Insurance Underwriter

Job Description

We are seeking a motivated Insurance Underwriter to join our Durban team. The successful candidate will assess risk, determine policy terms, and ensure compliance with regulations. This role is vital in safeguarding our clients' interests while promoting sound financial practices within the organization.

Responsibilities

• Analyze market trends and adjust underwriting strategies to meet client needs.
• Collaborate with claims department to assess risks related to ongoing claims.
• Ensure all underwriting processes align with company standards and procedures.
• Provide exceptional customer service through effective communication and problem-solving.
• Participate in training sessions to keep abreast of industry developments.

Requirements

Education

• Bachelor's degree in Business or Accounting
• Professional certification in underwriting is a plus

Experience

• 4+ years of experience in the insurance industry

Technical Skills

• Policy Development
• Regulatory Knowledge

Soft Skills

• Negotiation Skills
• Problem-Solving Abilities

Certifications

• Insurance Institute of South Africa (IISA)
• Certified Insurance Underwriter (CIU)

Languages

• English: Fluent

Advantageous

• Strong analytical skills: Ability to analyze complex information to make sound underwriting decisions.
• Previous experience in claims processing: Experience in understanding the claims process as part of effective risk evaluation.

Benefits

• Comprehensive health coverage
• Generous annual leave policy
• Opportunities for career advancement
• Company-sponsored training programs
• Retirement savings plan

Company Culture

• Innovation: We embrace innovative ideas and encourage employees to think creatively in their roles.
• Work-Life Balance: We promote a healthy work-life balance, allowing flexibility in scheduling as needed.
• Community Engagement: Our company is dedicated to community involvement and giving back to society.