Insurance Underwriter

Durban FULL TIME R25,000 - R41,667 / Month
(R300,000 - R500,000 / Year)

Job Description

Exciting opportunity for an Insurance Underwriter to join our dynamic organization. You will be responsible for analyzing applications, making coverage decisions, and managing policy renewals. The ideal candidate will have a strong understanding of risk assessment and excellent organizational skills. If you are looking to advance your career within a collaborative team, we want to hear from you!

Responsibilities

  • Analyze applications for comprehensive risk assessment.
  • Provide recommendations for risk mitigation.
  • Participate in the development of underwriting guidelines.
  • Prepare reports on underwriting activities and results.
  • Mentor junior underwriters and provide training when necessary.

Requirements

Education
  • Bachelor's degree in Finance, Business Administration, or related field
  • Professional underwriting certification is an advantage
Experience
  • 3+ years of experience in underwriting or related fields
Technical Skills
  • Risk Assessment
  • Decision Making
  • Analytical Skills
Soft Skills
  • Communication
  • Teamwork
  • Attention to Detail
Certifications
  • Chartered Property Casualty Underwriter (CPCU)
  • Fellow of the Chartered Insurance Institute (FCII)
Languages
  • English: Fluent

Advantageous

  • Experience in a commercial underwriting role: Prior experience in commercial insurance underwriting is an advantage.
  • Familiarity with South African insurance regulations: Knowledge of local laws and regulations governing insurance practices.

Benefits

  • Medical Aid and pension fund contributions
  • Annual bonus based on performance
  • Paid time off including public holidays
  • Opportunities for professional development

Company Culture

  • Supportive Environment: We maintain a nurturing workplace that promotes collaboration and growth.
  • Diversity and Inclusion: We embrace all backgrounds and perspectives, fostering an inclusive workplace.
  • Continuous Learning: We encourage professional development and continuous skill enhancement.
Status: Open