Insurance Underwriter

Job Description

We are seeking a meticulous Insurance Underwriter to join our team in Cape Town. In this role, you will analyze insurance applications, assess risk, and collaborate with stakeholders to formulate policies that protect our clients effectively.

Responsibilities

• Analyze risk factors for potential insurance applicants.
• Make informed decisions on policy terms and premium rates.
• Communicate with clients regarding underwriting outcomes.
• Work with the claims department to evaluate losses and adjust policies.
• Develop and maintain underwriting guidelines and standards.
• Oversee the renewals of existing policies based on current risk assess.
• Conduct market research to stay informed of industry trends.
• Provide training and support to junior underwriters.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or a related field
• Professional qualifications in underwriting are advantageous

Experience

• 3+ years of experience in insurance underwriting

Technical Skills

• Risk Assessment
• Data Analysis
• Knowledge of Insurance Regulations

Soft Skills

• Attention to Detail
• Communication

Certifications

• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent

Advantageous

• Experience with underwriting software: Familiarity with software tools used for analyzing risk and underwriting processes.
• Knowledge of market trends: Staying informed on current trends in the insurance industry.

Benefits

• Comprehensive healthcare benefits
• Retirement savings plan with employer contribution
• Paid time off and public holidays
• Opportunities for professional development and growth

Company Culture

• Team Spirit: We encourage collaboration and support among our team members.
• Innovative Environment: We thrive on innovation and are consistently looking for new ways to improve our processes.
• Ethical Practices: We believe in maintaining ethical standards and social responsibility.