Insurance Underwriter

Job Description

We are seeking a motivated Insurance Underwriter to join our team in Durban. The successful candidate will be responsible for evaluating insurance applications, assessing risk, and determining policy coverage terms. If you have a keen eye for detail and a passion for providing exceptional service, we want to hear from you!

Responsibilities

• Create and update underwriting guidelines in accordance with regulatory changes.
• Advise clients on policy details and coverage options suited to their needs.
• Perform risk analysis and actuarial data evaluation to inform underwriting decisions.
• Respond promptly to inquiries from clients regarding their applications and policy specifics.
• Work on special projects to improve underwriting processes and efficiencies.
• Any other duties as required by management.

Requirements

Education

• Bachelor's degree in Actuarial Science or related field
• Professional designations in insurance are preferred

Experience

• 4+ years of experience in underwriting roles or related fields

Technical Skills

• Statistical Analysis
• Financial Modelling

Soft Skills

• Client-focused
• Problem-solving

Certifications

• Insurance Risk Management Certification
• Advanced Risk Assessment Certificate

Languages

• English: Fluent

Advantageous

• Experience in customer service within the insurance field: Background in handling client inquiries and providing solutions.
• Familiarity with advanced data analytics tools: Experience using tools for analyzing underwriting data effectively.

Benefits

• Comprehensive medical insurance
• Employee wellness programs
• Generous leave policy
• Flexible working hours

Company Culture

• Innovation-Driven: We embrace innovative solutions and encourage fresh ideas from all team members.
• Community Focused: Our commitment extends beyond our clients, as we actively engage with the local community.
• Work-Life Balance: We understand the importance of work-life balance and offer flexible schedules to support this.