Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to assess risks and determine policy acceptance within our Cape Town office. The ideal candidate will have a strong background in underwriting practices and be able to make informed decisions on coverage terms.

Responsibilities

• Conduct thorough assessments of insurance applications.
• Make informed decisions regarding policy terms and conditions.
• Provide ongoing support to clients and agents during the underwriting process.
• Monitor and analyze loss trends to adjust underwriting criteria as necessary.
• Participate in training and development programs to enhance underwriting skills.

Requirements

Education

• Bachelor's degree in Business Administration or related field
• Advanced insurance qualifications are a plus

Experience

• 3+ years of experience in the insurance industry

Technical Skills

• Insurance Underwriting
• Claims Evaluation

Soft Skills

• Analytical Thinking
• Negotiation

Certifications

• Certified Insurance Underwriter (CIU)
• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent
• Xhosa: Conversational

Advantageous

• Proficiency in data analytics tools: Experience with tools for analyzing insurance data effectively.
• Previous experience in claims handling: Background in insurance claims will add value to the underwriting process.

Benefits

• Health, dental, and vision coverage
• Generous retirement plan with matching contributions
• Flexible working hours and remote work options
• Career advancement and training programs

Company Culture

• Innovation Focus: We continuously strive for innovation and excellence in our underwriting practices.
• Continuous Improvement: We encourage continuous learning and professional growth for all employees.
• Community Engagement: We actively participate in community initiatives and support local causes.