Insurance Analyst

Durban FULL TIME R25,000 - R35,000 / Month
(R300,000 - R420,000 / Year)

Job Description

As an Insurance Analyst based in Durban, you'll play a crucial role in assessing the risk associated with different insurance policies. You will utilize data analytics to provide recommendations that help shape our offerings and improve client satisfaction. This position requires a blend of analytical prowess and interpersonal skills to effectively communicate findings to stakeholders.

Responsibilities

  • Analyze and assess risk related to new insurance products.
  • Work with data analytics tools to provide actionable insights.
  • Collaborate with colleagues across different departments to drive improvements.
  • Prepare presentations for internal and external stakeholders.
  • Stay updated on legal changes and compliance requirements.
  • Contribute to the creation of training materials for new hires.
  • Identify areas for process optimization within the analysis cycle.
  • Assist in setting goals for the team based on market insights and analysis.

Requirements

Education
  • Bachelor's degree in Economics or related field
  • Advanced degree (Master's level) is appreciated
Experience
  • 5+ years of experience in analytical roles within the insurance sector
Technical Skills
  • Statistical Analysis Software
  • Insurance Modeling Software
Soft Skills
  • Analytical Thinking
  • Team Collaboration
Certifications
  • Chartered Property Casualty Underwriter (CPCU)
  • Certified Risk Manager (CRM)
Languages
  • English: Fluent

Advantageous

  • Knowledge of data visualization tools (Tableau, Power BI): Experience presenting data insights in a clear and visual manner to stakeholders.
  • Experience in market analysis for insurance products: Analyzing market trends to optimize insurance offerings.

Benefits

  • Health, dental, and vision insurance options
  • Company-sponsored training and development programs
  • Flexible hours to accommodate work-life balance
  • Paid time off and holidays

Company Culture

  • Innovation-Driven: We strive for innovation in our services and encourage creative thinking among our teams.
  • Work-Life Balance: We believe in balancing work obligations with personal life and provide flexible working options.
  • Community Engagement: Encouraging participation in community service and outreach as an important aspect of our values.
Status: Open