Insurance Underwriter

Job Description

As an Insurance Underwriter at Insurance Solutions Ltd., you will play a critical role in evaluating risks and underwriting insurance policies tailored to client needs. Your responsibilities will include assessing applications, conducting thorough analyses, and determining appropriate coverage. A strong understanding of insurance principles and exceptional communication skills will be key to ensuring our clients are well-informed.

Responsibilities

• Analyze applications for insurance policies accurately.
• Consider statistical data and personal interviews in underwritings.
• Advise clients on insurance coverage based on risk assessment.
• Maintain strong relationships with agents to ensure smooth underwriting processes.
• Review claims and loss data to forecast future claims.
• Stay abreast of legislative changes impacting underwriting practices.
• Utilize underwriting software to evaluate applications efficiently.
• Prepare final underwriting approval documentation.

Requirements

Education

• Bachelor's degree in Business Administration or Finance
• Underwriting certification is a plus

Experience

• 4+ years of experience in insurance underwriting or related area

Technical Skills

• Data Analysis
• Financial Acumen

Soft Skills

• Teamwork
• Customer Service

Certifications

• Associate in Underwriting (AU)
• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent
• Zulu: Conversational

Advantageous

• Experience with commercial insurance products: Background in underwriting various commercial policies such as liability and property.
• Advanced Excel skills: Proficient in using Excel for data analysis and reporting.

Benefits

• Robust health insurance package.
• Generous leave policies including annual and sick leave.
• Flexible working hours and potential for remote work.
• Supportive company culture focused on employee well-being.

Company Culture

• Professional Development: We provide resources and training to help our team advance in their careers.
• Work-Life Balance: Promoting a healthy work-life balance is a priority for our organization.
• Customer-Centric Focus: Our commitment is to provide exceptional service to our clients, ensuring their needs are met effectively.