Short-Term Insurance Underwriter

A reputable firm based in Krugersdorp requires a Short-Term Insurance Underwriter: DUTIES: Evaluate insurance applications for sectional title schemes by analysing building structures, occupancy, construction materials, security measures, and historical claims Determine risk exposure for common property, shared facilities, and individual sections within the scheme Apply underwriting guidelines to accept, decline, or modify cover based on risk appetite Calculate premiums, excess structures, and rating adjustments in line with scheme-specific risk factors Conduct portfolio reviews to ensure ongoing compliance with underwriting standards Prepare and issue quotations, policy schedules, endorsements, and renewal documentation for sectional title clients Ensure cover aligns with the Sectional Titles Schemes Management Act, prescribed minimum insurance requirements, and body corporate obligations Structure cover for buildings, common property, liability, trustees indemnity, fidelity, geysers, and additional optional benefits Liaise with brokers, managing agents, trustees, and body corporates to clarify requirements, gather information, and negotiate terms Provide technical guidance on cover options, exclusions, and regulatory requirements Support brokers with accurate, timely quotations and underwriting decisions Review claims trends within schemes to identify adverse patterns and recommend corrective action Collaborate with claims teams to validate cover, assess risk implications, and ensure claims fall within underwriting parameters Recommend risk mitigation measures such as maintenance plans, security upgrades, and compliance improvements Ensure all underwriting decisions comply with FAIS, Treating Customers Fairly (TCF), and internal governance frameworks Maintain accurate records and audit ready documentation for all underwriting activities Monitor changes in legislation affecting sectional title insurance and adjust underwriting practices accordingly Manage a portfolio of sectional title schemes, ensuring profitability and sustainable risk exposure Analyse loss ratios, premium adequacy, and scheme performance to support renewal decisions Prepare underwriting reports, risk summaries, and recommendations for management review REQUIREMENTS: Senior certificate Grade 12 RE 5 Full short term insurance qualification NOF level 4 COB 1 and 2 minimum of 4 years experience Excellent Written and verbal communication in Afrikaans