Insurance Underwriter

Durban FULL TIME R25,000 - R33,333 / Month
(R300,000 - R400,000 / Year)

Job Description

As an Insurance Underwriter, you will play a vital role in assessing and managing risks associated with insurance policies. Your expertise will help us protect our clients while contributing to the company's profitability.

Responsibilities

  • Review insurance applications and supporting documents to determine eligibility.
  • Calculate risk assessments and develop appropriate underwriting strategies.
  • Communicate directly with clients to gather necessary information.
  • Maintain detailed records in underwriting databases and systems.
  • Collaborate with the sales team to develop new business opportunities.
  • Assist in the development of underwriting guidelines and standards.
  • Identify and address any discrepancies in applications quickly.

Requirements

Education
  • Bachelor's degree in Risk Management or Actuarial Science
  • Advanced insurance certifications will be valuable
Experience
  • 5+ years' experience in the insurance sector, focusing on underwriting roles
Technical Skills
  • Statistical Analysis
  • Financial Modelling
Soft Skills
  • Negotiation
  • Attention to Detail
Certifications
  • Associate in Underwriting (AU)
  • Fellowship in Insurance (FCI)
Languages
  • English: Fluent

Advantageous

  • Proficiency in risk management tools: Experience in using risk management software will be advantageous.
  • Experience in team leadership: Previous experience leading teams in underwriting is beneficial.

Benefits

  • Full medical and dental benefits
  • Generous leave policy
  • Performance bonuses based on individual and company success
  • Employee assistance program for mental health support

Company Culture

  • Innovation: Encouraging innovative solutions and creative thinking among our staff.
  • Customer-Centric Approach: We prioritize our clients' needs and work diligently to meet those needs.
  • Inclusivity: Our workplace is diverse and inclusive, where all perspectives matter.
Status: Closed