About the position
Our client is looking for someone who will join their team to underwrite and manage a portfolio of sectional title and community scheme insurance policies by evaluating risk, setting appropriate terms, and delivering a high standard of client service.
Key Responsibilities:
- Assess and underwrite new applications for sectional title schemes, ensuring accurate risk profiling and compliance with underwriting guidelines.
- Renew and maintain existing policies, ensuring correct valuations, coverage, and client details are captured.
- Price risks appropriately based on exposure, claims history, location, and construction type.
- Liaise with brokers, managing agents, trustees, and internal stakeholders to clarify cover, provide advice, or negotiate terms.
- Evaluate building inspection reports, surveyor inputs, and claims data to improve risk selection.
- Handle mid-term changes, including amendments to cover, endorsements, and policy cancellations.
- Ensure all policy documents, schedules, and underwriting notes are correctly issued and stored.
- Stay updated on legislation affecting sectional title schemes (e.g., Sectional Titles Act, CSOS requirements).
- Provide support during claims disputes or queries relating to cover interpretation.
- Collaborate with the claims, finance, and legal departments to resolve complex client issues.
Requirements:
Qualifications:
- Matric / Grade 12 (essential)
- FAIS-compliant qualification in Short-Term Insurance (e.g., NQF Level 4 or higher)
- RE5 certification.
Experience:
- 3-5 years of underwriting experience in short-term insurance
- 2+ years specifically in sectional title/community scheme underwriting
- Experience with insurance systems and underwriting software
Skills & Competencies:
- Strong knowledge of insurance products for buildings and community schemes
- Understanding of South African property legislation relevant to sectional title schemes
- Attention to detail and analytical thinking
- Strong written and verbal communication skills
- Client-focused with good negotiation and problem-solving skills
- Ability to work independently and as part of a team
Desired Skills:
- Underwriting
- Sectional title
- Underwriting Support
- Residential Mortgages
- Insurance services
- RE
Desired Work Experience:
- 2 to 5 years Financial Advisory & Consulting Service
- 2 to 5 years Risk Assessment
