Underwriter

Job Description

As an Underwriter at our Durban office, you will play an essential role in our operations by evaluating and approving insurance applications. Your analytical skills will be key in determining policy terms and premiums, ensuring that our clients are appropriately covered while maintaining the financial security of our company. If you thrive in a fast-paced environment and have a passion for risk management, we want to hear from you.

Responsibilities

• Conduct detailed analysis of applications for liability, property insurance, and more.
• Identify risk factors that warrant a higher premium or specialized coverage.
• Ensure compliance with statutory and company policies in all underwriting decisions.
• Advise management on pricing strategies to optimize profitability.
• Assist in developing and refining underwriting guidelines and risk appetite.
• Collaborate with technical teams to implement underwriting technology solutions.

Requirements

Education

• Bachelor's degree in Risk Management or related field
• Further qualifications in insurance management are advantageous

Experience

• 4+ years of underwriting experience focused on property and casualty insurance

Technical Skills

• Policy Development
• Claims Assessment

Soft Skills

• Negotiation Skills
• Teamwork

Certifications

• Insurance Institute of South Africa (IISA) Certification
• Crisis Management Certification

Languages

• English: Fluent

Advantageous

• Experience in emerging risks and industry developments: Up-to-date knowledge of trends impacting insurance and underwriting.
• Strong networking capabilities: Ability to build relationships with industry stakeholders and regulators.

Benefits

• Generous paid time off and public holidays
• Training and development opportunities
• Employee assistance programs for personal wellbeing
• Flexible working hours and remote work option

Company Culture

• Empowerment: We empower our employees to take ownership of their work and promote professional growth.
• Customer Centric: Our clients are at the forefront of our decisions; we strive to exceed their expectations.
• Inclusivity: We believe in a diverse workforce where everyone's contributions are valued.