Qualifications and Compliance requirements :
Minimum three to five years relevant work experience in Short Term Insurance
Personal attributes :
- Ability to function independently and under pressure;
- Assertiveness;
- Continuous Learning;
- Commitment;
- Customer Driven;
- Excellent Communication skills;
- Flexible and Adaptable to change;
- Goal oriented;
- High attention to detail;
- Honesty, Integrity and Ethical Behaviour;
- Results oriented;
- Self-Starter / Proactive / Ability to use own initiative;
- Team player.
Securing New Business
Capture and collate client and risk details received from Sales;Binder Insurers : Quote and underwrite in line with Insurer Underwriting Guide and mandates;Other Insures : Approach market for quotes;Provide Sales with quotes from Insurers;Ensure all FAIS documents are completed by Client and Sales;On confirmations from client / sales arrange cover with Insurer;Process policy documents â raise debits where applicable;New business pack to be emailed to AE / Client. Where applicable : Â New Business packs to be printed and bound for delivery to client by AE;Renewals :
Renewal listing, claims experience and ratio will be provided 6 weeks prior to renewal (renewals are created automatically in accordance with renewal rule set)
Check to see if all relevant FAIS documents are on file;Review the latest record of advice on the policy;Review correctness of cover and insured details on policy ;Send the renewal comparison and schedule to the insurer for review and sign off (Personal Only);Obtain / Negotiate terms with insurers (Domestic â Insurer collect);Assist AE with market exercise where necessary â complete comparison;Confirm renewal discussion with client to AE or vice-versa Underwriter â to be reduced to in writing;Lay off cover with Insurer (Personal);Update summary with renewal information;Process policy documents â raise debits where applicable ensuring debit is raised in correct financial period;Send renewal to client (copying in AE) or Complete pack to AE for delivery â both Domestic and Personal;Domestic :
Domestic Renewals to be prepped by the renewal team â from prepping to sending to client ensuring all relevant documents are attached. Where applicable, to discuss with relevant Underwriter / AE;Confirmations
Cover confirmation to be processed immediately â copy to AE, client and Insurer (Insurer : Personal only);Diarise if there is outstanding information;Process amendment directly if all information available;Amendments
Acknowledge receipt of amendment request â advise AE;Binder Insurers : Process amendment in line with Insurer Underwriting Guide and mandates;Other Insurers : Obtain terms and process amendment;Send copy to Insurers â this is applicable to Personal only;Email updated schedule to client, copying the AE;Cancellations
      Advise AE immediately;Send to Team Leads / Underwriting Managers for cancellation to be actioned;Prep refund requisition to be sent to Underwriting Managers to be authorised and sent to finance;Multi-Claimants / Portfolio Management
Process corrective endorsement / cancellation on Insurerâs advices;Or
Process corrective endorsement / cancellation as part of the renewal (rule set) raised;Manage own area of control
At all times :
Annual leave : Ensure all outstanding mails / tasks have been attended to prior to going on leave.Be punctual, keeping to prescribed hours / timekeeping;Deadlines : Ensure all turnaround times and target dates are adhered to;Display personal accountability for own actions, quality of work and personal development;Effectively and efficiently maintain filing system;Ensure that accurate record is kept of all new matters received in the department; Ensure that all deadlines are met, and that SLAs are adhered to;Ensure required response times to emails and telephonic messages are adhered to;Ensure that all relevant Procedure Manuals (Standard Operating Procedures) are adhered to;Exhibit Com[any Core Values at all times (Professionalism, Integrity, Perseverance, Positive Attitude);Maintaining professional behaviour and work ethic;Perform adhoc duties as allocated from time to time;Team player and adhere to the backup arrangement as required by department to ensure cohesion.