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Vantage a division of Santam has a fixed term opening for an Underwriter to be based in Cape Town.
What will you do?
The successful candidate will be expected to attend and manage all aspects related to a portfolio of brokers.
Provide all stakeholders with effective and efficient personal lines underwriting services according to the required standards and procedures to retain existing clients and secure new business in the support of the business strategy.
What will make you successful in this role?
Duties and responsibilities:
- Underwrites policies according to the underwriting guidelines
- Conduct risk assessments and decide to accept or decline risk
- Rate policies in keeping with underwriting guidelines
- General enquiries such as but not limited to cover, products, processes etc.
- New business, renewals, endorsements and quotes
- Request, obtain and/or provide brokers with all required information and/or documents
- Analyse client's portfolio
- Apply effective renewal terms and corrective action on completed or unprofitable policies
- File all relevant documentation electronically
- Cancellations (Follow retention processes)
- Refunds and Raise invoices
- Adhere to company mandates
- Participate and contribute in ad hoc projects
- Report any suspected fraud, misrepresentation and/or dishonesty
- Keep accurate record of own activities
Qualification and Experience
- Matric
- FAIS Compliant
- NQF4 Qualification in short-term insurance
- RE5
- 1 year administrative experience
- 2 years personal lines underwriting
Knowledge and Skills
Personal Attributes
- Friendly disposition
- Team player
Our commitment to transformation
Santam is the market leader in the general insurance industry in Southern Africa. We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia.
Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper. We’re about people. People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.
At Santam we are committed to transformation and embracing diversity. This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society. In achieving our employment equity goals we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.
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