Underwriting Intern - 12 Months

About the position

The incumbent will be required to work closely with the underwriter and Specialist for training, coaching and guidance, on the following underwriting tasks:

• Development and review the company policy wordings and guidelines to ensure consistency in the management of the company business by the Agents.
• Dissemination of product knowledge to the industry.
• Product development and enhancement.
• Loss ratio management.
• Managing technical queries from the industry.
• Ensuring that product pricing is in line with the risk exposure.

DUTIES AND RESPONSIBILITIES
1.Strategic Alignment 

• Increasing capacity and knowledge of company business in order to have skills to tap into whenever the need arises.

• Underwriting management

• Participate in reviewing terms and conditions of products.
• Participate in reviewing our regulations and policy wordings to ensure they remain relevant and up to date.
• Assist in monitoring the loss ratio movement per class of business.
• Monitor and report multi claimants.
• Assist in handling e-mail queries from our stakeholders.
• Participate in conducting research on possible new products and enhancement of existing ones through interactions with the market.
• Participate in the review of product information on our website to ensure its relevance.
• Understand and adhere to client and staff relationships through individual contacts and group meetings.
• Pursues professional development opportunities, including external and internal training and where possible be able to share information gained with co-workers.

• Risk management

• Contribute in identifying emerging risks.
• Contribute in establishing required controls to mitigate Underwriting risk.

• Training and Support

• Active involvement in development of own skills, through agreeing performance development plan to improve technical and soft skills.

• Perform ad hoc tasks

• Perform any reasonable ad hoc tasks as and when required by the organisation.

MINIMUM REQUIREMENTS

Minimum Qualifications:

• Bcom in Business management, Risk Management or Insurance.
• National Senior Certificate / Matric.

Minimum Experience:

• None (should however be able to demonstrate professionalism, hard-work and beable to grasp concepts swiftly).

Please note that preference will be given to people with disabilities.

Desired Skills:

• Computer skills
• Communication Skills
• Problem Solving