Insurance Underwriter

Job Description

We are seeking a skilled Insurance Underwriter to join our dynamic underwriting team in Pretoria. The successful candidate will be responsible for assessing risks, evaluating insurance applications, and determining appropriate coverage levels. This role requires a keen analytical mind and the ability to communicate effectively with clients and colleagues.

Responsibilities

• Assess risks based on clients' applications and financial information.
• Set premium rates based on analysis of risk factors and actuarial data.
• Work closely with agents to gather necessary information for underwriting.
• Provide training and support to junior underwriting staff.
• Prepare reports on underwriting performance and trends.
• Assist in developing new insurance products by providing insights on risk evaluation.

Requirements

Education

• Bachelor's degree in Finance, Business, or related field
• Professional certification in underwriting is a plus

Experience

• 2-4 years of experience in underwriting or a related field

Technical Skills

• Risk assessment
• Analytical skills

Soft Skills

• Communication
• Attention to detail

Certifications

• Chartered Property Casualty Underwriter (CPCU)
• Associate in Commercial Underwriting (ACU)

Languages

• English: Fluent

Advantageous

• Experience with underwriting software: Familiarity with tools like RiskInsight and Underwriting Assistant.
• Knowledge of South African insurance regulations: Understanding of local laws governing insurance practices.

Benefits

• Comprehensive health insurance
• Retirement savings plan with employer match
• Paid time off and public holidays
• Continuous professional development opportunities

Company Culture

• Team Collaboration: We promote a team-oriented culture where everyone's contributions are valued.
• Integrity: We operate with transparency and uphold ethical standards in all our dealings.
• Innovation: We encourage innovative thinking and continuous improvement in our processes.