Insurance Underwriter

Job Description

Join our vibrant team as an Insurance Underwriter in Durban. In this role, you'll analyze insurance applications and assess risk levels to determine appropriate coverage levels, ultimately contributing to our clients' peace of mind and our organization's success.

Responsibilities

• Assess risk by analyzing insurance applications and associated documents.
• Work closely with agents to understand client needs and provide tailored solutions.
• Formulate pricing strategies that balance competitiveness with company profitability.
• Conduct reviews of policy renewals and modifications.
• Attend training sessions to enhance underwriting skills and industry knowledge.

Requirements

Education

• Bachelor's degree in Insurance, Finance, or related field
• Master's degree in a relevant field is advantageous

Experience

• 5+ years of experience in underwriting or claims assessment

Technical Skills

• Policy Analysis
• Market Research

Soft Skills

• Problem Solving
• Negotiation

Certifications

• Professional Insurance Certificate

Languages

• English: Fluent

Advantageous

• Exposure to regulatory compliance in insurance: Awareness of the legal aspects affecting insurance underwriting.
• Familiarity with risk management frameworks: Understanding frameworks used to manage insurance risks.

Benefits

• Attractive salary package with annual bonuses.
• Health and wellness programs.
• Support for further education and training.
• Work-life balance initiatives.

Company Culture

• Innovation Focus: We encourage creative solutions and innovative approaches in underwriting practices.
• Employee Engagement: Our company values open communication and input from all employees.
• Supportive Work Environment: We ensure that employees feel supported and valued in their roles.