
  • Reference: Under
  • Apply before Monday, July 20, 2020 - 55 Days left

Vacancy Details

Employer: Workersweb

Financial institution in Bloemfontein urgently require qualified and experienced Technical


Position open race and gender

Provide technical underwriting and rating advice and acceptance of risk to internal stakeholders

across all classes of insurance business

Conduct competitor and market intelligence analysis on ad hoc basis

Provide support with referral risk, unique risk undefined or mandates

Interpret and process technical information

Remain abreast of local developments on all classes of business and advise management of

changes to be made

Analyse profitability of multi-claimant or renewal individual policies and process corrective actions

necessary on system

Analyse profitability with underwriting and business development manager, agree and implement


Provide input in respect of pricing models and new cover to the management

Request and recommend changes to technical policy, endorsements and policy wording,

underwriting manuals and underwriting rules

Do analysis on specific portfolios on ad hoc basis

Analyse trends, performance and recommend actions and process it on systems

Determine underwriting needs and arrange for these to be developed

Execute new strategic initiatives as identified by management

Provide support to queries in respect of existing policies – loss ratio, premium collection,

increased cover add-ons, interpretation of wording and cover renewals and survey reports

Refer unresolved and persistent underwriting issues to management

Responsible for renewal recommendations, the processing thereof and the compiling of all

communication to brokers and end-user clients

Managing the team of Underwriters (including quotations and renewals)

Managing and reporting on the unit’s performance

Communicating and interacting effectively with people at all levels

Ensuring compliance to contracted service levels and optimization of processes

Ensuring client satisfaction

Ensuring adherence to policies, legislative and underwriting requirements

Responsible for staff morale

Managing of external and internal relationships

Establishing and maintaining quality standards that drive client delight and cost efficiency

Delivering first time right service excellence

Monitoring process compliance

Continually reviewing and measuring team activities against targets, standards and service levels.

Leading and motivating staff

Managing, supporting and developing a team of people to ensure service delivery

Delivering results and meeting customer expectations

Required Skills

  • insurance industry : 4 to 5 years
  • underwriting analysis : 4 to 5 years
  • underwriting processing : 4 to 5 years

Candidate Requirements

  • Matric certificate
  • RE1 or RE5 recommended
  • Minimum COP or Insurance related qualification recommended
  • FAIS Compliance
  • 60 credits Commercial Lines and 30 credits Personal Lines recommended
  • At least 5 years experience in the insurance industry
  • Computer literacy Microsoft office & must be able to do system processing
  • Keen attention to details
  • People Skills
  • Bilingual (English & Afrikaans)
This position reports to: Manager Apply before Monday, July 20, 2020 - 55 Days left Companies may expire jobs at their own discretion. If you have not received a response within two weeks, your application was most likely unsuccessful.
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About Workersweb

At WorkersWeb our objective is to assist our clients to source high performance candidates in a skills shortage market. Human Capital is the most valuable asset any company committed to excellence and growth has. It is the key differentiator between success and failure. Our business is to help our clients by identifying, locating and evaluating the strongest talent in the market, both nationally and internationally.

Staffing in the 21st Century, has seen huge advances in Internet and referral-based recruitment, methods we both embrace and utilize. Not only does it enable us to find the most suitable candidates in the quickest possible time, it also increases the ability to select high quality candidates. This is achieved by state of the art technology which filters through the most suitable candidates in a consistent, fair and legally compliant manner by means of an online application form. In this way regional boundaries are flattened and we can expose our clients to global talent in a quick and efficient manner.

Our Vision
To afford our clients the opportunity to grow their business through the provision of world class talent, by means of referral-based recruitment and a database of select, high quality candidates.

Our Mission
Through our solutions-driven and winning mentality, we will remain:
Innovative in our approach to continually meet our clients' needs
Grow and defend our market share by attracting the best in Human Capital
Walk our talk as a company, by delivering on our promises, being accountable for our actions and passionate about delivery