Insurance Underwriter

Job Description

We're seeking a detail-oriented Insurance Underwriter to join our Durban team. Your insights will aid in risk assessment and policy creation, providing clients with accurate underwriting decisions.

Responsibilities

• Examine applications for accuracy and completeness.
• Evaluate the financial stability of applicants.
• Update underwriting guidelines based on changes in risk assessment models.
• Engage with reinsurers when necessary.
• Contribute to the development of new insurance products.
• Educate clients on policy details and coverage options.

Requirements

Education

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

Experience

• 3+ years experience in underwriting or related field

Technical Skills

• Risk Assessment
• Financial Analysis
• Regulatory Compliance

Soft Skills

• Attention to Detail
• Communication
• Negotiation Skills

Certifications

• Associate in Commercial Underwriting (ACU)
• Chartered Insurance Operations Professional (CIOP)

Languages

• English: Fluent

Advantageous

• Experience with underwriting software: Familiarity with modern underwriting platforms and technology.
• Knowledge of South African insurance legislation: Understanding of local laws and regulations governing insurance practices.

Benefits

• Comprehensive health insurance coverage
• Retirement savings plan with employer matching
• Flexible working hours
• Opportunities for professional development
• Annual performance bonuses

Company Culture

• Team-Oriented Culture: We promote collaboration among our employees, encouraging cross-functional teamwork and support.
• Emphasis on Growth: We believe in investing in our employees' professional growth and providing mentoring opportunities.
• Inclusivity: Our company values diversity and strives to create an inclusive environment for all employees.