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

1. Daily TCM Reports

• TCM Audits – Once per month

1. Monthly Management Reports

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

1. Motor Loss Ratio Analysis
2. Reinsurance

• Property Data Modelling
• RI Questionaires

1. 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.