Insurance Underwriter

Job Description

We are seeking a meticulous Insurance Underwriter to join our dynamic team in Pretoria. The ideal candidate will have a strong understanding of risk assessment and underwriting processes, playing a crucial role in ensuring that our clients receive the best insurance solutions. You will analyze the risk profiles of applicants and determine the premiums and coverage.

Responsibilities

• Examine client financial profiles to inform underwriting policies.
• Identify and escalate any potential fraudulent activities.
• Review and assess complex cases that require further underwriting attention.
• Stay updated on industry trends and regulatory changes impacting underwriting.
• Collaborate with claims departments to understand loss trends.
• Set targets for quoting and binding insurance policies.

Requirements

Education

• Bachelor's degree in Actuarial Science or a related field

Experience

• Minimum 5 years of experience in the insurance sector with a focus on underwriting

Technical Skills

• Data Analysis
• Policy Development

Soft Skills

• Critical Thinking
• Teamwork

Certifications

• Associateship in the Institute of Risk Management

Languages

• English: Fluent
• Zulu: Conversational

Advantageous

• Familiarity with data analytics tools: Experience using data analytics to inform underwriting decisions.
• Knowledge of emerging insurance technologies: Awareness of technology trends impacting the insurance industry.

Benefits

• Comprehensive health benefits program
• Pension scheme
• Flexible working hours
• Opportunities for professional development

Company Culture

• Continuous Improvement: We are committed to ongoing learning and development for all employees.
• Respect and Inclusion: We cultivate a diverse workplace where everyone’s contributions are valued.
• Client-Centricity: Everything we do revolves around meeting our clients' needs and expectations.