Insurance Underwriter

Job Description

We are seeking a motivated Insurance Underwriter to join our Cape Town office. In this role, you'll evaluate insurance applications, assess risks, and determine policy terms to ensure a high level of service and satisfaction for our clients. The ideal candidate will bring analytical skills, attention to detail, and a collaborative spirit to our team.

Responsibilities

• Conduct risk assessments to determine the insurability of applicants based on individual circumstances.
• Draft and issue insurance policies, endorsements, and renewals as required.
• Provide training and mentorship to junior underwriters as needed.
• Collaborate with other departments to streamline underwriting processes.
• Participate in underwriting audits and reviews to ensure compliance and quality assurance.

Requirements

Education

• Bachelor's degree in Risk Management or Insurance-related field
• Master's degree is a plus

Experience

• Minimum of 5 years in underwriting or relevant positions preferred

Technical Skills

• Risk assessment
• Insurance software proficiency

Soft Skills

• Problem-solving
• Teamwork

Certifications

• CPCU or equivalent
• Financial Risk Manager (FRM)

Languages

• English: Fluent

Advantageous

• Advanced data analysis skills: Proficient in using analytical tools for risk assessment and reporting.
• Strong negotiation skills: Ability to negotiate terms and pricing with clients effectively.

Benefits

• Health, dental, and vision insurance
• Generous annual leave and sick leave policies
• Professional training and ongoing education support
• Team building and social events

Company Culture

• Innovation Driven: We encourage innovative thinking and looking for fresh solutions to old challenges.
• Supportive Leadership: Our leaders are committed to supporting team members and fostering career growth.
• Community Engagement: We are committed to giving back to the community and actively participate in local events.