Underwriter (Commercial & Marine)

Our client, a well-established insurance administration business, is looking to appoint two Underwriting Administrators to support their Marine and Commercial Lines portfolios in the Western Cape. The role sits within a client-serving, FAIS-compliant intermediary services environment and centres on providing clients, brokers and insurers with accurate information and an efficient, professional service. The successful candidates will report to the Team Leader and take ownership of a portfolio across the full underwriting cycle.

Key Responsibilities

• Liaise with existing and prospective clients, providing accurate and appropriate information on policy covers, terms and conditions
• Build and maintain positive relationships with clients, brokers, insurers and suppliers
• Process quotes, new business, renewals and endorsements accurately and within agreed turnaround times
• Adhere to the Service Level Agreements set by the company
• Maintain accurate records and manage files, correspondence and diary on an ongoing basis
• Study insurance products and proposals, gathering and assessing relevant background information
• Assess and calculate risk using risk assessments, actuarial information, available statistics and own judgement
• Determine correct and competitive premiums and fees, and negotiate terms with insurers and brokers
• Specify the conditions to be imposed on different types of policies
• Keep detailed records of all policies underwritten and decisions made
• Manage credit control across the client portfolio
• Support the growth of administration fee income on the allocated portfolio
• Keep abreast of developments, products and regulatory changes within the industry

Requirements

Benefits

• Discretionary performance bonus paid in December, subject to both company and individual targets being met (no guaranteed 13th cheque)
• Hybrid working model: two days per week from home, with the balance of the week on-site

Enquiries and Applications

Should you have any further enquiries regarding this opportunity, please email [email protected]. Please note that only shortlisted candidates will be contacted for an interview, during which the position, client requirements and recruitment process will be discussed in more detail.

Recruitment and POPIA Disclaimer

This vacancy is advertised by Morton Moore, acting as a recruitment agency on behalf of our client. By submitting your application, CV and supporting information, you acknowledge that your personal information will be collected and processed for legitimate recruitment and employment related purposes in accordance with the Protection of Personal Information Act, 4 of 2013 (POPIA). Your information may be assessed against the requirements of this vacancy and, where appropriate and subject to applicable legal requirements, shared with the relevant client and service providers involved in the recruitment process. Applications are subject to the requirements and selection criteria of the client, and submission of an application does not guarantee an interview, placement or offer of employment. Morton Moore reserves the right, together with its client, not to proceed with or fill the vacancy. No fees will be charged to candidates for recruitment or placement services. Any employment offer will be made by the client and will remain subject to the client’s applicable employment, verification and onboarding requirements.