Insurance Underwriter

Job Description

As an Insurance Underwriter, you will analyse risk and determine appropriate insurance coverage for clients. You will work closely with clients to evaluate their needs and design customized insurance solutions that fit their lifestyle or business.

Responsibilities

• Perform risk assessments and underwriting for insurance applications.
• Communicate underwriting decisions effectively to clients and agents.
• Consult with legal and compliance to ensure adherence to regulations.
• Manage a portfolio of accounts, ensuring high levels of customer satisfaction.
• Contribute to team meetings with insights on market trends and risk factors.
• Utilize underwriting software and tools to streamline processes.
• Participate in audits and quality assurance reviews.
• Assist in developing training materials for new underwriters.
• Engage with industry associations to foster relationships and stay informed.
• Drive initiatives to enhance underwriting efficiency and accuracy.

Requirements

Education

• Bachelor's degree in a related field
• Master's degree or specialized certifications are advantageous

Experience

• 5+ years of underwriting experience preferred

Technical Skills

• Data Analysis
• Financial Modelling

Soft Skills

• Detail-oriented
• Time Management

Certifications

• Fellow of the Chartered Insurance Institute (FCII)
• Financial Risk Manager (FRM)

Languages

• English: Fluent

Advantageous

• Bilingual in Afrikaans or Zulu: Ability to communicate with clients in multiple languages is an advantage.
• Proficient in Risk Modelling Software: Experience with software for risk assessment and modeling.

Benefits

• Affordable medical and dental plans
• Provident fund with company matching
• Professional development opportunities
• Work-life balance initiatives

Company Culture

• Diversity and Inclusion: We are committed to creating a diverse workspace that champions all voices.
• Growth and Development: We invest in our employees' growth through training and mentorship programs.