Insurance Underwriter

Port Elizabeth FULL TIME R37,500 - R50,000 / Month
(R450,000 - R600,000 / Year)

Job Description

We are on the lookout for an experienced Insurance Underwriter to evaluate insurance applications, analyze risk, and approve coverage for clients. The ideal candidate will be adept at underwriting guidelines and possess strong analytical skills to make informed decisions.

Responsibilities

  • Analyze financial documents and information to ascertain liabilities.
  • Utilize underwriting software to assist in risk assessment.
  • Communicate underwriting decisions clearly and promptly to clients and brokers.
  • Monitor and review the performance of existing policies for necessary adjustments.
  • Maintain accurate records and documentation regarding the underwriting process.
  • Provide exceptional customer support post-application approval.

Requirements

Education
  • Bachelor's degree in Economics or related field
  • Postgraduate qualification is advantageous
Experience
  • 4-5 years of insurance underwriting experience preferred
Technical Skills
  • Financial Analysis
  • Claims Assessment
Soft Skills
  • Problem-solving
  • Attention to Detail
Certifications
  • Fellow of the Chartered Insurance Institute (FCII)
Languages
  • English: Fluent

Advantageous

  • Knowledge of Industry Software: Familiarity with underwriting and claims management software is advantageous.
  • Experience with Risk Assessment Tools: Experience utilizing risk assessment tools in previous roles.

Benefits

  • Competitive salary and performance bonuses
  • Health and wellness benefits
  • Retirement savings plan with employer contributions
  • Flexible working hours and support for work-life balance

Company Culture

  • Inclusivity: We foster an inclusive atmosphere where all ideas and perspectives are valued.
  • Professional Growth: Encouragement of career development through training and mentorship programs.
  • Innovation: A culture where fresh ideas are welcomed and rewarded, promoting creative solutions.
Status: Open