Underwriting Clerk/Technical Assistant

Job Summary

Ensure that the risks accepted fall within the Company’s specified guidelines, as per the Underwriting Guides – referring all exceptions to the Underwriters

Processing of Quotations, Preparation of Documents & Data Entry

Assistance with Data Analysis for the UW of the GIS portfolio to ensure profitability performance

Primary Responsibilities: 

1.Bordereaux Submissions 

• Ensure that the risks accepted fall within the Company’s specified guidelines, as per the Underwriting Guides – referring all exceptions to the Underwriters
• Review all documents submitted ensuring that Proposal Forms are fully completed and supporting documents are in line with Sum Insured, Rate and Discounts
• Completing Data entry and updating Client Information on the System
• Memo/email for outstanding documents
• Key lines of business non motor
  
• Assist in the data analysis requirements for the portfolio as requested by GM / UW Mgr

2.Billings & Preparation of Documents

• Accurately process the billings for Motor and Non-Motor Policies
• Assist with Online Renewals
• Prepare Policy Contracts & Endorsements
• Prepare letters and other documents as required

3.Provisional/Renewals

• Motor Policies/Non Motor
• Review policies for changes and claims before setting Renewal Premiums for standard cases and referrals to the Underwriter for guidance on non-standard cases
• Data entry for Non-Motor Policies (submitted by the Underwriter / Underwriting Assistant)

4.Clients Queries: Telephone/Email

• Respond accurately and in a timely manner (analyze, refer and reply)

5.Correspondence & completion of Forms

• Correspondence: Check for completion & accuracy. (Includes Bank Letters, Premium Financing Forms & Mortgagee Spreadsheets
• Refunds: Check validity and calculations; process invoice & request cheque from Financial Management after verifying the premium was paid

6.Approval & signing of documents

7.Pending Invoices:

• Check daily Pending Lists for Invoices to be processed & issued
• Follow-up on all outstanding documentation by e-mail to the relevant
• Team Member & Unit     

8.Daily TCM Reports

• TCM Audits – Once per month

9. Monthly Management Reports

• Monthly Average Rate Report
• RI Projections
• Lapse Ratio Report
• Active GIS Report
• Broker Production Reports

10. Motor Loss Ratio Analysis

11. Reinsurance

• Property Data Modelling
• RI Questionaires

12. Rate Review and Profitability Analysis

Secondary Responsibilities:

Assist with Reports and any other assigned Tasks

Qualifications

Education

Minimum 5 CSEC passes inclusive of Grade 1 or 2  in Mathematics and English A and

6 CAPE passes (full certificate) or an equivalent diploma or professional certificate

Experience

One (1) year experience in general insurance

Please note that our recruitment and selection policy requires you to present a police certificate of character no older than 6 months from the date of stamp.

We thank you for your application. However, only if you have been short-listed, you will be contacted.