Insurance Underwriter

Job Description

We are looking for an analytical and detail-oriented Insurance Underwriter to assess applications for different insurance policies. You will analyze applicants' information to determine eligibility and set fair premiums.

Responsibilities

• Evaluate applications to identify applicable underwriting guidelines.
• Utilize analytical skills to assess risks and establish premium rates.
• Consult with clients to gather necessary information for evaluations.
• Participate in meeting teams to address and mitigate underwriting challenges.
• Track market trends to stay competitive and review policy offerings.
• Document findings and consistently re-evaluate risk levels accurately.
• Respond to inquiries from agents and provide underwriting assistance.
• Maintain effective communication with all stakeholders involved.

Requirements

Education

• Bachelor's degree in Finance, Economics, or a related field
• Professional underwriting certification is preferred

Experience

• 3+ years of experience in underwriting or a related field

Technical Skills

• Risk Assessment
• Analytical Tools
• Policy Knowledge

Soft Skills

• Communication
• Negotiation

Languages

• English: Fluent

Advantageous

• Fluency in another language (e.g. Afrikaans or Zulu): Ability to interact with a diverse clientele.
• Experience in commercial underwriting: Prior experience in underwriting commercial insurance policies is advantageous.

Benefits

• Comprehensive health insurance
• Retirement savings plan with employer contributions
• Work-life balance initiatives such as remote work options
• Continuous training and growth opportunities

Company Culture

• Innovation: We embrace new ideas and transform them into effective solutions for our clients.
• Community Engagement: Actively participating in community initiatives and giving back is part of our mission.
• Team Spirit: We foster a strong sense of community among teammates, which helps boost morale and productivity.