Job Description

The Internet Explorer 11 browser is no longer supported. We recommend the new browser from Microsoft.Renewal UnderwriterDetailsClosing Date 2024/04/08
Reference Number HOL240402-3
Job Title Renewal Underwriter
Business Unit Hollard Insure
Department Central Region
Job Family Operations - incuding Claims, Policy Servicing, Underwriting and Retentions
Job Type Classification Permanent
Reporting To Team Leader
Number of Positions 1
Location - Town / City Bloemfontein
Location - Province Free State
Location - Country South Africa
Job Advert SummaryHelloxe2x80xa6 an exciting new opportunity has just become available in our Insure, Broker Distribution. We are looking
to recruit a Renewal UnderwriterRole ObjectivesThis Renewal Underwriter role will be responsible Administering the proposed branch renewal Process; handling,
negotiating and processing all renewal transactions assigned, within the set standards required by the company thus
contributing to the productivity of the branch and, providing support to our Broker Consultants following Renewal
Discussions with brokers also contributing to the growth and profitability of Hollard
Enhancing the image of the company through the continuous delivery of efficient and effective customer serviceKey ResponsibilitiesAccount Management: Negotiating and processing of all renewals. Preparation of terms over mandate
Broker Consultant to negotiate with brokers, as they are responsible for final sign off on Renewals over
Mandates; processing and following up on all declaration letters, follow up and confirmation of surveys and
following up on Renewal Schedules xe2x80x93 diary system to be used for this. Service, grow and maintain renewal
policies
Risk Management: Credit control procedures, loss ratios, broker/agent agreements, ensure compliance with
rating, underwriting principles and reinsurance
Underwriting/Risk Analysis: Analyse qualitative and quantitative data prepared by brokersto provide approval
for risk selection and acceptance, coverage and price. Recommend creative alternatives in regards to rating
plans, coverage and payment plans. Ensure reinsurance is in place where applicable
Relationship Management: Interact frequently/daily with brokers and/or agents
Customer service: Provide timely and professional customer service to stakeholders. Respond to queries
within 48 hours. All renewal terms to be supplied to the broker 6 to 8 weeks prior to renewal
Effective communication: Communicate as needed with stakeholders to obtain information needed to
complete screening and transactions, etc
Reporting: providing regular/daily feedback on the Renewal Management Report. Assist when required in
producing reports
Innovation: Participate with senior management in initiatives around product development, processes, policy
and strategy
Continuous Process Improvement and Compliance: Adhere to and maintain standards pertaining to the
Proposed Branch Renewal process and recommend improvements
Recordkeeping: Documents, registers, e-mails, Indlela etc. to be kept up to date at all times.
General: When required perform any other duties necessary for the operational effectiveness of the company
that is within your ability and scope
TCF: Ensure that customers are treated fairly
Employee Growth: Take responsibility for your own career growth and have regular discussions with relevant
role players
Required Knowledge and Experience4 yearsxe2x80x99 commercial short term insurance experience
Educational RequirementsMatric
NQF 4 Insurance qualification or equivalent
RE advantageousPolicyWe are committed to Employment Equity when recruiting internally and externally. It is company policy to promote from within wherever possible. Therefore, please be aware that internal candidates will be considered first before reviewing external applicants, provided that this supports achievement of our Employment Equity goals. We encourage applicants living with disabilities to apply.Hollard does not charge individuals seeking employment any fees, whether for registration, application, administration or placement.xc2xa9 Hollard. All rights reserved.ProcessingDelete Account?Remove Personal Information?Cancel Request to Remove Personal Information?Terms & ConditionsIncomplete ProfileYou need a complete profile before you can make applications. Would you like to complete your profile now?Incomplete ApplicationsYou have incomplete applications, view the application to completeApplyNothing yet!Profile Import OptionsLog In Only: Just log in and do not change my profile.Import and Keep: Import my profile and update matched sections. KEEP sections that do not match. Be sure to clean up any duplicates.Import and Delete: Import my profile and update matched sections. DELETE sections that do not match.

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