Insurance Underwriter

Cape Town FULL TIME R35,000 - R45,000 / Month
(R420,000 - R540,000 / Year)

Job Description

We are looking for an organized and detail-oriented Insurance Underwriter to assess and evaluate insurance applications. You will play a crucial role in determining policy eligibility, suitability, and premiums for our clients. The ideal candidate will have experience in underwriting and a deep understanding of the insurance market.

Responsibilities

  • Conduct thorough risk assessments for policy applications.
  • Partner with brokers to enhance understanding of client requirements.
  • Establish and maintain relationships with clients to support retention.
  • Regularly review and update underwriting guidelines.
  • Participate in training sessions and workshops to improve skillset.
  • Provide recommendations for improving underwriting procedures.
  • Maintain an understanding of market trends and competitors.

Requirements

Education
  • Bachelor's degree in Business Administration or a related field
  • Master's degree is a plus
Experience
  • 5+ years of experience in insurance or underwriting
Technical Skills
  • Policy Evaluation
  • Claims Processing
Soft Skills
  • Negotiation Skills
  • Detail-oriented
Certifications
  • Accredited Advisor in Insurance (AAI)
  • Fellow, Life Management Institute (FLMI)
Languages
  • English: Fluent

Advantageous

  • Experience in commercial underwriting: Understanding of commercial insurance products and risk management.
  • Proficiency in data analysis tools: Ability to analyze data trends related to risk assessment.

Benefits

  • Attractive remuneration package
  • Health insurance coverage
  • Flexible working hours
  • Access to continuous training and development programs

Company Culture

  • Innovation and Improvement: We encourage our workforce to innovate and continuously improve processes.
  • Respect and Integrity: Our culture fosters respect for others and integrity in all actions.
  • Work-Life Balance: We believe in enabling our employees to balance their personal and professional lives.
Status: Open