Ah 12465 - Underwriting Marketer €“ Construction And Engineering

Ah 12465 - Underwriting Marketer €“ Construction And Engineering


Ah 12465 - Underwriting Marketer €“ Construction And Engineering

Details of the offer

Employer Description

An underwriting management company located in the East Rand.
Job Description

Must have engineering marketing and underwriting experience.
Must have experience in the following tasks:
Marketing experienceDevelop new brokers and market presence
Provide brokers with service of excellence (technical & business support)
Build relationships with brokers

Underwriting experiencerisk analysis of new business.
underwriting new business
consider treaty requirements
negotiating terms with broker
calculate MPL
arrange facultative reinsurance where necessary
Requesting, implementing and monitoring of surveys
SASRIA rating

Extending existing single project policiesAnalyse Claims
Consider treaty limitations
Calculate terms to extend cover
Analyse Claims

Renewal of Business.Negotiate renewals with Brokers
Fac Reinsurance renewal if applicable.

Reinsurance BrokerExperienced in placing facultative reinsurance
Liaison / negotiation with reinsurers on Facultative business and obtaining quotations and placement of Reinsurance.
Provide fac in support

Assist with Credit Control.
Assist colleagues with technical queries
Requesting, implementing and monitoring of surveys.
Develop and arranging specialized covers and risks.
Feedback on market intelligence including trends in respect of cover and rates.
Develop, implement and monitor administration processes to ensure efficient policy administration.
Provide assistance to HR with new appointments and interviews.

Must be technically proficient.
Must be able to analyse and assess risks.
Make a sound assessment of each individual risk in order to provide a quote that is both market and risk related.
Must obtain enough information to determine whether the client is insurable and have a detailed knowledge of their business.
Must have attention to detail.
Smoothly managing your division on a day to day basis.
Respond to queries and resolve them satisfactorily within scope of authority.
Screening and distribution of incoming mail.
General administration skillswhich entails following up on quotations and renewals,
checking that policies are processed and
sent out and corresponding with brokers.

Ensure accuracy of outgoing documentation is up to company standards.
Liaising with and assisting the Global Accounts and RI departments at Head Office with queries on all Global Accounts and re-insurance placements.
Facilitate and assist with queries from Underwriting, Claims, Marketing and accounts departments.
Must be client focused and very service orientated.
Must have good communication skills.
Must have good negotiation skills including initiative.
Must be a team player.
Must have a drivers’ licence and own car.
Must have a working knowledge of Microsoft WORD and EXCEL.
Underwriting experience (This is NOT a underwriter position)
Work is driven by an internal system and requires an analytical mind.
Must be hardworking and prepared to go the extra mile.
Looking for an achiever.
Product knowledge and knowledge of wordings is a must. Candidate must be able to produce a quote.
Be well experienced in the following classes of insurance:Erection All Risk (EAR)
Construction All Risks (CAR)
Construction Industry Public Liability (CIPL)
Dismantling Transit Erection
Plant All Risks (Contractors Plant and Equipment)
Public Liability Plant All Risks
Machinery Breakdown (MB)Business Interruption (MB / BI)
Deterioration of Stock (DOS)

Electronic Equipment (EE)
Works Damage

This person will not issue policies and make amendments to policies on the system – as that is the function of a processor/data capture.


A Civil Engineering degree and insurance background. Must be fully FAIS compliant with the required RE certificate.

Excellent marketing skills. Relevant market experience of minimum 10 years is a requirement. Candidates applying for this position need to be disciplined, presentable, self-motivated and possess strong time management skills. The right person must have a positive outlook, be optimistic and should have a need to be successful in developing a sustainable book of engineering insurance business.
Salary / Package


Salary negotiable, determined by candidates experience and value they will add to the company.

Source: Executiveplacements



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