Insurance Underwriter

Job Description

As an Insurance Underwriter, you will be responsible for reviewing insurance applications, determining risk levels, and setting appropriate coverage terms. This vital position requires you to ensure that all policies are aligned with our company's standards and client needs.

Responsibilities

• Analyze claims data and risk factors to properly price policies.
• Prepare underwriting reports and present findings to management.
• Support the training and development of junior underwriters.
• Implement best practices to improve efficiency and accuracy in underwriting.
• Adhere to compliance and regulatory requirements related to underwriting.
• Evaluate the impact of factors such as market conditions on the underwriting process.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or related field

Experience

• 3-5 years of experience in underwriting or related field

Technical Skills

• Risk Assessment
• Analytical Skills

Soft Skills

• Communication
• Problem-solving

Certifications

• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent

Advantageous

• Experience with underwriting software: Familiarity with industry-standard underwriting and risk assessment tools.
• Knowledge of the South African insurance market: In-depth understanding of local regulations and market conditions.

Benefits

• Comprehensive medical insurance coverage.
• Retirement savings plan with employer contributions.
• Flexible hours and work-from-home options.
• Professional development opportunities.

Company Culture

• Respect and Integrity: We prioritize a culture of respect and integrity in all our dealings.
• Innovation and Improvement: We embrace innovation and continuously seek to improve our processes.
• Collaboration: We encourage collaboration across teams to enhance performance.