Time left to apply: End Date: November 16, 2024 (4 days left to apply)
Job requisition ID: R24463
Job Description
Dear Future Underwriter,
The role requires you to provide an effective and efficient service to clients by obtaining the correct medical and setting of underwriting requirements telephonically, that need to be referred to a Senior Underwriter for sign-off. Facilitation of such requirements related to new and existing business.
Are you someone who can do the following:
- Risk Assessment: Evaluate insurance applications to determine risk levels and eligibility for coverage.
- Policy Issuance: Approve or decline applications based on underwriting guidelines and risk assessment.
- Documentation: Ensure all underwriting decisions are documented accurately and comprehensively.
- Customer Interaction: Communicate with agents, brokers, and customers to gather necessary information and explain underwriting decisions.
- Compliance: Ensure all underwriting activities comply with company policies, industry standards, and regulatory requirements.
- Continuous Improvement: Stay updated with industry trends, regulatory changes, and best practices in underwriting.
- Collaboration: Work closely with other departments such as claims, sales, and customer service to ensure a seamless customer experience.
You will be an ideal candidate if you:
- Education: NQF5 in Short term Insurance, RE5 and FAIS Compliant
- Experience: Minimum of 3 years of experience in personal lines underwriting and 5 years’ experience in Short Term insurance.
- Skills:
- Strong analytical and decision-making skills.
- Excellent communication and interpersonal skills.
- Proficiency in underwriting software and Microsoft Office Suite.
- Attention to detail and ability to work under pressure.
- Knowledge of insurance regulations and industry standards.
You will have access to:
- Opportunities to network and collaborate
- A challenging working environment
- Opportunities to innovate
We can be a match if you are:
- Adaptable and curious.
- Have strong customer service experience.
- Thrive in a collaborative environment.
Are you interested to take the step? We look forward to engaging with you.
All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
Job Details
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
16/11/24
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About Us
Serving retail and commercial customers, FNB is so much more than a bank, offering life and short-term insurance, innovative savings and investment products, and a digital universe of solutions that help customers navigate challenges and opportunities of everyday life. It has a market-leading app and a globally recognised rewards system in eBucks. FNB has won multiple awards, including the Strongest Banking Brand in the World in the Brand Finance Banking 500 2023 report. FNB represents multiple opportunities for you to build an exciting and rewarding career, especially if you want to change people’s lives, in an authentic, profound and sustainable way.
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