Insurance Underwriter

Durban FULL TIME R30,000 - R50,000 / Month
(R360,000 - R600,000 / Year)

Job Description

As an Insurance Underwriter with us, you'll play a crucial role in our company's growth. You will assess the risk involved in insuring clients and apply that knowledge to help shape policies that meet client needs, considering market trends and client demands. Communication with various stakeholders will be key to your success.

Responsibilities

  • Evaluate and price new insurance policies based on risk analysis.
  • Conduct market research to maintain competitiveness in pricing.
  • Communicate with clients regarding policy details and requirements.
  • Collaborate with the claims department to resolve policy disputes.
  • Keep accurate records of underwriting decisions and rationales.

Requirements

Education
  • Bachelor's degree in Finance, Business, or a related field
  • Professional certification is advantageous
Experience
  • 3+ years of experience in underwriting or related fields
Technical Skills
  • Risk Assessment
  • Analytical Skills
Soft Skills
  • Communication
  • Attention to Detail
Certifications
  • Chartered Insurance Institute (CII)
  • Certified Insurance Underwriter (CIU)
Languages
  • English: Fluent

Advantageous

  • Experience with underwriting software: Familiarity with tools like Guidewire and other underwriting platforms.
  • Knowledge of local insurance regulations: Awareness of current laws and regulations within the insurance sector.

Benefits

  • Competitive salary and performance bonuses
  • Medical, dental, and retirement plans
  • Flexible working hours
  • Opportunities for professional development

Company Culture

  • Teamwork and Collaboration: We believe in the power of collaboration to achieve excellence.
  • Growth and Development: We invest in our employees' continuous growth and skill development.
  • Empowerment: We empower our staff to take initiative and lead projects.
Status: Closed