Insurance Underwriter

Job Description

As an Insurance Underwriter, you will play a key role in our company by analyzing insurance applications, assessing risk levels, and providing insight into risk mitigation strategies that protect our clients and our company’s portfolio.

Responsibilities

• Utilize analytical tools to assess data and identify patterns in risk.
• Provide training and support to junior underwriters as necessary.
• Engage in continuous professional development to stay updated on new underwriting practices.
• Participate in team meetings to discuss underwriting strategies.

Requirements

Education

• Bachelor's degree in Risk Management or related field
• Postgraduate qualification in Business Administration is beneficial

Experience

• 4+ years in underwriting with a solid grasp of insurance products

Technical Skills

• Insurance Law
• Data Analysis

Soft Skills

• Negotiation
• Problem-solving

Certifications

• Fellow of the Chartered Insurance Institute (FCII)
• Professional Risk Manager (PRM)

Languages

• English: Fluent

Advantageous

• Previous exposure to claims processing: Understanding of claims processes to enhance underwriting evaluations.
• Proficiency in further risk assessment tools: Familiarity with analytics platforms or tools such as Tableau or SPSS.

Benefits

• Comprehensive medical insurance coverage.
• Generous paid time off and holiday leave.
• Flexible working hours for work-life balance.
• Opportunities for further education and certification.

Company Culture

• Work-life Balance: We promote a healthy work-life balance, allowing flexibility to balance personal and professional commitments.
• Innovation: Innovation is at the heart of what we do, encouraging all team members to share new ideas.
• Recognition: We recognize and reward achievements, fostering a motivated and productive team culture.