Account Exec To Broker​/Personal Lines Underwriter

Qualifications and Compliance Requirements

Minimum three to five years relevant work experience in Short Term Insurance

• Ability to function independently and under pressure;
• Assertiveness;
• Continuous Learning;
• Commitment;
• Customer Driven;
• Excellent Communication skills;
• Flexible and Adaptable to change;
• Goal oriented;
• High attention to detail;
• Honesty, Integrity and Ethical Behaviour;
• Results oriented;
• Self-Starter / Proactive / Ability to use own initiative;

Team player.

• Capture and collate client and risk details received from Sales;
• Binder Insurers :
  Quote and underwrite in line with Insurer Underwriting Guide and mandates;
• Other Insures :
  Approach market for quotes;
• Provide Sales with quotes from Insurers;
• Ensure all FAIS documents are completed by Client and Sales;
• On confirmations from client / sales arrange cover with Insurer;
• Process policy documents raise debits where applicable;
• New business pack to be emailed to AE / Client. Where applicable :
  New Business packs to be printed and bound for delivery to client by AE;

Renewal listing, claims experience and ratio will be provided 6 weeks prior to renewal (renewals are created automatically in accordance with renewal rule set)

• Check to see if all relevant FAIS documents are on file;
• Review the latest record of advice on the policy;
• Review correctness of cover and insured details on policy ;
• Send the renewal comparison and schedule to the insurer for review and sign off (Personal Only);
• Obtain / Negotiate terms with insurers (Domestic Insurer collect);
• Assist AE with market exercise where necessary complete comparison;
• Confirm renewal discussion with client to AE or vice-versa Underwriter to be reduced to in writing;
• Lay off cover with Insurer (Personal);
• Update summary with renewal information;
• Process policy documents raise debits where applicable ensuring debit is raised in correct financial period;
• Send renewal to client (copying in AE) or Complete pack to AE for delivery both Domestic and Personal;

• Domestic Renewals to be prepped by the renewal team from prepping to sending to client ensuring all relevant documents are attached. Where applicable, to discuss with relevant Underwriter / AE;

• Cover confirmation to be processed immediately copy to AE, client and Insurer (Insurer : Personal only);
• Diarise if there is outstanding information;
• Process amendment directly if all information available;

Acknowledge receip