Gauteng
Cape Town
Head Office (T) 010 - 020 5041

Engineering Underwriter Marketer CPT

Engineering Underwriter Marketer CPT

Title:  Engineering Underwriter – Underwriter Marketer

Area:  Century City, Cape Town

Salary:  R30k – negotiable on exp

 Brief Description:

My client a leader in the Engineering and Commercial Underwriter industry is seeking to employ an Engineering Underwriter / Underwriting Marketer – Construction & Engineering to join their fast growing dynamic team.

 Qualification:

  • Civil Engineering degree highly advantageous.
  • Must be fully FAIS compliant with the required RE certificate.
  • Qualifications and/or Certificates to accompany CV please

 

Skills & Experience:

  • Relevant market experience of minimum 5 years is a requirement.  Excellent marketing skills are beneficial.
  • 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 skills
  • which 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 an underwriting 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
  • 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.
  • This person will not issue policies and make amendments to policies on the system – as that is the function of a processor/data capture.
  • South African citizens only!

Job Description:

  • Must have engineering marketing and underwriting experience.
  • Marketing experience
  • Develop new brokers and market presence
  • Provide brokers with service of excellence (technical & business support)
  • Build relationships with brokers
  • Underwriting experience
  • risk 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 policies
  • Analyse Claims
  • Consider treaty limitations
  • Calculate terms to extend cover
  • Renewal of Business.
  • Negotiate renewals with Brokers
  • Fac Reinsurance renewal if applicable.
  • Reinsurance Broker
  • Experienced 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.

To apply please email your Word CV and head & Shoulder photo to jobs@molubi.co.za and include, availability, current cost to company and expected cost to company.  If you had no response in 3 weeks, please consider your application unsuccessful.