Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our dynamic team in Durban. The ideal candidate will evaluate insurance applications, analyze risk, and determine coverage limits. You will play a crucial role in ensuring our clients receive appropriate and fair coverage.

Responsibilities

• Assess applications and underwriting information to determine coverage eligibility.
• Review and analyze market trends for competitive underwriting.
• Engage in continuous learning to improve underwriting skills.
• Work closely with claims and legal departments to address complex cases.
• Develop and maintain positive relationships with clients and agents.
• Prepare reports and presentations for management on underwriting performance.

Requirements

Education

• Bachelor's degree in Insurance, Risk Management, or related field
• Postgraduate qualifications are an advantage

Experience

• 5 years of experience in the underwriting field

Technical Skills

• Insurance Regulations
• Data Analysis Tools

Soft Skills

• Negotiation
• Problem-solving

Certifications

• Fellowship of the Chartered Insurance Institute (FCII)
• Certified Insurance Counselor (CIC)

Languages

• English: Fluent

Advantageous

• Knowledge of emerging risks: Understanding of trends impacting underwriting decisions.
• Familiarity with digital transformation in insurance: Experience with technology-driven changes in the industry.

Benefits

• Enhanced health benefits including dental and vision coverage
• Employee wellness programs
• Generous leave policies
• Support for continued education and certifications

Company Culture

• Continuous Improvement: We are dedicated to continuous improvement and encourage feedback from our employees.
• Work-Life Balance: We prioritize work-life balance and support flexible working arrangements.
• Employee Recognition: We celebrate the achievements of our employees and promote a culture of recognition.