Insurance Underwriter

Job Description

As an Insurance Underwriter at Insurance Leaders Co., you will play a vital role in the underwriting process, assessing risk and making critical decisions regarding insurance applications. This role demands a strong analytical mindset and the ability to communicate effectively with clients and agents alike.

Responsibilities

• Review insurance applications and assess applicants' backgrounds.
• Carry out risk assessments and recommend coverage limits.
• Negotiate terms and conditions of insurance products with clients.
• Maintain accurate and up-to-date records of underwriting decisions.
• Coordinate with claims and risk management teams to address issues.
• Analyze industry trends to improve underwriting practices.

Requirements

Education

• Bachelor's degree in Finance, Business, or related field
• Professional designation (e.g., AINS, CPCU) preferred

Experience

• 3+ years of experience in underwriting or insurance-related field

Technical Skills

• Risk Assessment
• Data Analysis

Soft Skills

• Communication
• Negotiation

Certifications

• Certified Insurance Underwriter (CIU)
• CPCU (Chartered Property Casualty Underwriter)

Languages

• English: Fluent
• Afrikaans: Intermediate

Advantageous

• Experience with insurance software systems: Hands-on experience with tools such as Guidewire or Duck Creek.
• Knowledge of South African insurance regulations: Familiarity with the legislative environment governing the insurance industry.

Benefits

• Medical aid and life insurance cover
• Retirement fund contributions
• Performance bonuses
• Flexible working hours and remote options
• Paid time off and public holidays

Company Culture

• Team Collaboration: We promote a culture of teamwork, where every team member contributes to our collective success.
• Diversity and Inclusion: We celebrate diversity and are committed to fostering an inclusive environment.
• Continuous Development: Ongoing training programs to enhance our skills and knowledge.