Insurance Underwriter

Job Description

We are looking for an experienced Insurance Underwriter based in Cape Town. You will evaluate insurance applications, manage risk assessments, and provide our clients with the best coverage options. If you have a keen eye for detail and strong decision-making skills, this could be the perfect opportunity for you.

Responsibilities

• Conduct thorough evaluations of insurance applications.
• Calculate premiums and assess coverage needs.
• Ensure compliance with company policies and legal regulations.
• Communicate underwriting decisions effectively to clients and agents.
• Participate in industry networking events to stay current with market trends.
• Support initiatives to improve underwriting processes and efficiency.

Requirements

Education

• Bachelor's degree in Finance or Risk Management
• Advanced degree preferred

Experience

• 3+ years of experience in insurance underwriting or risk analysis

Technical Skills

• Policy Analysis
• Financial Analysis

Soft Skills

• Decision-Making
• Negotiation

Certifications

• CII Advanced Diploma in Insurance
• Fellow of the Insurance Institute of South Africa (FIISA)

Languages

• English: Fluent

Advantageous

• Experience in claims handling: Familiarity with the claims process and policyholder interactions.
• Proficiency in advanced data analytics tools: Ability to leverage data analytics for better underwriting decisions.

Benefits

• Comprehensive health insurance package
• Company-sponsored retirement savings plan
• Annual performance reviews with potential for bonuses
• Access to continuous learning and development programs

Company Culture

• Customer Focus: We prioritize customer satisfaction and work tirelessly to meet their needs.
• Innovation: We encourage creative thinking and innovative solutions to challenges.
• Continuous Improvement: We are committed to ongoing improvement in processes and services.