Insurance Underwriter

Job Description

The Insurance Underwriter will assess and analyze insurance applications, evaluate risks, and determine coverage terms for clients, ensuring compliance with company standards.

Responsibilities

• Conduct risk assessments and make recommendations for coverage options.
• Facilitate communication between clients and company departments.
• Evaluate ongoing risk exposure in existing policies.
• Support sales and marketing teams with underwriting insights.
• Maintain accurate records of underwriting activities.

Requirements

Education

• Bachelor's degree in a relevant field or equivalent experience
• Postgraduate qualifications in finance or risk management are advantageous.

Experience

• 4-6 years of experience in the insurance sector, preferably in underwriting.

Technical Skills

• Policy Interpretation
• Financial Acumen

Soft Skills

• Negotiation Skills
• Interpersonal Skills

Certifications

• FIA (Financial Intermediaries Association) Certification

Languages

• English: Fluent

Advantageous

• Experience with CRM systems: Familiarity with Customer Relationship Management tools for managing client interactions.
• Strong negotiation skills: Ability to discuss and propose terms effectively with clients.

Benefits

• Generous retirement savings plan with employer contributions
• Health and wellness programs
• Flexible working hours
• Supportive work environment with team-building activities

Company Culture

• Innovation: We encourage our team to innovate, think creatively, and contribute unique ideas.
• Work-Life Balance: We support a healthy work-life balance to ensure our employees' well-being.
• Recognition: We recognize and reward contributions that enhance our company culture and performance.