Insurance Underwriter

Job Description

Are you an experienced Insurance Underwriter? Join us at Leading Insurance Company in Port Elizabeth! You will be responsible for evaluating insurance applications, assessing risk, and determining coverage solutions that meet client needs.

Responsibilities

• Assess the financial history and risk factors of applicants.
• Collaborate with other departments to improve service delivery.
• Develop and implement underwriting guidelines.
• Assist in the development of new insurance products.
• Perform quality control checks on underwriting files.
• Provide feedback to improve underwriting processes.
• Engage in client interactions to build strong relationships.
• Monitor industry changes and adjust policies accordingly.
• Support claims management by providing underwriting insights.

Requirements

Education

• Bachelor's degree in a relevant field
• Additional underwriting credentials preferred

Experience

• 5+ years of experience in insurance underwriting

Technical Skills

• Insurance Regulations
• Financial Analysis

Soft Skills

• Negotiation
• Teamwork

Certifications

• Fellow of the American Society of Chartered Property Casualty Underwriters (FCPCU)
• Professional Risk Manager (PRM)

Languages

• English: Fluent

Advantageous

• Experience in training junior underwriters: Ability to mentor and guide less experienced team members.
• Familiarity with digital underwriting platforms: Experience with technology that automates underwriting processes is a plus.

Benefits

• Generous leave policies and work-life balance initiatives
• Access to professional development and training
• Employee assistance programs
• Team-building events and activities

Company Culture

• Diversity: We value diversity and include various perspectives in our decision-making.
• Openness to Change: Embracing change as a pathway to growth and improvement.
• Employee Recognition: Recognizing and rewarding employee contributions and achievements.