Insurance Underwriter

Cape Town FULL TIME R25,000 - R37,500 / Month
(R300,000 - R450,000 / Year)

Job Description

Join our team as an Insurance Underwriter, where you'll evaluate client risk profiles and recommend appropriate insurance policies. Your role is instrumental in balancing client needs with the company’s risk management strategy, ultimately contributing to our growth and success in a competitive market.

Responsibilities

  • Assess and mitigate risks associated with each application.
  • Utilize underwriting software and tools effectively.
  • Develop and implement underwriting guidelines.
  • Provide training and support to junior underwriters.
  • Engage in continuous professional development and training.
  • Communicate clearly and effectively with clients and team members.

Requirements

Education
  • Bachelor's degree in Finance, Business Administration, or related field
  • Professional underwriting qualification (e.g., AUI, AU) is preferred
Experience
  • 3-5 years of experience in underwriting or related field
Technical Skills
  • Risk Assessment
  • Data Analysis
Soft Skills
  • Attention to Detail
  • Effective Communication
Certifications
  • Fellow of the Insurance Institute of South Africa (FIISA)
  • Insurance Risk Management Certification
Languages
  • English: Fluent
  • Afrikaans: Intermediate

Advantageous

  • Experience with underwriting software: Familiarity with industry-specific underwriting tools and platforms.
  • Knowledge of South African insurance regulations: Understanding of local laws and regulations that impact underwriting.

Benefits

  • Competitive salary and performance bonuses
  • Health and wellness benefits, including medical aid
  • Retirement savings plan with employer contributions
  • Flexible working hours and opportunities for remote work

Company Culture

  • Team Collaboration: We believe in working together to achieve our goals, fostering a supportive team environment.
  • Continuous Learning: We encourage our employees to pursue professional development opportunities for career growth.
  • Customer-Centric Approach: Our clients are at the heart of everything we do, driving our commitment to exceptional service.
Status: Closed