Commercial Underwriter

Role overview

ACG Growth Partners™ is recruiting a Commercial Underwriter on behalf of an established short-term insurance brokerage in Benoni.

The brokerage has built a strong reputation for reliability and expertise, and most of its clients arrive by word-of-mouth referral. It places a wide range of short-term cover, from personal contents insurance through to large corporations, factories and workshops, along with specialised products such as trade credit, malpractice, and kidnap and ransom. Its focus is on tailoring policies to each client’s needs and budget, and on helping clients through complex insurance decisions.

The Commercial Underwriter works alongside a portfolio manager. Together they assess and evaluate new commercial insurance business, renew and endorse policies, follow up on unpaid premiums and recommend cover adjustments to clients. This is a full-time, on-site position.

Key responsibilities

• Assess and evaluate new commercial insurance business with the portfolio manager.
• Analyse risk information and prepare quotations.
• Negotiate terms with insurers and clients.
• Ensure that policies are structured to meet client needs.
• Renew and endorse policies.
• Follow up on unpaid premiums.
• Recommend cover adjustments to clients.
• Maintain accurate records.
• Support the portfolio manager in the day-to-day running of the portfolio.
• Stay up to date with industry changes, regulatory requirements and market developments, and apply them to underwriting decisions.

Minimum requirements

• Matric (Grade 12).
• Strong analytical skills, with the ability to assess risk, interpret financial data and make sound underwriting decisions.
• Strong attention to detail and organisational skills.
• The ability to manage multiple cases and deadlines.
• Computer proficiency, including common office software.

Preferred qualifications

• Short-term insurance industry experience. This is ideal but not essential.

Personal attributes

Eagerness and humility to learn count for more here than prior experience. The brokerage wants someone who takes pride in the quality of their work and goes the extra distance for clients.

Why this opportunity

• A medium-sized brokerage where many of the staff have been with the business since it started.
• A supportive working environment that treats employees with respect and offers stability in a competitive industry.
• A loyal client base that values the brokerage’s advocacy over the cheapest premium.
• Exposure to a broad commercial book, from small businesses to large corporate and specialist risks.

Remuneration and working arrangements

R23,000 per month plus a 13th cheque. Full-time and on-site in Benoni.