Insurance Underwriter

Job Description

Join our dynamic team as an Insurance Underwriter, where you will utilize your expertise to evaluate risk factors and establish policy terms. You will collaborate with agents and clients to provide the best insurance solutions tailored to client needs, ensuring the profitability and sustainability of our offerings.

Responsibilities

• Perform risk assessments based on client data and application details.
• Review underwriting files and ensure that proper procedures are followed.
• Keep up to date with market trends to inform underwriting decisions.
• Collaborate with the sales team to tailor products that meet market needs.
• Support the management team in developing strategic underwriting approaches.
• Train junior underwriters on best practices and regulatory requirements.
• Mitigate potential losses by adhering to established pricing strategies.
• Maintain accurate records of underwriting activities and decisions.

Requirements

Education

• Bachelor's degree in Finance, Business, or related field
• Relevant certifications will be an advantage

Experience

• 2+ years of underwriting experience preferred

Technical Skills

• Risk Assessment
• Data Analysis

Soft Skills

• Communication
• Problem-solving

Certifications

• Insurance Underwriting Certification
• Chartered Insurance Professional (CIP)

Languages

• English: Fluent

Advantageous

• Experience with underwriting software such as Guidewire: Knowledge in using specific underwriting software tools to streamline processes.
• Familiarity with regulatory compliance in the insurance sector: Understanding of compliance standards for the South African insurance industry.

Benefits

• Health and wellness benefits
• Retirement savings plan with company contribution
• Flexible working hours
• Professional development opportunities

Company Culture

• Teamwork: We promote a strong sense of teamwork and camaraderie among our employees.
• Innovation: We encourage innovative approaches to solve challenges and improve our services.
• Support for Growth: We provide our employees with the necessary tools and support for their professional growth.