Insurance Underwriter

Job Description

Join our Johannesburg office as an Insurance Underwriter, where you will play a key role in assessing and managing risk for our clients. You will analyze insurance applications, collaborate with agents, and prepare reports to support our underwriting decisions.

Responsibilities

• Conduct thorough evaluations of insurance applications to establish risk levels.
• Develop and implement underwriting policies and procedures.
• Communicate underwriting decisions to agents and clients effectively.
• Maintain accurate records of underwriting decisions and risk assessments.
• Assist in training junior underwriting staff and interns.
• Participate in developing insurance products and pricing strategies.
• Analyze market trends and competitor offerings to refine underwriting approaches.
• Promote a culture of continuous improvement in underwriting practices.

Requirements

Education

• Bachelor's degree in Business Administration or related field
• Professional qualification in Insurance is a plus

Experience

• 5+ years of experience in underwriting or insurance-related roles

Technical Skills

• Data Analysis
• Policy Development

Soft Skills

• Problem-Solving
• Negotiation

Certifications

• Chartered Insurance Institute (CII) Certification

Languages

• English: Fluent
• Zulu: Conversational

Advantageous

• Experience with insurance software platforms: Proficiency in using underwriting software to streamline processes.
• Understanding of emerging insurance technologies: Knowledge of InsurTech trends that can affect underwriting practices.

Benefits

• Full medical aid coverage
• Flexible working hours and leave arrangements
• Employee wellness programs
• Tuition reimbursement for further studies

Company Culture

• Continuous Improvement: We are committed to continual learning and professional growth.
• Diversity: Our workplace is inclusive and respects individual differences.
• Employee Empowerment: We empower our employees to take ownership of their roles and decisions.