Insurance Underwriter

Job Description

In this position, you will evaluate insurance risks and exposures for our diverse portfolio of clients. You will collaborate with sales and actuarial teams to establish best practices and ensure that we offer competitive products in the market.

Responsibilities

• Assess and analyze insurance risks associated with potential clients.
• Work with sales teams to develop competitive insurance products.
• Identify areas for improvement in underwriting processes.
• Utilize data analysis software to improve underwriting decision-making.
• Evaluate claims data to refine underwriting criteria.
• Facilitate training for junior underwriters on best practices.
• Coordinate with actuaries to understand market trends.
• Prepare reports summarizing underwriting activities and outcomes.
• Ensure excellent customer service standards in all underwriting interactions.
• Engage in continuous professional development and certification programs.

Requirements

Education

• Bachelor's degree in Finance, Business, or related field
• Chartered Insurance Institute (CII) Diploma or equivalent is preferred

Experience

• 3+ years of experience in underwriting or a similar role

Technical Skills

• Risk Assessment
• Data Analysis
• Financial Modelling

Soft Skills

• Analytical Thinking
• Communication

Certifications

• Underwriting Certificate from a recognized body

Languages

• English: Fluent

Advantageous

• Experience with insurance software applications: Familiarity with industry-standard underwriting tools and platforms.
• Leadership experience: Capability to mentor junior team members and lead projects.

Benefits

• Medical aid and provident fund contributions.
• Performance bonuses based on KPIs.
• Flexible working hours.
• Continuous learning and development programs.

Company Culture

• Innovation and Excellence: We strive for innovation and excellence to serve our clients better.
• Professional Development: We invest in our employees' continuous personal and professional growth.
• Team Spirit: Collaboration and support among team members are at the core of our culture.