Insurance Underwriter

Job Description

As a vital member of our team, the Insurance Underwriter will assess insurance applications, determine risk levels, and provide recommendations on coverage limits and terms. Bring your expertise to a respected insurance provider in Durban.

Responsibilities

• Conduct risk assessments and develop personalized insurance solutions.
• Communicate underwriting decisions clearly to clients and agents.
• Utilize underwriting software to evaluate industry risks.
• Participate in team reviews to improve underwriting processes.
• Assist in training junior underwriters on best practices.
• Prepare reports on underwriting performance and trends.
• Engage in client meetings to discuss coverage options and clarify policies.

Requirements

Education

• Bachelor's degree in Finance, Business Administration or related field

Experience

• 3-5 years of experience in underwriting or related field

Technical Skills

• Risk Assessment
• Policy Analysis

Soft Skills

• Attention to Detail
• Communication Skills

Certifications

• Associate in Commercial Underwriting (ACU)
• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent

Advantageous

• Familiarity with South African insurance legislation: Incorporate knowledge of local regulations affecting insurance decisions.
• Advanced Excel and data modeling skills: Ability to create complex spreadsheets for risk analysis and reporting.

Benefits

• Attractive salary package with bonuses
• Health and wellness programs
• Employee assistance programs
• Flexible working conditions

Company Culture

• Innovation: We prioritize creative solutions and exploration of new ideas in our underwriting processes.
• Learning and Development: We encourage continuous learning and provide training resources for our employees to excel in their roles.
• Diversity and Inclusiveness: We promote a diverse workplace that values different perspectives and experiences.