Insurance Underwriter

Durban FULL TIME R37,500 - R50,000 / Month
(R450,000 - R600,000 / Year)

Job Description

Join us as an Insurance Underwriter where you will leverage your skills to determine insurance rates and coverage for various clients. You will work closely with agents and clients to ensure tailored solutions that meet their needs while balancing the company's risk profile. A successful candidate will have a knack for numbers and excellent analytical skills, ensuring that we provide the best possible coverage options.

Responsibilities

  • Manage communications with clients to clarify coverage needs.
  • Provide training and support to junior underwriting staff.
  • Regularly update underwriting guidelines to align with industry standards.
  • Ensure compliance with regulatory requirements in all underwriting processes.
  • Compile reports to analyze underwriting performance and profitability.
  • Work alongside actuarial teams to refine risk assessment protocols.

Requirements

Education
  • Bachelor's degree in Business Administration or related field
  • Advanced qualification in risk management is a plus
Experience
  • 4+ years of underwriting experience preferred
Technical Skills
  • Industry Knowledge
  • Regulatory Compliance
Soft Skills
  • Negotiation
  • Analytical Thinking
Certifications
  • Certified Risk Manager (CRM)
  • Chartered Property Casualty Underwriter (CPCU)
Languages
  • English: Fluent

Advantageous

  • Familiarity with claims processes: Knowledge of how claims are processed and their impact on underwriting decisions.
  • Strong networking skills: Ability to build relationships with clients and industry professionals.

Benefits

  • Comprehensive health insurance
  • Annual performance bonuses
  • Flexible work hours when possible
  • Employee assistance programs

Company Culture

  • Work-Life Balance: We prioritize our employees' well-being and promote a healthy work-life balance.
  • Ethical Responsibility: We are committed to ethical business practices in all our interactions.
  • Community Engagement: We actively engage in community initiatives and support local development.
Status: Open