Insurance Underwriter

Job Description

Looking for a detail-oriented Insurance Underwriter who can accurately analyze insurance applications and set appropriate premiums. A successful candidate will thrive in a fast-paced environment and exhibit excellent communication skills.

Responsibilities

• Conduct thorough reviews of insurance applications for accuracy.
• Determine premium rates based on risk assessments.
• Establish and maintain effective communication with clients and brokers.
• Identify potential improvements in the underwriting process.
• Assist in the development of new insurance products.
• Review and update underwriting guidelines to ensure compliance.
• Analyze loss history to identify underwriting trends.
• Maintain accurate records of underwriting decisions and processes.
• Cultivate relationships with the sales team to support business growth.

Requirements

Education

• Bachelor's degree in Actuarial Science or a related field
• Additional insurance qualification will be beneficial

Experience

• 3-5 years of experience in underwriting or financial analysis

Technical Skills

• Statistical Analysis
• Compliance Knowledge

Soft Skills

• Problem-solving
• Team Coordination

Certifications

• Fellow of the Casualty Actuarial Society

Languages

• English: Fluent

Advantageous

• Knowledge of Market Trends: Experience tracking and interpreting market trends in the insurance sector.
• Strong Negotiation Skills: Ability to negotiate effectively with clients and agents on premiums and coverage.

Benefits

• Comprehensive medical, dental, and vision insurance
• Generous retirement savings plan with employer matching
• Paid vacation and personal days
• Career advancement and upskilling opportunities

Company Culture

• Continuous Improvement: We value continuous improvement and encourage employees to expand their skills.
• Supportive Work Environment: Employees are supported by a diverse team that values contributions from all members.
• Community Engagement: We actively engage with the community and support local initiatives.