Insurance Underwriter

Job Description

In the role of Insurance Underwriter, you will leverage your assessment skills to evaluate applications and set policy parameters. Collaborate with agents and clients to align their needs with our offerings, making critical decisions to protect both the company and its insured.

Responsibilities

• Review and approve insurance applications.
• Assess applicants' credit and claims histories.
• Develop pricing strategies for different types of policies.
• Identify areas of improvement in underwriting processes.
• Collaborate with risk management teams to set underwriting standards.
• Provide guidance on complex cases and claims.
• Assist in creating underwriting policies and guidelines.
• Monitor the market for pricing competitiveness.
• Engage in professional development and training.
• Support marketing efforts by providing underwriting insights.

Requirements

Education

• Bachelor's degree in Finance, Business, or related field
• Professional underwriting certification is advantageous

Experience

• 3+ years of experience in underwriting or related field

Technical Skills

• Risk Assessment
• Data Analysis
• Industry Knowledge
• Negotiation Skills

Soft Skills

• Attention to Detail
• Communication
• Problem-solving

Certifications

• Chartered Property Casualty Underwriter (CPCU)
• Fellow of the Insurance Institute (FII)

Languages

• English: Fluent
• Afrikaans: Intermediate

Advantageous

• Experience with underwriting software: Familiarity with software tools used for underwriting analysis.
• Knowledge of emerging risks: Understanding of trends affecting risk assessment in the insurance industry.

Benefits

• Comprehensive health and dental benefits
• Retirement plans with employer contribution
• Paid time off and sick leave
• Opportunities for professional development

Company Culture

• Team-oriented environment: We prioritize collaboration and teamwork, encouraging all employees to contribute ideas and solutions.
• Commitment to growth: Our company invests in employee development and career progression.
• Diversity and inclusion: We celebrate diversity and strive to create an inclusive workplace for all.