- Screening and analysing new and existing business pricing requests:
- Analyse and format data received from broker
- Gathering, assessing and analysing all relevant information needed to:
- Provide a new business cover proposal
- Review existing business premium rates and terms and conditions
- Preparing quality Cover Proposal Documents for both existing and new business (including program runs to determine rates) which are accurate and timeous
- Compiling, monitoring and analyse claims experience for new and existing business
- Assessing and calculating the risk rate, free cover limits and underwriting requirements for the products requested utilizing the current pricing tools.
- Provide feedback to Product Development on current benefits and opportunities
- Determining suitable terms and conditions so that the risk can be managed.
- Consider wider topics of risk management such as occupational and industry risks.
- Identifying and solving of problems within the business environment
- Liaising with clients (both external and internal) on rates, products, tenders, revision and other risk issues
- Collaborate with reinsures for benefit rates on a treaty – and facultative arrangement basis
- Assisting with ad-hoc projects and miscellaneous queries
- Meet deadlines set
- Retrieve data from administration systems
- Assist new recruits in up-skilling
Desired Skills:
- Grade 12 / Matric with Maths Literacy NFS achievement level 3
- Graduate from University or Technikon or be studying towards a degree / diploma having completed the first year of studies
- 2 – 5 years in a Group Risk and Pricing Environment
- Good knowledge of the business administration platforms
- Familiar with Compliance Processes and Procedures in the Insurance Industry
- Familiar with the business products and their rules and workings
Desired Work Experience:
- 2 to 5 years
Desired Qualification Level:
- Diploma