Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter in Durban! We are looking for an analytical and detail-oriented professional who can assess risks and underwrite policies in a fast-paced environment. The ideal candidate will have experience in evaluating applications and making sound decisions based on our underwriting guidelines.

Responsibilities

• Evaluate insurance applications, assessing risk and determining coverage eligibility.
• Analyze data to decide on policy terms, premiums, and conditions.
• Collaborate with agents and clients to discuss underwriting decisions.
• Ensure adherence to compliance and regulatory requirements.
• Prepare and maintain accurate documentation and reports.
• Monitor existing policies and assess risk over time.
• Maintain knowledge of current trends in the insurance industry and competitors.

Requirements

Education

• Bachelor's degree in Risk Management or Insurance

Experience

• 5+ years of experience in underwriting insurance policies.

Technical Skills

• Insurance Regulations
• Financial Acumen

Soft Skills

• Negotiation
• Analytical Thinking

Certifications

• Advanced Insurance Qualification (AIQ)

Languages

• English: Fluent
• Zulu: Conversational

Advantageous

• Familiarity with underwriting software: Experience with industry-standard underwriting software and tools.
• Knowledge of claims processing: Understanding of the claims process to better inform underwriting decisions.

Benefits

• Competitive salary package
• Health and wellness benefits
• Retirement savings plan with company contribution
• Continuous professional development opportunities

Company Culture

• Team-Oriented: We pride ourselves on a collaborative atmosphere that encourages teamwork and support among colleagues.
• Continuous Learning: Our company encourages ongoing professional development and skill enhancement.
• Innovative Environment: We prioritize innovation and creative solutions to solve problems for our clients.