Underwriter

Pietermaritzburg FULL TIME R40,000 - R50,000 / Month
(R480,000 - R600,000 / Year)

Job Description

As an Underwriter, you will play a vital role in assessing financial risks related to insurance applications. Your responsibilities will include conducting thorough assessments to determine appropriate coverage levels. Strong analytical skills and the ability to make sound judgments are essential to success in this role.

Responsibilities

  • Conduct risk analysis and provide insight into underwriting decisions.
  • Work closely with the sales team to support client relationships.
  • Prepare and present risk assessments to management.
  • Develop and implement underwriting guidelines and policies.
  • Participate in claims reviews and assess risk exposure.
  • Provide training and support to junior underwriting staff.

Requirements

Education
  • Bachelor's degree in Finance, Economics, or a related field
  • Insurance qualifications (e.g., AFA, ACII) preferred
Experience
  • 3-5 years of underwriting experience
Technical Skills
  • Risk Assessment
  • Analytical Skills
Soft Skills
  • Communication
  • Attention to Detail
Languages
  • English: Fluent
  • Afrikaans: Basic

Advantageous

  • Familiarity with underwriting software: Experience using industry-standard underwriting software.
  • Knowledge of regulatory compliance: Understanding of compliance issues related to the insurance sector.

Benefits

  • Competitive salary package
  • Health and wellness programmes
  • Retirement savings plan
  • Continuous professional development opportunities

Company Culture

  • Team Orientation: We promote a strong team culture where collaboration and support are key.
  • Growth and Development: We are committed to continuous learning and personal development.
  • Integrity: Operating with honesty and integrity is core to our values.
Status: Closed