Insurance Underwriter

Job Description

We are seeking an experienced Insurance Underwriter to join our vibrant team in Durban. In this role, you will evaluate insurance applications, analyze risk, and develop policies tailored to our clients' needs. You will work closely with agents and clients to ensure a smooth underwriting process and help maintain our high standards for service and accuracy.

Responsibilities

• Analyze financial data and operational information to evaluate risk.
• Establish underwriting guidelines and standards.
• Work collaboratively with risk management to minimize potential losses.
• Handle client inquiries and resolve issues regarding policies.
• Participate in policy reviews and updates as needed.
• Assist in developing training materials for new underwriters.
• Stay informed about industry trends and best practices.
• Offer recommendations for improving underwriting processes.

Requirements

Education

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

Experience

• 3+ years of underwriting experience in the insurance industry

Technical Skills

• Risk Assessment
• Financial Analysis
• Regulatory Knowledge

Soft Skills

• Attention to Detail
• Communication Skills
• Analytical Thinking

Certifications

• Chartered Insurance Institute (CII) Certification
• Insurance Institute of South Africa (IISA) Certification

Languages

• English: Fluent

Advantageous

• Familiarity with underwriting software: Experience with industry-standard underwriting platforms and tools.
• Advanced Excel Skills: Proficient in advanced Excel functions and data management.

Benefits

• Competitive salary and performance bonuses
• Medical aid and retirement fund
• Flexible working arrangements
• Professional development opportunities

Company Culture

• Team-Oriented Environment: We prioritize teamwork and collaboration for success.
• Continuous Development: Our focus is on professional growth through ongoing training.
• Commitment to Integrity: We uphold the highest standards of ethics in our operations.