Insurance Underwriter

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

Job Description

We are on the lookout for a meticulous Insurance Underwriter to join our dedicated team in Durban. This role involves analyzing and assessing various risks to develop comprehensive insurance policies tailored to our clients' needs. You'll play a crucial part in maintaining our firm's reputation for excellence while ensuring compliance with industry regulations.

Responsibilities

  • Review detailed financial information submitted by applicants to inform decisions.
  • Collaborate with claims department to review claims for efficiency and accuracy.
  • Conduct market research to inform competitive pricing strategies.
  • Attend industry conferences to stay updated on market trends.
  • Develop ongoing training for underwriting team on new products and regulations.

Requirements

Education
  • Bachelor's degree in Risk Management, Finance, or a related field
Experience
  • 3+ years of experience in insurance underwriting
Technical Skills
  • Analytical Skills
  • Attention to Detail
  • Risk Assessment
Soft Skills
  • Communication Skills
  • Problem-solving
Certifications
  • Chartered Property Casualty Underwriter (CPCU)
  • Associate in Commercial Underwriting (ACU)
Languages
  • English: Fluent

Advantageous

  • Familiarity with underwriting software tools: Experience using tools such as Guidewire or Duck Creek.
  • Strong networking skills: Ability to cultivate relationships with brokers and agents.

Benefits

  • Medical aid and retirement plan options
  • Annual performance bonus
  • Paid time off and sick leave
  • Training and development opportunities

Company Culture

  • Professional Development: We prioritize continuous learning and development to advance your career.
  • Teamwork: A collaborative environment that values each team member's input and skills.
  • Inclusivity: Commitment to creating a diverse workforce and fostering inclusivity.
Status: Open