Insurance Underwriter

Job Description

As an Insurance Underwriter in Durban, you will leverage your analytical skills to review insurance proposals, assess risks, and provide clients with personalized coverage options.

Responsibilities

• Evaluate applications based on established underwriting guidelines.
• Analyze risk factors to estimate potential losses and calculate premium rates.
• Communicate with clients to clarify information and collect additional data.
• Develop and maintain strong client relationships to facilitate renewal and retention.
• Implement new technologies and tools to enhance efficiency in underwriting processes.
• Monitor and review ongoing exposure to various types of insurance risks.
• Work with claims and actuarial teams to ensure consistent approach to risk management.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or related field

Experience

• 3+ years of experience in insurance underwriting or related field

Technical Skills

• Risk Assessment
• Data Analysis

Soft Skills

• Attention to Detail
• Communication Skills

Certifications

• Chartered Insurance Institute (CII) certification
• Insurance Institute of South Africa (IISA) certification

Languages

• English: Fluent

Advantageous

• Experience with underwriting software and tools: Familiarity with software that enhances underwriting efficiency.
• Knowledge of insurance market trends: Awareness of current trends and regulations in the insurance market.

Benefits

• Competitive salary with performance bonuses
• Health and wellness benefits
• Pension contributions
• Opportunities for professional development

Company Culture

• Integrity: We are committed to the highest ethical standards and practices.
• Teamwork: Collaboration is at the heart of our company. We work together to achieve our goals.
• Innovation: We encourage creativity and innovation in all areas of our business.