Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our dynamic team in Johannesburg. In this role, you will assess risk, evaluate applications, and determine appropriate coverage options for clients. Your expertise will be essential in ensuring that we provide the best insurance solutions tailored to our clients' needs.

Responsibilities

• Evaluate complex underwriting scenarios and provide recommendations.
• Prepare reports and presentations on underwriting decisions for management review.
• Implement underwriting policies and ensure compliance with company standards.
• Assess the potential impact of regulatory changes on underwriting processes.

Requirements

Education

• Bachelor's degree in Economics or Insurance
• Master's degree is an advantage

Experience

• 5+ years of experience in the insurance industry or underwriting

Technical Skills

• Financial Analysis
• Insurance Regulations

Soft Skills

• Negotiation
• Analytical Thinking

Certifications

• Fellow of the Society of Actuaries (FSA)

Languages

• English: Fluent
• Afrikaans: Basic

Advantageous

• Experience in commercial lines of insurance: Background in underwriting commercial insurance policies is advantageous.
• Advanced data analysis skills: Ability to conduct in-depth data analysis to inform underwriting assessments.

Benefits

• Comprehensive medical insurance
• Bonuses based on performance
• Flexible work hours and remote work options
• Professional development opportunities

Company Culture

• Employee Engagement: We value employee engagement and offer various initiatives for team bonding.
• Work-Life Balance: We believe in maintaining a healthy work-life balance for all employees.
• Continuous Learning: We provide resources for continuous learning and professional development.