Insurance Underwriter

Job Description

Seeking a detail-oriented Insurance Underwriter to join our team in Port Elizabeth. The ideal candidate will assess risks and determine policy terms while collaborating closely with clients and brokers. You will leverage your analytical skills to provide tailored insurance solutions that meet the needs of our diverse clientele.

Responsibilities

• Assess incoming insurance applications for completeness and accuracy.
• Research market trends to determine the appropriate pricing strategies.
• Coordinate with actuarial teams to adjust policy frameworks based on statistical data.
• Develop and maintain strong professional relationships with clients.
• Create detailed reports and analysis for management review.
• Support the development of innovative insurance products tailored to market needs.
• Participate in risk assessment meetings and contribute ideas to improve underwriting processes.

Requirements

Education

• Bachelor's degree in Business Administration, Finance, or a related field
• Postgraduate qualifications in insurance are advantageous

Experience

• 3-5 years of experience in the insurance industry

Technical Skills

• Insurance Regulations
• Microsoft Office Suite

Soft Skills

• Negotiation
• Problem-Solving

Certifications

• Insurance Institute of South Africa Certification
• Associate in Commercial Underwriting

Languages

• English: Fluent

Advantageous

• Familiarity with digital underwriting tools: Experience with software used for underwriting decisions.
• Strong analytics background: Proven skills in data-driven decision making within the insurance field.

Benefits

• Generous annual leave and paid time off
• Professional development opportunities
• Wellness programs and initiatives
• Support for remote work options

Company Culture

• Learning and Development: We invest in ongoing training and professional growth opportunities for our employees.
• Work-Life Balance: Our company strives to maintain a healthy work-life balance for all team members.
• Community Engagement: We encourage our employees to engage with and give back to the community.