Insurance Underwriter

Durban FULL TIME R35,000 - R50,000 / Month
(R420,000 - R600,000 / Year)

Job Description

Join our dynamic team as an Investment Banking Associate. In this role, you will be responsible for supporting investment banking operations, assisting with financial analysis, preparing presentations, and working on various client engagements. Ideal candidates will have a strong analytical background and a passion for finance.

Responsibilities

  • Evaluate insurance applications and determine coverage limits.
  • Conduct risk assessment and analysis to establish policy terms.
  • Calculate premiums and ensure they are competitive.
  • Collaborate with agents to clarify underwriting requirements.
  • Review claims to ensure coverage aligns with policy provisions.
  • Assist in resolving inquiries from clients regarding policies.
  • Stay updated on industry trends and regulations.

Requirements

Education
  • Master's degree in Insurance or a related field is preferred
Experience
  • 5+ years of underwriting experience preferred
Technical Skills
  • Policy Development
  • Insurance Software Proficiency
Soft Skills
  • Attention to Detail
  • Negotiation Skills
Certifications
  • Certified Insurance Counselor (CIC)
  • Fellow of the Casualty Actuarial Society (FCAS)
Languages
  • English: Fluent

Advantageous

  • Experience with data analysis tools: Ability to utilize software for in-depth market analysis.
  • Familiarity with regulatory compliance: Understanding of compliance regulations affecting underwriting.

Benefits

  • Competitive salary package with performance bonuses
  • Health and wellness benefits including medical aid
  • Flexible working hours to support work-life balance
  • Professional development opportunities and training

Company Culture

  • Innovative Work Environment: We encourage fresh ideas and a spirit of innovation as we strive to improve our services.
  • Supportive Team Atmosphere: Our team thrives on collaboration, supporting each other to achieve shared goals.
  • Inclusivity and Respect: We value diversity and promote an inclusive culture where everyone is respected and heard.
Status: Open