Insurance Underwriter

Job Description

Join our dynamic team as an Insurance Underwriter in Durban. You will be responsible for evaluating insurance applications, assessing risk, and determining coverage eligibility. The ideal candidate will possess strong analytical skills and an understanding of the insurance market.

Responsibilities

• Conduct thorough evaluations of insurance applications.
• Communicate with clients and agents regarding underwriting decisions.
• Develop risk assessment models to streamline decision-making.
• Collaborate with the claims department to evaluate any inconsistencies.
• Maintain organized records of all underwriting documents.
• Monitor industry changes and adjust underwriting practices accordingly.
• Prepare presentations on underwriting performance for management.
• Assist in the training and mentorship of junior underwriters.

Requirements

Education

• Bachelor's degree in Finance, Business, or Insurance
• Higher certifications in underwriting preferred

Experience

• 5+ years in underwriting risk assessment

Technical Skills

• Policy Underwriting
• Financial Acumen

Soft Skills

• Interpersonal Skills
• Analytical Thinking

Certifications

• Underwriting Management Certificate

Languages

• English: Fluent

Advantageous

• Experience with data analytics tools: Hands-on experience with tools for data analysis and risk forecasting.
• Knowledge of advanced underwriting concepts: In-depth understanding of various underwriting principles.

Benefits

• Full medical aid coverage
• Flexible working hours
• Employee assistance program
• Opportunities for professional development

Company Culture

• Continuous Learning: We believe in the power of learning and provide opportunities for staff to enhance their skills.
• Diversity and Inclusion: We value diversity and inclusion, creating a workplace where everyone feels valued.
• Customer Focus: We prioritize our clients and aim to exceed their expectations in every interaction.