Insurance Underwriter

Job Description

We are seeking a dedicated Insurance Underwriter to play a vital role in assessing risk and determining policy terms for our clients. The successful candidate will leverage analytical skills to evaluate applications and ensure compliance with industry standards.

Responsibilities

• Review complex applications and evaluate risk for high-value policies.
• Implement underwriting guidelines and assist in developing strategies to reduce risks.
• Prepare reports on underwriting activities and present findings to management.
• Participate in claims assessments and collaborate with claims adjusters when necessary.
• Provide feedback on underwriting processes to improve efficiency.

Requirements

Education

• Bachelor's degree in Risk Management or related field

Experience

• 5+ years of experience in underwriting with a focus on commercial insurance

Technical Skills

• Underwriting Software
• Financial Acumen

Soft Skills

• Negotiation
• Problem-solving

Certifications

• Certified Insurance Underwriter (CIU)

Languages

• English: Fluent

Advantageous

• Experience with insurance policy management systems: Hands-on experience with various underwriting and policy management software.
• Understanding of actuarial principles: Knowledge of actuarial science as it relates to underwriting practices.

Benefits

• Medical aid and wellness programs
• Performance bonuses based on targets
• Remote work flexibility on occasion
• Employee recognition programs

Company Culture

• Work-life Balance: We value the well-being of our employees and support a healthy work-life balance.
• Continuous Learning: We offer programs and resources to help our employees grow and learn.
• Community Engagement: Our team is involved in various community initiatives and charitable activities.