Underwriting Consultant

Job description

  Role and Responsibility of an Underwriting Consultant Purpose                              

Reporting to Assistant Manager

Core Tasks:

• Meticulously assess the risk factors of potential clients and establish coverage terms.

• Implement guidelines that ensure a balanced ratio of favourable risks, minimizing claim costs, and enabling the company to provide insurance at a competitive price.

• Comprehensive understanding of risk analysis, the ability to analyse data, and make informed decisions.

• Examine insurance proposals, ensure compliance and adherence.

• Ability to negotiate terms with clients and insurers.

• Draw up a quote for competitive insurance premiums.

• Achieve performance targets.

• Follow applicable insurance laws.

• Ability to provide feedback to manager in the form of reports.

Skills(all essential):

• Analytical skills

• The ability to work with customers from a range of backgrounds.

• Confident decision making skills.

• Attention to detail

• Excellent oral and written communication skills and ability to professionally represent your Department

• Negotiating & closing skills

• Ability to work under pressure and be flexible as part of a team

• Ability to develop and maintain good working relationships at all levels, including during difficult or challenging circumstances.

• Ability to prioritise and manage own workload amid conflicting demands and busy work periods.

Knowledge:

• Matric

• Intermediate level knowlwdge of MS suite

• Must be proficient with the keyboard and IT applications

• RE5

Posted on 27 Aug 14:47, Closing date 25 Sep