Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter, where you will evaluate risks and determine appropriate coverage. This exciting role involves analyzing client information, assessing risks, and ensuring accurate policy issuance. The ideal candidate will have a strong understanding of underwriting principles, exceptional analytical skills, and a commitment to delivering excellent customer service.

Responsibilities

• Assess risk factors and decide on insurance policies and premiums accordingly.
• Review client information and documentation for accuracy and completeness.
• Establish and maintain relationships with clients and agents.
• Research and analyze market trends to inform underwriting decisions.
• Prepare detailed reports on underwriting activities and outcomes.
• Assist in training junior underwriters and interns.
• Respond to policy inquiries and provide detailed explanations of coverage.
• Monitor and evaluate the profitability of insured policies.

Requirements

Education

• Bachelor's degree in Insurance, Business Administration or equivalent
• Postgraduate qualification is an asset

Experience

• 5+ years of experience in insurance underwriting

Technical Skills

• Underwriting Software Proficiency
• Financial Acumen

Soft Skills

• Customer Relationship Management
• Organizational Skills

Certifications

• Chartered Insurance Institute (CII) Certification
• Advanced Diploma in Insurance is preferred

Languages

• English: Fluent

Advantageous

• Familiarity with claims processes: Understanding of claims handling procedures and their impact on underwriting.
• Experience in customer service roles: Prior experience in client-facing roles enhances client interactions.

Benefits

• Comprehensive health insurance coverage
• Performance bonuses based on targets
• Flexible working hours
• Professional development opportunities

Company Culture

• Customer-Centric Approach: We believe in putting our customers first and delivering tailored solutions.
• Continuous Improvement: We foster a culture of continuous learning and improvement for all staff.
• Diversity and Inclusion: We actively promote diversity and inclusivity within our workforce.