Insurance Underwriter

Job Description

As an Insurance Underwriter at Insurance Solutions Ltd., you will play a crucial role in protecting our clients by evaluating risks and developing comprehensive insurance solutions. Candidates with prior experience in underwriting and a passion for customer service are encouraged to apply.

Responsibilities

• Process new and renewal applications for insurance coverage.
• Conduct thorough risk assessments and determine appropriate premiums.
• Prepare detailed underwriting notes and documentation.
• Develop relationships with insurance brokers and agents.
• Monitor loss ratios and compliance with underwriting standards.
• Stay informed about market trends and changes in regulations.
• Participate in team meetings to discuss underwriting strategies.

Requirements

Education

• Bachelor's degree in a relevant field such as Mathematics or Risk Management
• Post-graduate qualifications in insurance are advantageous

Experience

• 5-7 years of experience in insurance underwriting or related fields

Technical Skills

• Underwriting Software Proficiency
• Financial Acumen

Soft Skills

• Analytical Thinking
• Team Collaboration

Certifications

• Fellowship in Insurance (FIA)
• Graduate in Risk Management (GRM)

Languages

• English: Fluent

Advantageous

• Experience with underwriting analytics tools: Proficiency in using tools for data analytics and underwriting evaluation.
• Knowledge of alternative insurance products: Understanding of alternative options such as parametric, captive, and reinsurance.

Benefits

• Comprehensive health and wellness programs
• Retirement fund contributions
• Flexible work hours
• Career development opportunities

Company Culture

• Team Spirit: We promote a strong sense of community and teamwork among our staff.
• Innovative Mindset: We embrace change and are always looking for innovative solutions.
• Commitment to Diversity: We celebrate diversity and strive to create an inclusive environment.