Insurance Underwriter

Job Description

We are seeking a meticulous Insurance Underwriter to join our team in Durban. In this role, you will assess applications for insurance coverage, evaluate risk, and determine policy terms while ensuring compliance with industry standards.

Responsibilities

• Manage insurance applications from initial assessment to final approval.
• Evaluate the financial status of applicants and their risk profiles.
• Implement and monitor underwriting policies and practices.
• Communicate with clients regarding underwriting decisions and policy offerings.
• Assist in developing underwriting strategies based on market analysis.
• Participate in team meetings to discuss underwriting trends and challenges.

Requirements

Education

• Bachelor's degree in Insurance, Finance or Business Management

Experience

• 5+ years of experience in insurance underwriting.

Technical Skills

• Policy Analysis
• Market Analysis

Soft Skills

• Negotiation
• Problem-solving

Certifications

• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent

Advantageous

• Advanced Data Analysis Skills: Proficiency in data analysis tools and techniques to evaluate underwriting data.
• Proficiency in Underwriting Software: Experience with underwriting platforms and related technology.

Benefits

• Comprehensive health, dental, and vision insurance
• Employee assistance program
• Generous annual leave entitlement
• Professional development opportunities

Company Culture

• Continuous Learning: We promote professional growth and lifelong learning for all our employees.
• Community Engagement: We actively participate in community initiatives and support local organizations.
• Work-Life Balance: We believe in fostering a healthy work-life balance for our employees.