Insurance Underwriter

Job Description

We are seeking an experienced Insurance Underwriter to join our vibrant team in Cape Town. In this role, you will assess risks and determine policy terms and pricing, ensuring profitable growth of our insurance products. You will play a crucial role in the decision-making process for insurance applications, utilizing your analytical skills and industry knowledge.

Responsibilities

• Develop and implement innovative underwriting policies and procedures.
• Assess the profitability of existing policies and suggest improvements.
• Work closely with claims teams to manage risk exposure.
• Engage in professional development to stay updated on industry trends.
• Lead initiatives to improve customer service in underwriting processes.

Requirements

Education

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

Experience

• 3+ years of experience in insurance underwriting

Technical Skills

• Risk Assessment
• Analytical Skills
• Regulatory Knowledge

Soft Skills

• Communication
• Negotiation

Certifications

• Certified Insurance Underwriter (CIU)
• Associate in Risk Management (ARM)

Languages

• English: Fluent

Advantageous

• Experience with data analytics tools: Familiarity with tools like Tableau or Power BI to interpret insurance data effectively.
• Knowledge of emerging insurance technologies: Awareness of InsurTech trends and innovations in the industry.

Benefits

• Competitive salary with performance bonuses
• Health and wellness benefits
• Opportunities for professional development
• Flexible working hours

Company Culture

• Team-oriented Environment: We foster collaboration and teamwork in every aspect of our work.
• Integrity and Accountability: We believe in transparency, integrity, and taking responsibility for our actions.
• Innovation: We encourage innovative thinking and welcome fresh ideas from our team.