Overview
To actively pursue the growth of the Company by maintaining the existing book of business and write new business for the Short-term Insurance department. The position will also oversee and manage the department and report directly to the General Manager.
Minimum Requirements
Education
Grade 12 / Matric / Equivalent
Certificate / Diploma in Short-term Insurance NQF L4 (Requirement to obtain within 2 years of DOFA)
Certification / License
RE 5 (requirement to obtain within 2 years of DOFA)
Work Experience
3 - 5 years Underwriting and Claims Processing Financial Services related experience
Knowledge, Skills & Abilities
- Maintain and manage department systems and procedures
- Proficiency in MS Office (MS Word and MS Excel in particular)
- Excellent problem-solving skills
- Ability to manage multiple projects
- Innovative thinker
- Excellent verbal and written communication skills
- Experienced negotiation skills
- Eagerness to learn and grow with the department
- Comply with honesty, integrity and good standing requirements
- Detailed oriented and highly organized
Job Duties
Underwriting
(Amendments & renewals)
Provide suitable advice and intermediary services to clientsPro-actively manage the client portfolio, ensuring continuity and compliance to the mandate and Company and Industry policies, procedures, and requirementsReview policy needs of existing clients, make suitable recommendations based on the needs identifiedObtain and provide quotes to existing clientsSend through amendments to insurers or where applicable do it directly on the online systemsProvide suitable advice and intermediary servicesKeep clients informed at all times on the progress of their interaction with you and the companyCompliance & Reporting
Maintain best practice standards and comply with all present and future statutory and regulatory requirements for the Financial Services Industry including record keepingProvide weekly and monthly reports to managementMarket the “firm”
Promote all the available services offered by the CompanyClient relationship Management
Engage with clients to identify their needs and source suitable insurance productsDevelop strong client relationships retain businessClaims
Send through insurer claim forms to clientsManage claims process for clients from registering the claim, doing follow up calls and email to insurers, to providing the client with regular feedback until the claim is finalizedAssist with supporting documentationTeamwork & leadership
Provide guidance to new business and claims assistantsReview standard documentation and templates, make recommendations to the HOD and assist with implementation thereofKey Performance Indicators
Claims ratios on portfolio managedNew BusinessRetention ratioRenewalsUnderwriting
Identify and develop profitable business opportunitiesObtain and provide quotes to prospective clientsProvide suitable advice and intermediary services to clientsKeep clients informed at all times on the progress of their interaction with you and the companyAbility to work with private individuals and top management of commercial / corporate companies#J-18808-Ljbffr