Insurance Underwriter

Job Description

Join our Durban team as an Insurance Underwriter, where you will play a crucial role in assessing risks and determining appropriate insurance coverages for clients. The ideal applicant will possess strong analytical skills and prior experience in underwriting to ensure optimal decision-making.

Responsibilities

• Conduct thorough assessments of applicants' backgrounds and financial health.
• Decide on the acceptance and pricing of insurance policies.
• Utilize the latest technology and software in risk assessment.
• Work with claims adjusters on claims related to underwritten policies.
• Provide expert advice and guidance to clients regarding policy options.
• Participate in training and development programs to enhance underwriting skills.

Requirements

Education

• Bachelor's degree in Finance, Economics, or related field
• Further certification in underwriting preferred

Experience

• 3-5 years of experience in insurance underwriting

Technical Skills

• Risk Assessment
• Analytical Skills

Soft Skills

• Attention to Detail
• Effective Communication

Certifications

• Insurance Underwriting Certificate

Languages

• English: Fluent

Advantageous

• Familiarity with underwriting software and tools: Experience with databases and analytical software used in underwriting.
• Knowledge of regulatory and compliance issues: Awareness of South African insurance regulations and compliance standards.

Benefits

• Competitive salary package
• Health and wellness benefits
• Retirement fund contributions
• Ongoing professional development opportunities

Company Culture

• Supportive Environment: We promote a collaborative and supportive workplace culture.
• Continuous Improvement: We value ongoing training and skill development in our team.
• Diversity and Inclusion: We are committed to hiring people from various backgrounds and experiences.