Underwriter (Insurance)

Job Description

Join us as an Underwriter (Insurance) at our Port Elizabeth office! Your primary role will involve evaluating insurance risks, calculating premiums, and guiding clients on policy options. You’ll be pivotal in maintaining our commitment to superior client service and risk management, collaborating closely with both clients and internal stakeholders.

Responsibilities

• Conduct comprehensive risk assessments for insurance applications.
• Implement effective underwriting techniques to minimize potential losses.
• Maintain regular communication with various departments to streamline processes.
• Utilize analytical tools to evaluate risk and set premiums.
• Liaise with clients to explain underwriting criteria and policy details.
• Stay updated on industry trends and regulatory changes affecting underwriting practices.
• Prepare reports on portfolio performance for senior management.
• Collaborate on the development of promotional strategies for insurance products.
• Engage in continuous education and certification opportunities to enhance underwriting skills.

Requirements

Education

• Bachelor's degree in Insurance, Business, or related fields

Experience

• 4-6 years of experience in underwriting in the insurance sector

Technical Skills

• Insurance Software Proficiency
• Financial Analysis

Soft Skills

• Negotiation
• Problem Solving

Certifications

• Certified Insurance Counselor (CIC)

Languages

• English: Fluent

Advantageous

• Experience in claims assessment: Knowledge of claims handling process to better assess risk and underwriting decisions.
• Familiarity with regulatory compliance: Understanding of the legal and regulatory environment impacting insurance operations.

Benefits

• Competitive salary with performance bonuses
• Comprehensive health care benefits
• Retirement savings plan with company contribution
• Opportunities for professional development and training

Company Culture

• Team-Oriented Environment: We pride ourselves on a collaborative culture fostering teamwork and respect.
• Customer-Centric Focus: Our clients at the forefront of our operations, ensuring their needs are met with dedication.
• Continuous Improvement: Encouragement of innovation and personal growth to achieve excellence in our work.