Insurance Underwriter

Cape Town FULL TIME R33,333 - R45,833 / Month
(R400,000 - R550,000 / Year)

Job Description

We are seeking a detail-oriented Insurance Underwriter capable of evaluating risks and making informed decisions on policy applications. In this role, you'll collaborate with agents and clients to create tailored insurance solutions that meet their needs.

Responsibilities

  • Conduct thorough reviews of new business and existing policies.
  • Ensure compliance with insurance regulations and company policies.
  • Utilize underwriting software and tools to enhance accuracy and efficiency.
  • Engage in ongoing education about industry trends and changes to regulations.
  • Foster teamwork within the underwriting department to improve processes and outcomes.

Requirements

Education
  • Bachelor's degree in Finance, Business, or related field
Experience
  • 3-5 years of experience in underwriting or related insurance role
Technical Skills
  • Risk Assessment
  • Insurance Regulations
Soft Skills
  • Analytical Thinking
  • Communication
Certifications
  • Associate in Commercial Underwriting (ACU)
  • Chartered Insurance Institute (CII)
Languages
  • English: Fluent
  • Afrikaans: Intermediate

Advantageous

  • Experience with underwriting software: Proficient in using software such as Guidewire or similar tools for efficient underwriting.
  • Familiarity with claims processes: Understanding of how claims impact underwriting decisions.

Benefits

  • Comprehensive health insurance coverage
  • Retirement plan with company contribution
  • Annual leave and sick leave entitlements
  • Professional development and training opportunities

Company Culture

  • Innovation: We encourage innovative thinking and provide the resources to implement new ideas.
  • Teamwork: Collaboration and support are at the heart of our company's success.
  • Diversity and Inclusion: Our workplace values diversity and fosters an inclusive environment for all employees.
Status: Open