Underwriting Consultant

Badger HoldingsSprings, Gauteng, South Africa

30+ days ago

Job description

DIVISION / DEPARTMENT : UNDERWRITER

Role and Responsibility of an Underwriting Consultant

Purpose : Our clients’ and partners’ financial well-being and success

Mission : To be a leading international insurer by :

Partnering with our clients in every aspect of their risk management
Delivering unsurpassed levels of service
Fully embracing technology
Continuously innovating
Providing clear, effective, and solid coverage at the most affordable rates

Values : Focus, Resilience, Tenacity, Relationships, Discipline

TCF : Maintain and uphold TCF Outcomes.

Core Function : An insurance underwriter reviews insurance applications, assesses clients’ needs, backgrounds, and financial status. They analyze risks to establish coverage terms and maintain profitability for all stakeholders involved. They ensure compliance with all applicable insurance legislation and laws, and uphold the highest quality standards.

Reporting to : Assistant Manager

OUTPUT / CORE TASKS :

Meticulously assess the risk factors of potential clients and establish coverage terms.

Implement guidelines that ensure a balanced ratio of favorable risks, minimizing claim costs, and enabling the company to provide insurance at a competitive price.

Understand risk analysis, analyze data, and make informed decisions.

Examine insurance proposals, ensure compliance and adherence.

Negotiate terms with clients and insurers.

Draw up quotes for competitive insurance premiums.

Achieve performance targets.

Follow applicable insurance laws.

Provide feedback to the manager in the form of reports.

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Consultant • Springs, Gauteng, South Africa