Insurance Underwriter

Job Description

As an Insurance Underwriter, you will assess client applications, calculate risk levels, and decide on the terms and premiums for various insurance policies. The role demands strong analytical capabilities and the ability to work in a fast-paced environment while maintaining accuracy in your evaluations.

Responsibilities

• Conduct risk assessments to determine the insurability of clients.
• Review claims histories and ensure sufficient policy coverage.
• Adjust premiums as necessary based on ongoing risk evaluations.
• Liaise with claims adjusters to ensure proper application of coverage.
• Participate in the broader strategic planning of underwriting processes.
• Advise clients on insurance products and services tailored to their needs.
• Implement risk management techniques to minimize insurance losses.

Requirements

Education

• Bachelor's degree in Finance or Risk Management

Experience

• 5+ years of experience in underwriting focused in the insurance industry

Technical Skills

• Analytical Skills
• Statistical Analysis

Soft Skills

• Problem-solving
• Negotiation Skills

Certifications

• Fellow, Life Management Institute (FLMI)

Languages

• English: Fluent

Advantageous

• Proficiency in underwriting software: Familiarity with underwriting management systems to enhance efficiency.
• Strong networking skills: Ability to build and maintain relationships within the industry.

Benefits

• Flexible working environment
• Access to training and upskilling programs
• Annual bonuses and salary reviews
• Health insurance benefits

Company Culture

• Professional Development: We encourage continuous learning and professional growth, providing resources and training opportunities.
• Work-Life Balance: Our organization values work-life balance and supports flexible work arrangements.
• Community Engagement: We believe in giving back to our community and support initiatives that make a positive impact.