Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter where you will analyze policies, evaluate risks, and ensure that coverage meets client needs. Your expertise will be crucial in maintaining our reputation as a trusted insurance provider in Pretoria.

Responsibilities

• Analyze insurance applications to determine terms and conditions.
• Calculate premiums and assess pricing strategies based on risk analysis.
• Work with sales teams to ensure client satisfaction and retention.
• Develop new underwriting guidelines based on emerging risks.
• Review claims to identify potential fraud or discrepancies.
• Communicate with clients regarding policy changes or renewals.
• Implement best practices for risk assessment and management.
• Maintain compliance with regulatory standards.
• Prepare reports for management regarding underwriting performance.
• Train new hires on underwriting processes and tools.

Requirements

Education

• Bachelor's degree in Finance, Economics, or related field
• Relevant underwriting certifications preferred

Experience

• 3-5 years of experience in insurance underwriting

Technical Skills

• Risk Assessment
• Analytical Skills
• Regulatory Knowledge

Soft Skills

• Communication
• Detail-Oriented

Certifications

• Chartered Property Casualty Underwriter (CPCU)
• Associate in Commercial Underwriting (ACU)

Languages

• English: Fluent
• Afrikaans: Conversational

Advantageous

• Experience with claims assessment: Ability to evaluate claims and make informed decisions regarding payouts.
• Knowledge of underwriting software: Familiarity with industry-standard underwriting software and technology.

Benefits

• Competitive salary and performance bonuses
• Health and wellness benefits
• Retirement savings plan with company contributions
• Professional development opportunities
• Flexible work hours

Company Culture

• Team Collaboration: We believe in teamwork and collective success, fostering an environment where all voices are heard.
• Integrity: We operate with honesty and transparency, ensuring trust in all our dealings.
• Innovation: We encourage creative thinking and innovative solutions to meet client needs.