Regulatory Exam for Representatives

Bachelor of Commerce - General

Personal & Commercial Underwriter

Ensuring operations are in order and smooth running of all administrative duties Plan, coordinate and oversee all personal lines operations Domestic and commercial quotations Calculate premiums and establish payment method. Underwriting risks Assess claims occurrences, examine claims forms and other records to determine insurance coverage. Book take overs Handling queries from brokers Provide technical support and services for brokers Issuing business, amended policies, loading policies and new business Prepare and process closing instruction documents and arranging of debit collections Refer to underwriting materials, such as policy wordings, addendum's, mandates and guidelines as needed to ensure translation accuracy Follow ethical codes that protect the confidentiality of information Transmit and receive messages, using telephones Collect information and make judgments through observation, and review of documents Create, maintain, and enter information into databases. Determine policy contract provisions for each type of insurance. Explain changes in contract provisions to customers. Ensure that policy requirements are fulfilled, including any necessary medical examinations and the completion of appropriate forms. Seek out new clients and develop clientele by networking to find new customers and generate lists of prospective clients. Perform administrative tasks, such as maintaining records and handling policy renewals. Decline excessive risks. Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks, using reference materials.

Commercial Data Processor

Data capturing and analysis Compile, sort and verify the accuracy of data before it is entered. Store completed documents in appropriate locations. File and retrieve corporate documents, records, and reports. Corrective actions Commercial and domestic lines quotations New business issuing. Survey requests. Confirmation of covers Insurance certificates. Perform administrative tasks, such as maintaining records and handling policy renewals. Calculate premiums and establish payment method. Customize insurance programs to suit individual customers, often covering a variety of risks. Establish and maintain relationships with individual or business customers or help with problems these customers may encounter. Approve, reject, or coordinate the approval or rejection of insurance quotes Create, maintain, and enter information into databases. Complete forms in accordance with company procedures. Make copies of correspondence or other printed material.