Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to assess risk and determine coverage amounts. The ideal candidate will evaluate applications, analyze financial data, and ensure compliance with underwriting guidelines. Join our team in Pretoria for an exciting opportunity in the insurance sector.

Responsibilities

• Conduct thorough risk assessments for all insurance applications.
• Communicate with agents to clarify details and provide updates.
• Review financial statements and credit reports to inform decisions.
• Use underwriting software to input and analyze data efficiently.
• Prepare documentation for underwriting decisions and policy approvals.
• Participate in team meetings to discuss underwriting strategies.
• Assist in training junior underwriters and new team members.
• Regularly communicate with management regarding underwriting performance.

Requirements

Education

• Bachelor's degree in Actuarial Science or related field
• Diploma in Insurance is preferred

Experience

• 4+ years in underwriting with a focus on risk management

Technical Skills

• Data Analysis Tools (Excel, etc.)
• Regulatory Knowledge

Soft Skills

• Organizational Skills
• Negotiation

Certifications

• Insurance Certification Course
• Risk Management Certification

Languages

• English: Fluent
• Zulu: Basic

Advantageous

• Understanding of South African Insurance Regulations: Knowledge of local compliance and insurance laws.
• Customer Relationship Management Skills: Experience in managing client relationships and enhancing customer satisfaction.

Benefits

• Comprehensive health insurance
• Generous retirement contributions
• Work-from-home options available
• Ongoing professional development and training

Company Culture

• Inclusiveness: Our workplace fosters diversity and inclusiveness, encouraging all to be their authentic selves.
• Community Focus: We engage in community service and support local initiatives.
• Innovation-Driven: Our commitment to innovation ensures we stay ahead of market trends.