Underwriter

Univision Broker Services is seeking the services of an Underwriter who will be responsible for the correct and effective administration and underwriting of policies.

Issuing of new business, underwriting and updating of policies.

• Distribute received requests for new business & general amendments.
• Analyse data received and assess risks.
• Issuing of quotes as per insurer’s mandate (determine rates/premiums).
• Apply underwriting rules as per each insurer’s mandate.
• Issue new policy or update existing policies as per request.
• Compare quote/request with actual system.
• Verify correctness of transaction.
• Correspond with broker/assistant.
• Send confirmation of updates.
• Send updates policies to insurers.
• Sending of cancellation letter to client.

Ensure a profitable portfolio by applying midterm adjustments.

• Attend monthly mid-term adjustment committee meetings.
• Analyse data (premium vs loss ration/multi claimants), and assess risk.
• Determine additional underwriting per policy.
• Correspond adjustments with brokers.
• Apply additional underwriting on policies where necessary.
• Send correspondence to the insured regarding mid-term adjustments done.
• Ensure thorough record keeping.

Renewals.

• Attend monthly renewal committee meetings.
• Analyse data (premium vs loss ration/multi claimants), and assess risks.
• Determine additional underwriting per policy where necessary.
• Apply renewal terms to renewal policies.
• Record keeping.

General administration.

• Issuing of credit note/debit note/ request for EFT.
• Send correspondence regarding outstanding annual premiums/pro rata premiums.
• Cancellation of policies/endorsements when payment of outstanding annual premiums/pro rata premiums are not received.
• Send credit note, etc. to finance department.
• Send notification of unmet premium to client/broker/assistants.
• Receive correspondence regarding cash payments.
• Send notification of cash payment to finance department for processing
• Handling of enquiries.
• Do ad hoc functions as required, and filing of all relevant documentation.

Experience: 2 years' experience in a short-term insurance environment

Qualification: National Senior Certificate. Candidates with FAIS, RE5 or relevant insurance qualification will receive preference.

Closing date: 24 August 2025.

_____________________________________________________________________________________________________________________________

• We are committed to transformation through the appointment of persons from designated groups and potential candidates from these groups will enjoy preference.
• Kindly note that a consumer credit record will be requested in respect of all appointments which involve dealing with cash or finances.
• Should we not have contacted you within six weeks of the closing date, you may assume that your application has been unsuccessful.