About this role

Underwriter - Auto

What you need to know:

Identify and underwrite profitable Auto accounts within underwriting authority, limits and guideline as outline by the Chief Underwriting Officer.

Maintain and grow relationships with brokers under PCM direction.

Manage assigned accounts, ensuring efficient document workflow in line with operational procedures.

Principle duties and responsibilities

Assist with the development of products, pricing, underwriting and risk segmentation strategies.
Ensure renewal review process is completed within Standard Operating Procedures requirements to assist profitability and growth targets.
Ensure compliance with data integrity requirements, underwriting guidelines, authorities, and company retention limits, through risk assessment process,
Decide on financial transactions within authorities – discounts, rates, accepting business, declining to quote on business, declarations, endorsements, pro-rata endorsements and invoicing.
Ensure all relevant supporting documentation (Placement Slips, Policy Wordings, endorsements, etc) are issued in line with policy requirements and standard operating procedures.
Maintain, create and ensure sign off with relevant internal stakeholders on all policy wordings as required.
Investigation and resolution of internal and external account queries.
Ensure adherence to our Appetite guidelines as defined by GARB
Develop budgets and strategies for premium growth, loss containment, profitability and retention and all other areas of underwriting responsibility.

Audit and Compliance

Minimum of 5 years working experience on commercial auto claims
Understanding of various premium and program structures within the auto insurance sector
NQF level 5 or 6 / ACII preferable
RE5

Core Competencies Requirements:

Underwriter - Auto