Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter in Durban, where you will play a pivotal role in evaluating and underwriting insurance applications. Your judgment will influence coverage decisions and help sustain our company's integrity in the insurance field. Strong analytical skills are essential as you navigate complex client specifications and market conditions.

Responsibilities

• Confirm the suitability of underwriting standards and procedures.
• Utilize software tools for administrative tasks related to underwriting.
• Negotiate terms with clients based on risk assessments.
• Respond to questions from clients regarding the underwriting process.
• Identify opportunities for process improvements and efficiency gains.

Requirements

Education

• Bachelor's degree in Finance or related discipline
• AAI or similar designations advantageous

Experience

• 4+ years of underwriting experience

Technical Skills

• Policy Management Software
• Market Research

Soft Skills

• Effective Communication
• Problem Solving

Certifications

• Registered Insurance Underwriter (RUI)
• Insurance Risk Management Certification

Languages

• English: Fluent

Advantageous

• Familiarity with actuarial concepts: Understanding of actuarial principles that influence underwriting decisions.
• Experience with claims processing: Background knowledge in claims handling adds value to underwriting decisions.

Benefits

• Comprehensive healthcare plans
• Pension plan with company contributions
• Flexible working arrangements
• Employee recognition programs

Company Culture

• Innovation: Creativity is at the heart of our operations, inspiring new ideas and solutions.
• Diversity and Inclusion: We are committed to fostering an inclusive environment that celebrates all backgrounds.
• Continuous Improvement: We value ongoing learning and strive to enhance our processes continually.