Underwriting Clerk

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

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

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
• 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

SIGNING

Preparation

• Ø Valuation Vouchers
• Ø NCD Letters
• Ø Premium Fin. Forms
• Ø Bank Letters
• Ø Reinstatement Letters
• Ø Cancellations Letters
• Ø Licensing Letters
• Ø Provisional Renewal Letters
• Ø Certificates
• Ø Refund Requests
• Ø Policy Contracts
• Ø Endorsements
• Ø Miscellaneous letters

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

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.