Insurance Underwriter

Job Description

Join our dynamic team in Durban as an Insurance Underwriter, where you'll evaluate and analyze risks associated with insurance applications. This pivotal role involves making informed decisions about policy approval, underwriting guidelines, and premium rates, ensuring our clients receive the best coverage.

Responsibilities

• Assess and underwrite new business to ensure compliance with company standards.
• Collaborate with agents to address client inquiries and policy requirements.
• Develop and maintain strong relationships with stakeholders.
• Provide training and support to junior underwriters.
• Participate in audits and compliance reviews.
• Stay current with regulations affecting underwriting practices.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or related field

Experience

• 3+ years of experience in underwriting or related field

Technical Skills

• Risk Assessment
• Data Analysis

Soft Skills

• Communication
• Detail-oriented

Certifications

• Chartered Insurance Institute (CII) Certification

Languages

• English: Fluent

Advantageous

• Experience with underwriting software: Familiarity with tools for assessing and managing risk.
• Knowledge of insurance regulations: Understanding of current laws and regulations in the insurance industry.

Benefits

• Competitive salary with performance bonuses
• Comprehensive health care coverage
• Retirement savings plan
• Flexible working hours
• Opportunities for professional development

Company Culture

• Professional Growth: We are committed to the continuous development of our employees through training and mentorship.
• Team Collaboration: We encourage teamwork and collaboration to achieve common goals.
• Integrity: Our company values integrity and transparency in all interactions.