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| Job | Normal cost | Discount | Cost | Saving |
|---|---|---|---|---|
| 4 | R2,000 | 27% | R1,460 | R540 |
| 6 | R3,000 | 29% | R2,130 | R870 |
| 8 | R4,000 | 31% | R2,760 | R1,240 |
| 12 | R6,000 | 35% | R3,900 | R2,100 |


Underwriting Consultant
| Remuneration: | market-related |
| Location: | Springs |
| Job level: | Junior/Mid |
| Type: | Permanent |
| Reference: | #BH-320 |
| Company: | Badger Holdings |
Job description
Role and Responsibility of an Underwriting ConsultantPurpose Our clients’ and partners’ financial well-being and success
Mission
- To be a leading international insurer by:
- Partnering with our clients in every aspect of their risk management
- Delivering unsurpassed levels of service
- Fully embracing technology
- Continually innovating and always providing clear, effective, solid cover at the most affordable rates
Values
Focus- Resilience- Tenacity- Relationships- Discipline
TCF
Maintain and uphold TCF Outcomes.
Core Function
An insurance underwriter is a professional responsible for reviewing insurance applications, assessing client’s needs, backgrounds and financial status. They analyse risks to establish terms of coverage and maintain profitability for all stakeholders involved. They ensure compliance with all applicable insurance legislation and insurance laws and maintain the highest quality assurance standards.
Reporting to
Assistant Manager
Output:
- Meticulously assess the risk factors of potential clients and establish coverage terms.
- Implement guidelines that ensure a balanced ratio of favourable risks, minimizing claim costs, and enabling the company to provide insurance at a competitive price.
- Comprehensive understanding of risk analysis, the ability to analyse data, and make informed decisions.
- Examine insurance proposals, ensure compliance and adherence.
- Ability to negotiate terms with clients and insurers.
- Draw up a quote for competitive insurance premiums.
- Achieve performance targets.
- Follow applicable insurance laws.
- Ability to provide feedback to manager in the form of reports.
Skills(all essential):
- Analytical skills
- The ability to work with customers from a range of backgrounds.
- Confident decision making skills.
- Attention to detail
- Excellent oral and written communication skills and ability to professionally represent your Department
- Negotiating & closing skills
- Ability to work under pressure and be flexible as part of a team
- Ability to develop and maintain good working relationships at all levels, including during difficult or challenging circumstances.
- Ability to prioritise and manage own workload amid conflicting demands and busy work periods
Knowledge:
- Matric
- Intermediate level knowlwdge of MS suite
- Must be proficient with the keyboard and IT applications
- RE5
Posted on 04 Feb 16:44, Closing date 5 Mar
See also: Consultant, Sales Consultant
dotsure.co.za is a focused investment holding company specialising in the short-term motor insurance industry.
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