Personal Lines Underwriter

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Job Description - Personal Lines Underwriter

Powering the Future of Work is Humanly Possible. For over 70 years, ManpowerGroup has been dedicated to enriching people's lives with meaningful employment and development opportunities, and providing companies with innovative workforce solutions that help them increase agility, improve productivity and boost the bottom line. ManpowerGroup South Africa was established in 1999, and today works with organisations in both the public and private sectors, ranging from small and medium-sized enterprises, to multi-national organisations. ManpowerGroup South Africa has a network of 3 local branches and is a subsidiary of ManpowerGroup, which has a worldwide network of nearly 4,000 offices in over 80 countries and territories.Job Summary The main purpose of the underwriting department is to evaluate the risk of insuring a particular person/ asset/building/ business. The underwriter is responsible for accepting liability and setting the appropriate premium pricing for the insurance policy. The underwriter would furthermore decline unfavorable risks in accordance with the prescribed underwriting guidelines and policy wording. Doing daily amendments to a client's existing cover, as well as processing monthly/ annual renewals of policies forms part of the day-to-day responsibilities of an underwriter. Requirements: Endorsements/ Amendments on existing policies Perform broker productivity on all brokers with outsourced/ binder agreements Attending to all Broker queries within prescribed SLA's and turn-around times Action Renewals (monthly/ annually) Requesting VAR Surveys on new business and/ or existing business upon renewal stage and consider all relevant Risk Requirements in order to make informed underwriting decisions Processing Corrective action based on claims history Process cancellations in accordance with internal operating procedures and time frames Endeavor to retain business wherever there is a risk of losing a client Providing quotes on existing policies upon a broker's request for the addition/ removal of an item/ asset Disciplined management of daily dairy system Requirements: Matric FETC (Further Education & Training Certificate) in Short Term Insurance - NQF 4 (150 credits) - highly advantageous Computer literate - Microsoft Word, Excel, and Outlook. Exposure to, or work experience on the TIAL Operating System (System A) - highly advantageous Sound knowledge and understanding of relevant short term insurance policy wording (Multimark III and/ or Personal Lines) Minimum one year relevant work experience in short term insurance underwriting (Personal Lines products)

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