Insurance Underwriter

Job Description

As an Insurance Underwriter, you will play a crucial role in assessing risk and determining the terms and conditions of insurance policies. You will analyze applications and financial data, liaise with brokers, and help clients find the right solutions for their insurance needs.

Responsibilities

• Assess risk profiles and make decisions on issuing insurance policies.
• Collaborate with stakeholders to manage underwriting processes.
• Monitor industry changes and adjust underwriting practices accordingly.
• Resolve claim disputes and communicate effectively with clients.
• Deliver training and support to junior underwriters as needed.
• Analyze market conditions to inform underwriting strategies.

Requirements

Education

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

Experience

• 3-5 years of experience in underwriting or related fields

Technical Skills

• Risk Assessment
• Analytical Skills
• Insurance Regulations Knowledge

Soft Skills

• Communication
• Attention to Detail
• Problem-solving

Certifications

• Chartered Insurance Institute (CII) certification
• FIA accreditation

Languages

• English: Fluent
• Afrikaans: Intermediate

Advantageous

• Familiarity with actuarial techniques: Understanding of statistical methods and actuarial principles.
• Experience with commercial insurance products: Background in underwriting commercial lines and risks.

Benefits

• Competitive salary with performance bonuses
• Comprehensive health insurance coverage
• Retirement savings plan
• Paid time off and public holidays
• Opportunities for professional development

Company Culture

• Team Collaboration: We value teamwork and collaboration in achieving our goals.
• Integrity: We uphold the highest standards of integrity in all our actions.
• Innovation: We encourage innovative thinking and embrace change.