Insurance Underwriter

Job Description

We are seeking a skilled Insurance Underwriter to join our dynamic Durban team. You will be responsible for assessing risks and determining the appropriate coverage for insurance policies. This role offers great opportunities for professional growth within a supportive company culture.

Responsibilities

• Assess risks associated with insurance applications.
• Utilize statistical data to determine the probabilities of claims.
• Engage with clients to clarify application details and discuss policy terms.
• Document underwriting decisions and maintain accurate records.
• Stay informed about market trends and changes in regulations.
• Meet productivity and quality standards as established by the underwriting department.

Requirements

Education

• Bachelor's degree in Risk Management or related fields

Experience

• 5+ years of experience in underwriting

Technical Skills

• Statistical Analysis
• Insurance Policies Knowledge

Soft Skills

• Negotiation Skills
• Teamwork

Languages

• English: Fluent

Advantageous

• Experience with insurance underwriting software: Familiarity with tools used for underwriting and risk analysis.
• Certification in underwriting or risk management: Holding certifications such as AINS or CPCU is advantageous.

Benefits

• Comprehensive health insurance coverage
• Annual performance bonuses
• Professional development opportunities
• Contributory pension scheme

Company Culture

• Continuous Improvement: We believe in ongoing professional development and training for all employees.
• Work-Life Balance: We understand the importance of maintaining a balance between work and personal life.
• Respectful Communication: Open and respectful communication is crucial in our interactions, fostering a positive workplace environment.