Insurance Underwriter

Cape Town FULL TIME R25,000 - R33,333 / Month
(R300,000 - R400,000 / Year)

Job Description

We are seeking a meticulous Insurance Underwriter to analyze insurance applications and assess risk for our clients. You will evaluate financial information and make recommendations on coverage options to ensure that clients have the right policies.

Responsibilities

  • Evaluate clients' financial information to support decision-making on risk exposure.
  • Provide feedback and recommendations to clients based on risk assessments.
  • Collaborate with risk managers to develop effective underwriting practices.
  • Maintain accurate records of underwriting data and decisions.
  • Participate in continuous professional development and training sessions.

Requirements

Education
  • Bachelor's degree in Risk Management or related field
  • Postgraduate qualification in Insurance is advantageous
Experience
  • 5+ years of comprehensive experience in insurance underwriting
Technical Skills
  • Underwriting Software Proficiency
  • Data Analysis Tools
Soft Skills
  • Negotiation Skills
  • Problem-solving
Certifications
  • Associate in Risk Management (ARM)
  • Fellow of the Casualty Actuarial Society (FCAS)
Languages
  • English: Fluent

Advantageous

  • Experience with regulatory compliance: Knowledge of local and national insurance regulations.
  • Familiarity with risk management tools: Experience using software tools for evaluating risks and claims.

Benefits

  • Competitive salary and performance bonuses
  • Health, dental, and vision benefits
  • Retirement plans with company matching
  • Opportunities for professional development and training

Company Culture

  • Team-oriented Environment: We promote teamwork and collaboration across all departments.
  • Continuous Improvement: A culture of continuous learning and improvement is key to our success.
  • Diverse Workforce: We value diversity and inclusion, encouraging unique perspectives and experiences.
Status: Open