Hollard Vacancies Johannesburg – Underwriter.

Website Hollard Insurance

Job Description:

Hello… an exciting new opportunity has just become available in our Insure, Hollard Alternative Risk Transfer team. We are looking to recruit an Underwriter.

  • To underwrite and price motor fleet risks, within developed and agreed guidelines and reinsurance limits, terms and conditions;
  • Develop and maintain effective business relationships with intermediaries and clients in order to attract develop and retain profitable business.
  • Perform various analytical tasks to fully review and assess motor fleet risks to ensure their company provides the right amount of cover or assistance.

Job Responsibilities:

  • Understand and comply with any reinsurance requirements to minimize risk and to deliver business plan objectives
  • Establish, strengthen, and develop relationships with customers, brokers, business partners and colleagues to maximize influence and achieve business objectives
  • Demonstrate an understanding and awareness of market dynamics and market cycle to enhance business performance
  • Understand the internal underwriting processes and basic factors that affect the performance of an underwriting portfolio and how to monitor risk exposure
  • Maintain expertise and team knowledge through identifying appropriate learning and development activities
  • Participate in the review and analysis of the portfolio to identify progress toward business objectives
  • Collect, review and analyse a client’ relevant claims history and risk profile
  • Obtain additional information about the client to determine cover needs
  • Determine the level of cover
  • Offer recommendations on whether to accept or decline the risks
  • Determine premium, limits, aggregate excesses, and deductibles
  • Underwrite insurance risks in accordance with the business plan and the delegated underwriting authority/ mandate to meet business objectives
  • Negotiating rates terms and conditions for existing and new business
  • Issue policies and endorsement

Job Requirements:

  • At least 3 – 5 General Insurance experience
  • Underwriting Motor Fleet business, exposure to Aggregate Excesses structures and Burner premium calculations would be advantageous.
  • Motor Fleet specific underwriting and reinsurance knowledge
  • Detailed understanding of the methods of rating as applied to motor fleet and/or non-motor business including the principal of claims triangulations
  • Knowledge of POPIA requirements, specifically in respect of data security and management of customer information
  • Intermediate/ advance level to use standard MS office products being Outlook, Excel, Word, and PowerPoint
  • Qualitative and quantitative analysis skills
  • Communication skills, including speaking and writing
  • Customer service skills
  • In-depth understanding of motor fleets
  • Advanced knowledge of regulations and best practices of insurance industry
  • Educational Requirements
  • Fais & RE Compliant
  • Bachelor’s degree in business, statistics, mathematics, economics, finance or LIISA, AIISA or FIISA qualification would be an advantage.

Job Details:

Company: Hollard Insurance

Vacancy Type:  Full Time

Job Location: Johannesburg

Application Deadline: N/A

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