Insurance Underwriter

Durban FULL TIME R25,000 - R40,000 / Month
(R300,000 - R480,000 / Year)

Job Description

As an Insurance Underwriter, you'll play a key role in evaluating insurance proposals and risks, making decisions on acceptability, and determining premium rates. This position requires strong judgment and industry knowledge.

Responsibilities

  • Conduct regular reviews of existing policies to determine renewals.
  • Work closely with claims department to analyze trends.
  • Assist in developing new insurance products based on market demand.
  • Provide mentorship to junior underwriting staff.

Requirements

Education
  • Relevant qualifications in Insurance or Risk Management
  • Postgraduate qualification advantageous
Experience
  • 5+ years in insurance underwriting or related roles
Technical Skills
  • Financial Acumen
  • Technical Underwriting Software
Soft Skills
  • Negotiation
  • Problem Solving
Certifications
  • Fellow of the Chartered Insurance Institute (FCII)
  • Certificate in Insurance Risk Management
Languages
  • English: Fluent

Advantageous

  • Ability to mentor junior underwriters.: Previous experience conducting training sessions for new staff.
  • Strong network within the insurance industry.: Established connections with industry professionals to leverage for risk assessment.

Benefits

  • Comprehensive medical insurance.
  • Retirement savings plan with employer contribution.
  • Flexible work environment promoting work-life balance.
  • Professional development opportunities and educational assistance.

Company Culture

  • Continuous Learning: We support professional growth and continuous improvement through varied training opportunities.
  • Employee Recognition: We recognise outstanding performance and contributions, celebrating our team's achievements.
  • Work-Life Balance: Our company promotes a flexible work-life balance, acknowledging the importance of personal well-being.
Status: Open