Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our team in Durban. This role requires a solid understanding of risk assessment, underwriting standards, and a commitment to delivering exceptional service to our clients. The ideal candidate will be responsible for evaluating insurance applications, determining coverage eligibility, and assisting clients in understanding their policies.

Responsibilities

• Review insurance claims to determine their validity and compliance with policy terms.
• Work with the legal and compliance team to ensure adherence to industry regulations.
• Assist in developing underwriting policies and procedures.
• Participate in pricing strategy discussions to optimize competitiveness.

Requirements

Education

• Bachelor's degree in Risk Management, Finance, or related field
• Master's degree preferred

Experience

• 5+ years of experience in insurance underwriting or relevant experience

Technical Skills

• Data Analysis
• Policy Knowledge

Soft Skills

• Negotiation Skills
• Interpersonal Skills

Certifications

• Certified Insurance Underwriter (CIU)
• Associate in Risk Management (ARM)

Languages

• English: Fluent

Advantageous

• Familiarity with actuarial analysis: Basic understanding of actuarial science and its application in underwriting.
• Experience in customer service roles: Previous roles in customer support or service delivery environments.

Benefits

• Comprehensive employee benefits including health and retirement plans
• Professional development opportunities
• Work-life balance initiatives
• Team-building events and activities

Company Culture

• Continuous Improvement: We support ongoing learning and development, encouraging our team to enhance their skills.
• Inclusivity: Our diverse workforce is embraced, and every voice is respected.
• Work-Life Balance: We promote a healthy balance between personal and professional life.