Insurance Underwriter

Cape Town FULL TIME R25,000 - R33,333 / Month
(R300,000 - R400,000 / Year)

Job Description

We are seeking an Insurance Underwriter with a knack for numbers and an eye for risk assessment. In this role, you will review submissions, determine acceptability, and set policy conditions. Strong communication skills and the ability to work as part of a team are essential for success in this position.

Responsibilities

  • Assess risks for new policies and renewals to determine coverage terms.
  • Support claims department with underwriting expertise as needed.
  • Prepare reports and analyses of underwriting results and trends.
  • Advise on technical issues relating to underwriting best practices.
  • Work with cross-functional teams to implement improvements in underwriting processes.
  • Participate in training and development programs within the underwriting department.

Requirements

Education
  • Bachelor's degree in Finance, Business Administration, or related field
  • Professional certification (CPCU, AU, etc.) is preferred
Experience
  • 3+ years of experience in underwriting or risk assessment
Technical Skills
  • Risk Assessment
  • Analytical Thinking
  • Regulatory Knowledge
Soft Skills
  • Attention to Detail
  • Communication
Certifications
  • CPCU (Chartered Property Casualty Underwriter)
  • AU (Associate in Underwriting)
Languages
  • English: Fluent

Advantageous

  • Familiarity with underwriting software and tools: Experience using underwriting management systems and tools for enhancing efficiency.
  • Knowledge of financial analysis and modeling: Ability to perform financial assessments to support underwriting decisions.

Benefits

  • Comprehensive health and wellness benefits
  • Generous retirement plan with employer contributions
  • Opportunities for career development and continuous learning
  • Flexible working options

Company Culture

  • Team-oriented: We place great emphasis on teamwork, fostering an environment of collaboration and support.
  • Innovation driven: We encourage innovative thinking and solutions for our clients' needs.
  • Diversity and Inclusion: We value diversity and strive for inclusivity within our workforce.
Status: Open