Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter in Cape Town, where you'll be tasked with assessing insurance risks and determining policy terms. This role requires the ability to analyze data and make informed decisions that balance client needs with company guidelines. If you are detail-oriented and possess excellent critical thinking skills, consider applying for this exciting opportunity.

Responsibilities

• Assess and underwrite insurance policies based on risk evaluation.
• Consult with brokers and agents to clarify client information.
• Identify and resolve discrepancies in applications.
• Conduct market research to fine-tune underwriting practices.
• Maintain accurate records of underwriting decisions.
• Coordinate with claims department to handle policy issues.
• Engage in continuous education to stay current with insurance trends.
• Work on special projects as assigned by management.

Requirements

Education

• Bachelor's degree in Business or Insurance
• Professional certification in underwriting is preferred

Experience

• 5+ years in related insurance roles, with specific underwriting experience

Technical Skills

• Data Analysis
• Market Research

Soft Skills

• Negotiation
• Teamwork

Certifications

• Insurance Institute of South Africa certificates
• Professional Risk Manager Certification

Languages

• English: Fluent
• Zulu: Basic

Advantageous

• Proficient in underwriting software and analytics tools: Experienced in tools that aid in risk assessment and data analysis.
• Strong understanding of emerging trends in the insurance market: Knowledgeable about digital transformation impacting insurance products.

Benefits

• Health and wellness programs
• Annual bonuses based on performance
• Flexible working hours and remote work options
• Support for professional development and certifications

Company Culture

• Innovation-Driven Culture: We are committed to finding innovative solutions to meet our clients' needs.
• Diversity: We celebrate diversity and are committed to maintaining an inclusive workplace.
• Employee Well-Being: Our employees' well-being is a priority; we promote work-life balance and mental health support.