Insurance Underwriter

Job Description

As an Insurance Underwriter, you will evaluate insurance applications, assess risks, and determine appropriate coverage options. We are seeking a detail-oriented professional to join our dedicated team in Durban. The ideal candidate should possess a strong analytical mindset and excellent communication skills, with a focus on delivering exceptional service to our clients.

Responsibilities

• Review and analyse insurance proposals to determine eligibility.
• Work closely with sales teams to ensure client requirements are met.
• Identify key risk factors and recommend policy terms accordingly.
• Ensure documentation is accurately completed and maintained.
• Provide support for claims processing as needed.
• Engage in continuous education and professional development.
• Collaborate with other departments to improve underwriting standards.
• Trend and report on underwriting performance and results.
• Assist in creating new insurance products based on market needs.
• Respond to inquiries from clients and stakeholders.

Requirements

Education

• Bachelor's degree in Business Administration or related field
• Professional certification in Insurance preferred

Experience

• 4+ years in underwriting or related roles

Technical Skills

• Financial Analysis
• Policy Evaluation

Soft Skills

• Problem-Solving
• Negotiation

Certifications

• Associate in Underwriting (AU)
• Chartered Insurance Institute Certification

Languages

• English: Fluent
• Zulu: Intermediate

Advantageous

• Advanced Excel Skills: Ability to use advanced Excel functions for data analysis.
• Project Management Experience: Experience leading projects related to underwriting.

Benefits

• Market-related salary with benefits package
• Health, dental, and vision coverage
• Sabbatical leave options
• Professional development opportunities

Company Culture

• Innovative Environment: Our culture is rooted in innovation, encouraging out-of-the-box thinking.
• Employee Well-being: We prioritize the well-being of our team, offering wellness programs and support.
• Open Communication: We maintain an open-door policy to ensure every employee can speak freely.