Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter in Pretoria, where you will assess risks associated with insurance applications. You will play an essential role in pricing policies correctly and ensuring compliance with industry standards. This position suits someone detail-oriented and focused on delivering excellent customer service while managing risks effectively.

Responsibilities

• Review and analyze data from clients' applications to determine eligibility and risk factors.
• Make informed decisions on underwriting guidelines and premium rates.
• Prepare documentation for approval of complex policies.
• Engage with clients to clarify underwriting requirements and gather additional information when needed.
• Monitor and analyze ongoing coverage to ensure policies remain current with risk exposure.
• Document and maintain underwriting files in compliance with company protocols.
• Stay updated on changes in policies, regulations, and market trends affecting underwriting.

Requirements

Education

• Master’s degree in Business Administration or Insurance

Experience

• 5+ years of comprehensive underwriting experience

Technical Skills

• Financial Analysis
• Regulatory Compliance

Soft Skills

• Negotiation
• Problem Solving

Certifications

• CFA (Chartered Financial Analyst)
• CPCU (Chartered Property Casualty Underwriter)

Languages

• English: Fluent

Advantageous

• Knowledge of insurance regulations: In-depth understanding of local and international insurance regulations.
• Strong presentation skills: Ability to effectively present underwriting decisions and rationales to stakeholders.

Benefits

• Health and wellness programs
• Continuous training and learning opportunities
• Flexible work arrangements
• Employee recognition programs and rewards

Company Culture

• Inclusivity: We foster an inclusive environment where all employees can thrive and contribute.
• Collaboration: Teamwork and collaboration are at the heart of our operations, empowering us to achieve common goals.
• Continuous Improvement: We actively seek feedback and look for avenues to improve our processes and services.