Insurance Underwriter

Job Description

Join our team in Cape Town as an Insurance Underwriter where you will play a key role in the insurance process. You will assess client applications, evaluate risks, and determine suitable premiums. This position requires strong communication and analytical skills to effectively liaise with agents and clients, ensuring the best coverage options are provided.

Responsibilities

• Conduct detailed risk assessments for new and renewal policies.
• Interface with clients and agents to discuss coverage options.
• Track industry trends to enhance underwriting guidelines.
• Document underwriting decisions and maintain accurate records.
• Participate in team meetings to discuss best practices.

Requirements

Education

• Bachelor's degree in Business Administration or related field
• Professional designations in underwriting preferred

Experience

• 5+ years of experience in insurance underwriting or related fields

Technical Skills

• Financial Acumen
• Policy Development

Soft Skills

• Negotiation
• Problem-solving

Certifications

• Professional Risk Manager (PRM)
• Insurance Institute of South Africa (IISA) qualifications

Languages

• English: Fluent

Advantageous

• Leadership experience in underwriting teams: Experience leading or mentoring junior underwriters.
• Familiarity with reinsurance processes: Understanding how reinsurance affects underwriting decisions.

Benefits

• Extensive health insurance options
• Generous personal leave and vacation days
• Support for continuous learning and certifications
• Flexible working arrangements

Company Culture

• Innovative Thinking: We encourage forward-thinking and innovative problem-solving across all roles.
• Work-Life Balance: We understand the importance of balancing professional and personal lives.
• Community Engagement: We actively participate in community initiatives and support local causes.