Insurance Underwriter

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

• Assess and evaluate risks associated with insurance proposals.
• Develop and communicate recommendations for policy changes.
• Assist in the formulation of underwriting guidelines and policies.
• Implement effective monitoring mechanisms for risk assessment.
• Manage relationships with clients, ensuring their insurance needs are met.
• Prepare reports detailing underwriting decisions and their justifications.
• Participate in risk assessment committees as necessary.
• Utilize underwriting software to streamline the evaluation process.

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.