Insurance Underwriter

Job Description

As an Insurance Underwriter at Premier Insurance in Cape Town, you will play a critical role in managing risk and underwriting applications. The ideal candidate will demonstrate strong negotiation skills and have the ability to interpret complex insurance documents. This role promises opportunities for continuous learning and growth within the insurance sector.

Responsibilities

• Analyze risk factors and set pricing terms for new applicants.
• Utilize analytical skills to review data and draw insightful conclusions.
• Attend client meetings and contribute with underwriting expertise.
• Mentor junior underwriters and assist in their professional development.
• Conduct audits of existing policies to ensure compliance and accuracy.
• Assist in developing underwriting guidelines and procedures.
• Stay informed on industry advancements and technology implementation.

Requirements

Education

• Bachelor's degree in Economics or Insurance

Experience

• At least 5 years of experience in underwriting and risk management

Technical Skills

• Insurance Software Proficiency
• Financial Analysis

Soft Skills

• Negotiation Skills
• Team Collaboration

Certifications

• Insurance and Risk Management Certification

Languages

• English: Fluent

Advantageous

• Understanding of investment strategies: Ability to analyze investment strategies and their impact on risk assessments.
• Proficiency in advanced Excel: Expertise in using Excel for complex data analysis.

Benefits

• Excellent health and wellness benefits
• Retirement savings plan with employer contributions
• Generous leave policies including paid time off and holidays
• Commitment to employee growth and mentorship programs

Company Culture

• Innovation: We encourage innovative thinking to improve our services and efficiency.
• Supportive Environment: We provide a supportive environment with access to resources for personal and professional growth.
• Focus on Ethics: We prioritize integrity and ethical standards in all our business practices.