Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our team in Durban. You will assess risks and determine policy terms to ensure profitable underwriting decisions. The ideal candidate has strong analytical skills and a solid understanding of the insurance industry.

Responsibilities

• Conduct thorough risk assessments for various insurance products.
• Collaborate with other departments to enhance the underwriting process.
• Evaluate claims data and portfolio performance to improve underwriting criteria.
• Optimize pricing structures based on market trends and risk assessments.
• Assist in developing training materials for new underwriters.
• Maintain compliance with industry regulations and internal policies.
• Foster relationships with clients to improve customer satisfaction.

Requirements

Education

• Bachelor's degree in Economics, Business or related field
• Postgraduate qualification in Insurance Management is ideal

Experience

• 3 to 5 years of underwriting experience preferred

Technical Skills

• Insurance Software Proficiency
• Data Interpretation

Soft Skills

• Negotiation
• Detail-oriented

Certifications

• Insurance Institute of South Africa certification
• Advanced Risk Management certification

Languages

• English: Fluent

Advantageous

• Experience in claims adjusting: Background in claims adjusting to enhance underwriting capabilities.
• Networking within the insurance industry: Strong professional network within the insurance community.

Benefits

• Attractive remuneration package
• Health and wellness programs
• Performance incentives and bonuses
• Inclusive company culture with various team-building events
• Access to resources for ongoing education and training

Company Culture

• Customer Focus: We prioritize our customers' needs in all our decisions, ensuring excellent service delivery.
• Innovation: We embrace innovation and creativity, enabling us to stay ahead in the competitive insurance market.
• Respect and Inclusion: Our workplace values respect and inclusion, empowering every individual to contribute fully.