Insurance Underwriter

Job Description

As an Insurance Underwriter, you will assess risk and determine policy terms for potential clients in our Durban branch. Your analytical skills and industry knowledge will play a vital role in ensuring profitable underwriting decisions.

Responsibilities

• Assess risks by analyzing financial documents and client credentials.
• Establish and maintain relationships with brokers and agents.
• Calculate optimal coverage limits based on risk analysis.
• Identify potential fraudulent applications and mitigate risk exposure.
• Continually refine underwriting guidelines based on real-time data insights.
• Support the team in achieving overall underwriting goals and objectives.
• Engage in ongoing professional development and education in underwriting best practices.

Requirements

Education

• Bachelor's degree in Economics or Math
• Professional underwriting certification preferred

Experience

• 3-6 years of experience in insurance underwriting

Technical Skills

• Policy Writing
• Market Research

Soft Skills

• Interpersonal Skills
• Problem Solving

Languages

• English: Fluent

Advantageous

• Familiarity with Insurance Regulations: Understanding of local and international regulatory requirements related to underwriting.
• Experience with Analytics Tools: Proficient in tools used for data analytics and risk management.

Benefits

• Competitive salary package
• Medical aid and wellness programs
• Annual bonuses based on performance
• Continuous training and development opportunities

Company Culture

• Teamwork: We encourage collaboration and value teamwork to achieve our goals collectively.
• Accountability: Our team holds each other accountable, ensuring high-quality work and integrity.
• Customer Focus: We prioritize our clients and strive to provide exceptional service to all customers.