Insurance Underwriter

Job Description

Join our dynamic team as an Insurance Underwriter where your critical thinking and attention to detail will facilitate the assessment of insurance requests. You will play a key role in determining coverage options and crafting tailored insurance solutions for our clients.

Responsibilities

• Conduct thorough evaluations of risk factors for each application.
• Formulate pricing strategies based on risk assessments.
• Review and update underwriting policies to reflect market changes.
• Engage in discussions with brokers regarding policy details and coverage limits.
• Prepare detailed reports on underwriting decisions for management review.

Requirements

Education

• Bachelor's degree in Actuarial Science or related field

Experience

• 5+ years of related experience within the insurance industry

Technical Skills

• Insurance Principles

Soft Skills

• Teamwork

Certifications

• Fellowship of the Casualty Actuarial Society (FCAS)

Languages

• English: Fluent

Advantageous

• Familiarity with underwriting software: Experience using tools like Underwriting Workbench or similar software.
• Knowledge of regulatory compliance: Understanding of insurance laws and regulations affecting underwriting practices.

Benefits

• Competitive salary
• Medical aid and retirement benefits
• Flexible working hours
• Opportunities for professional development

Company Culture

• Collaborative Environment: We foster teamwork and encourage diverse opinions to enhance our decision-making process.
• Continuous Learning: We support ongoing education and training for all employees to grow in their roles.
• Integrity: Our operations are underpinned by ethical practices and transparency in all dealings.