Insurance Underwriter

Job Description

We are seeking a Financial Analyst to join our expanding team in Cape Town. The successful candidate will be responsible for analyzing financial data, preparing reports, and providing strategic insights to support business decisions. This is a great opportunity for someone who is looking to advance their career in finance and make a significant impact on our operations.

Responsibilities

• Assess and evaluate insurance applications effectively to determine eligibility.
• Analyze financial statements and medical reports to ascertain risks.
• Collaborate with agents to explain policy requirements and answer questions.
• Determine correct premiums and policy terms based on risk analysis.
• Maintain comprehensive records of underwriting decisions and processes.
• Communicate with clients and brokers regarding policy details and modifications.

Requirements

Education

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

Experience

• Minimum of 3 years experience in underwriting or related fields

Technical Skills

• Risk Analysis
• Financial Analysis

Soft Skills

• Communication
• Attention to Detail

Languages

• English: Fluent

Advantageous

• Insurance Certification: Professional certification in underwriting or risk assessment, preferred.
• Knowledge of South African Insurance Laws: Familiarity with local regulations impacting insurance and underwriting processes.