Insurance Underwriter

Job Description

As an Insurance Underwriter, you will be tasked with underwriting and evaluating insurance risks by analyzing financial documents and determining the appropriate premiums for applicants. Strong negotiation and communication skills are vital.

Responsibilities

• Analyze data to prepare risk evaluations.
• Assist in developing underwriting guidelines.
• Monitor compliance with internal guidelines and regulatory standards.
• Make recommendations to improve underwriting efficiency.
• Implement new software tools to enhance underwriting processes.
• Train junior underwriters on underwriting practices.
• Attend industry conferences and workshops to stay informed.
• Respond to claims and assist in the decision-making process.

Requirements

Education

• Bachelor's degree in Actuarial Science or related field
• Completion of CII certifications is preferred

Experience

• 5+ years of experience in a similar role

Technical Skills

• Data Interpretation
• Policy Knowledge

Soft Skills

• Negotiation Skills
• Problem-solving

Certifications

• ISO Certified Quality Management System
• Metrics and Quality Improvement Certification

Languages

• Zulu: Conversational
• English: Fluent

Advantageous

• Experience in Risk Management: Background in managing and mitigating risks in underwriting.
• Understanding of Market Trends: Awareness of current market dynamics affecting underwriting practices.

Benefits

• Comprehensive health insurance
• Pension fund with employer match
• Employee training programs
• Work-life balance initiatives

Company Culture

• Work-Life Balance: We nurture a healthy work-life balance and respect personal time.
• Innovation: We encourage innovative thinking and welcome new ideas from our team.
• Inclusivity: We celebrate diversity and are committed to an inclusive workplace.