Insurance Underwriter

Cape Town FULL TIME R30,000 - R40,000 / Month
(R360,000 - R480,000 / Year)

Job Description

We seek a meticulous Insurance Underwriter who will evaluate insurance applications and assess risks to determine appropriate coverage. The ideal candidate will collaborate with clients and agents to gather necessary information, analyze risks, and make informed decisions on policy issuance.

Responsibilities

  • Analyze demographic data and claim history to identify trends and patterns.
  • Prepare documentation for policy renewals and alterations in coverage.
  • Collaborate with actuaries to establish risk assessment models.
  • Review and approve endorsements and changes to existing policies.
  • Support clients by providing educational resources on risk management.

Requirements

Education
  • Bachelor's degree in Insurance or Finance
  • Advanced studies in underwriting preferred
Experience
  • 5+ years of relevant underwriting experience
Technical Skills
  • Data Analysis
  • Insurance Regulations Knowledge
Soft Skills
  • Negotiation Skills
  • Teamwork and Collaboration
Certifications
  • Chartered Property Casualty Underwriter (CPCU)
  • Associate in Commercial Underwriting (ACU)
Languages
  • English: Fluent

Advantageous

  • Familiarity with Regulatory Compliance Systems: Understanding of systems for monitoring regulatory compliance in underwriting.
  • Experience with CRM Software: Hands-on experience with customer relationship management tools to track client engagements.

Benefits

  • Market-aligned salary with performance bonuses
  • Health and wellness programs
  • Flexible work hours to ensure balance
  • Company-sponsored professional development

Company Culture

  • Collaborative Environment: We pride ourselves on teamwork and collaboration across departments.
  • Innovation: We encourage innovative thinking and new ideas to drive our success.
  • Diversity and Inclusion: Our team is diverse and inclusive, creating a rich environment for all.
Status: Open