Underwriter

Durban FULL TIME R25,000 - R33,333 / Month
(R300,000 - R400,000 / Year)

Job Description

Insurance Solutions Ltd. is looking for a dedicated Underwriter to evaluate and approve insurance applications. The position requires robust analytical skills, the ability to minimize risk, and a proactive approach in customer interactions to enhance policyholder experiences.

Responsibilities

  • Review and analyze insurance proposals for completeness.
  • Collaborate with the underwriting team to set pricing strategies.
  • Utilize software tools for risk assessment and data analysis.
  • Handle client inquiries related to underwriting processes.
  • Suggest improvements to underwriting practices based on observations.
  • Assist in training junior underwriters on best practices.
  • Monitor underwritten policies for changes in risk profile.
  • Ensure efficient communication across all departments regarding underwriter decisions.

Requirements

Education
  • Bachelor's degree in Finance, Business, or related field
Experience
  • 2-4 years of experience in underwriting or related area
Technical Skills
  • Risk Assessment
  • Data Analysis
  • Insurance Regulations
Soft Skills
  • Communication
  • Analytical Thinking
  • Attention to Detail
Certifications
  • Certified Insurance Underwriter (CIU)
Languages
  • English: Fluent

Advantageous

  • Familiarity with underwriting software: Experience using industry-related software for underwriting processes.
  • Advanced Excel Skills: Proficiency in using Excel for data analytics and modeling.

Benefits

  • Competitive salary and performance bonuses
  • Comprehensive health benefits including dental and vision
  • Retirement savings plan with company matching
  • Opportunity for continuous professional development
  • Flexible work hours
  • Employee wellness programs

Company Culture

  • Team Collaboration: We emphasize strong teamwork and communication across departments to achieve shared goals.
  • Diversity and Inclusion: Our company fosters a diverse environment where all employees feel valued and included.
  • Professional Growth: We encourage our employees to pursue continuous learning and provide opportunities for professional development.
Status: Closed