Insurance Underwriter

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

Job Description

Join our team and streamline underwriting processes as an Insurance Underwriter. You will analyze and assess risk and develop pricing models to meet client needs, leveraging your industry knowledge and expertise.

Responsibilities

  • Conduct risk assessments and evaluate underwriting criteria for various types of insurance.
  • Maintain accurate records and documentation for each insurance application.
  • Aid in developing training materials for junior underwriting staff.
  • Utilize underwriting software to manage applications efficiently.
  • Assist in claims evaluation and advise on underwriting policies.
  • Actively participate in team meetings to discuss market shifts and risk assessments.

Requirements

Education
  • Bachelor's degree in Finance, Accounting, or related field
  • Professional underwriting designation is advantageous
Experience
  • 3+ years of experience in underwriting or related financial services
Technical Skills
  • Analytical Skills
  • Risk Assessment
Soft Skills
  • Communication
  • Decision-making
Certifications
  • Chartered Property and Casualty Underwriter (CPCU)
Languages
  • English: Fluent

Advantageous

  • Experience with Microsoft Excel and underwriting software: Proficiency in data analysis software for underwriting assessments.
  • Knowledge of insurance laws and regulations: Familiar with South African insurance laws and guidelines to ensure compliance.

Benefits

  • Competitive salary and performance bonuses
  • Health and wellness benefits
  • Flexible working hours
  • Opportunities for career advancement

Company Culture

  • Team-oriented Environment: We nurture a collaborative and supportive workplace where teamwork is essential.
  • Commitment to Development: We invest in the professional growth of our employees through ongoing training.
  • Focus on Innovation: We encourage creative solutions and innovative thinking to enhance our services.
Status: Open