Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter in Durban. In this role, you will analyze insurance applications and assess risk factors to provide accurate quotes. We are looking for a detail-oriented individual with excellent decision-making abilities and a customer-focused mindset.

Responsibilities

• Review and analyze insurance applications and financial information.
• Calculate risk exposure and establish policy premiums.
• Engage in negotiations with clients to finalize terms of coverage.
• Ensure compliance with underwriting guidelines and industry regulations.
• Collaborate with sales teams to develop competitive pricing strategies.
• Conduct regular reviews of existing policies to assess renewal procedures.

Requirements

Education

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

Experience

• 3+ years of experience in underwriting or related field

Technical Skills

• Risk Assessment
• Data Analysis

Soft Skills

• Attention to Detail
• Communication

Certifications

• Chartered Insurance Institute (CII) Certification

Languages

• English: Fluent
• Afrikaans: Basic

Advantageous

• Experience with underwriting software: Familiarity with industry-standard underwriting software tools.
• Knowledge of South African insurance regulations: Understanding of local regulations governing the insurance industry.

Benefits

• Competitive salary with performance bonuses
• Comprehensive medical benefits
• Retirement savings plan options
• Professional development opportunities

Company Culture

• Teamwork: We encourage collaboration and value diverse perspectives to drive innovation.
• Integrity: Our commitment to ethical practices ensures trust and transparency with clients.