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

  • Assess risks by conducting thorough reviews of applications and supporting documents.
  • Work closely with agents to clarify underwriting requirements and resolve issues.
  • Create reports summarizing underwriting decisions and risk assessments.
  • Stay updated on market trends to inform underwriting strategies.
  • Support the team in developing optimized pricing strategies to meet client needs.

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

  • Proficient in advanced Excel: Ability to use Excel for complex data analysis and reporting.
  • Experience in claims processing: Hands-on ability to interpret data and processes related to insurance claims.

Benefits

  • Comprehensive health insurance
  • Annual performance bonuses based on personal and company performance
  • Flexible working hours
  • Employee wellness initiatives and programs

Company Culture

  • Innovative Approaches: Our focus on innovation drives the solutions we offer to clients.
  • Employee Recognition: Your contributions matter; we actively recognize and reward our team members.
  • Work-Life Balance: We support our employees in maintaining a healthy work-life balance.
Status: Open