Insurance Underwriter

Job Description

We are seeking a qualified Insurance Underwriter to join our dynamic team in Port Elizabeth. The successful candidate will assess risks and determine policy terms and conditions while ensuring compliance with regulatory requirements.

Responsibilities

• Assess the risk associated with applications for insurance.
• Establish pricing for policies based on risk analysis.
• Communicate with brokers and clients to clarify information.
• Prepare detailed reports on underwriting activities.
• Stay updated on market trends and regulatory changes.
• Utilize underwriting software to manage applications.
• Review and modify existing policies as necessary.
• Promote excellent customer service in all interactions.

Requirements

Education

• Bachelor's degree in Finance, Business, or related field

Experience

• 3-5 years of experience in underwriting or related fields

Technical Skills

• Risk Assessment
• Market Research
• Insurance Software Proficiency

Soft Skills

• Analytical Skills
• Communication
• Detail-oriented

Certifications

• Chartered Insurance Institute (CII) Certification

Languages

• English: Fluent

Advantageous

• Experience with underwriting software (e.g., Guidewire): Familiarity with leading software solutions that streamline underwriting processes.
• Knowledge of regulatory compliance: Understanding of applicable laws and regulations in the insurance industry.

Benefits

• Competitive salary with performance bonuses
• Medical and dental aid
• Retirement fund contribution
• Professional development opportunities

Company Culture

• Inclusivity: We are committed to fostering an inclusive workplace that embraces diversity.
• Professional Growth: We support continuous development and growth through training and mentorship.
• Collaboration: Our culture emphasizes teamwork and collaboration across departments.