Insurance Underwriter

Cape Town FULL TIME R29,167 - R41,667 / Month
(R350,000 - R500,000 / Year)

Job Description

Join our dynamic team as an Insurance Underwriter. In this role, you will assess risk and determine coverage amounts, helping clients find the right insurance solutions. You will leverage your expertise to make sound underwriting decisions while ensuring compliance with regulatory standards.

Responsibilities

  • Conduct risk assessments for various insurance products.
  • Create tailored policy options based on client needs and expectations.
  • Ensure compliance with industry regulations and internal policies.
  • Review and adjust underwriting guidelines based on changing market conditions.
  • Mentor junior underwriters and assist in their professional development.

Requirements

Education
  • Bachelor’s degree in Business Administration or related field
  • Master’s degree in Business or Finance is an advantage
Experience
  • 5+ years of experience in underwriting, loss control, or related roles
Technical Skills
  • Insurance Software Proficiency
  • Financial Analysis
Soft Skills
  • Negotiation Skills
  • Client Relationship Management
Certifications
  • Fellow of the Casualty Actuarial Society (FCAS)
  • Certified Risk Manager (CRM)
Languages
  • English: Fluent

Advantageous

  • Experience in Claims Management: Background in claims processing will be beneficial.
  • Familiarity with Underwriting Guidelines: Understanding of underwriting guidelines in the insurance sector.

Benefits

  • Comprehensive health benefits covering medical and dental expenses
  • Generous retirement plan with company matching
  • Work-life balance initiatives
  • Employee wellness programs and resources

Company Culture

  • Diversity and Inclusion: We embrace diversity within our teams and celebrate unique perspectives.
  • Professional Development: We invest in our team's growth through training and continuous learning opportunities.
  • Work-Life Balance: We encourage a healthy work-life balance to promote well-being and productivity.
Status: Closed