Underwriter

Durban FULL TIME R25,000 - R37,500 / Month
(R300,000 - R450,000 / Year)

Job Description

We are seeking a detail-oriented Underwriter to join our dynamic team in Durban. The successful candidate will be responsible for assessing risk, evaluating insurance applications, and determining coverage solutions that meet client needs. If you have a knack for numbers and a passion for customer service, we want to hear from you!

Responsibilities

  • Evaluate potential risks associated with insurance applications and claims.
  • Communicate effectively with clients to gather necessary information for underwriting.
  • Ensure compliance with legal and regulatory requirements in underwriting practices.
  • Utilize underwriting software and other tools to facilitate risk assessment.
  • Work closely with the actuarial team to align on pricing strategies.
  • Review and update underwriting guidelines and procedures.

Requirements

Education
  • Bachelor's degree in Risk Management or Finance
Experience
  • 5+ years of experience in underwriting, insurance, or risk assessment
Technical Skills
  • Insurance Regulations
  • Statistical Analysis
Soft Skills
  • Negotiation
  • Problem-solving
Certifications
  • Associate in Commercial Underwriting (AU)
Languages
  • English: Fluent

Advantageous

  • Experience in commercial underwriting: Background in underwriting commercial lines, an advantage.
  • Advanced degree or additional certifications in underwriting: Further qualifications are beneficial.

Benefits

  • Comprehensive health insurance plans
  • Company-sponsored training and learning programs
  • Strong career advancement opportunities
  • Employee assistance program

Company Culture

  • Sustainability: We are committed to sustainable practices both internally and in our business operations.
  • Work-Life Balance: Promoting a healthy work-life balance is essential to our culture.
  • Community Engagement: We actively engage in community service and philanthropy.
Status: Open