Insurance Underwriter

Job Description

We are seeking an Insurance Underwriter with a solid understanding of risk assessment. This role will involve analyzing insurance applications, reviewing claims, and determining the suitability of coverage for potential clients.

Responsibilities

• Assess various insurance applications and calculate risks.
• Draft and negotiate policy terms and conditions.
• Analyze statistical data to establish underwriting criteria.
• Collaborate with stakeholders to develop tailored insurance products.
• Review and evaluate permitted coverage and limits.
• Provide advice and assistance in claims resolution.
• Maintain professional relationships with agents and clients.
• Attend industry seminars and training programs.
• Keep abreast of insurance laws and regulations.
• Prepare and deliver presentations for clients regarding underwriting policies.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or related field

Experience

• 3-5 years of experience in underwriting or insurance-related roles

Technical Skills

• Risk Assessment
• Analytical Skills

Soft Skills

• Attention to Detail
• Communication

Certifications

• Associate in Commercial Underwriting (ACU)
• Professional Designation in Insurance

Languages

• English: Fluent
• Afrikaans: Fluent

Advantageous

• Familiarity with insurance regulatory requirements: Understanding of insurance compliance and operations.
• Experience with underwriting software: Proficient in using software tools for underwriting tasks.

Benefits

• Medical aid and funeral cover
• Retirement annuity plan
• Performance bonuses
• Annual leave and sick leave
• Study assistance for continuous learning

Company Culture

• Team-oriented environment: We encourage collaboration and teamwork among all employees.
• Innovation: Focus on creativity and innovative thinking to drive our business forward.
• Growth Opportunities: We are committed to providing our employees with continuous learning and development.