Insurance Underwriter

Job Description

Join us as an Insurance Underwriter in Durban and bring your skills in risk assessment and policy development to our dynamic team. Your essential role will involve evaluating client information, determining appropriate coverage, and ensuring our clients receive exemplary service. Strong negotiation skills and an understanding of the regulatory framework will be key to your success.

Responsibilities

• Analyze market trends and competitors’ pricing to effectively manage risk.
• Monitor the underwriting results and make necessary adjustments.
• Create and present reports on underwriting performance and client satisfaction.
• Participate in training programs to enhance underwriting skills.
• Engage with regulatory authorities as needed to maintain compliance.

Requirements

Education

• Bachelor's degree in Business Administration or Insurance Studies
• Graduate degree is a plus

Experience

• 5+ years of experience in underwriting or insurance risk assessment

Technical Skills

• Statistical Analysis
• Policy Development

Soft Skills

• Negotiation Skills
• Client Relationship Management

Certifications

• Fellow of the Insurance Institute (FII)
• Registered Professional Underwriter (RPU)

Languages

• English: Fluent

Advantageous

• Proficient in statistical software tools: Ability to analyze large datasets for risk assessment.
• Background in financial analysis: Experience in assessing the financial health of applicants.

Benefits

• Attractive remuneration package
• Extensive medical aid and insurance coverage
• Work-life balance initiatives
• Personal development and training opportunities

Company Culture

• Innovation: We encourage creative solutions to insurance challenges, pushing the boundaries of traditional practices.
• Continuous Improvement: Investing in our employees’ growth ensures we stay ahead in the industry.
• Diversity: A diverse workforce drives our success; we celebrate unique perspectives and backgrounds.