Insurance Underwriter

Job Description

As an Insurance Underwriter in our Cape Town office, you'll be responsible for evaluating insurance applications, assessing risk, and determining coverage amounts. This role is pivotal in ensuring that our clients receive the most suitable insurance options while maintaining a profitable portfolio. You will work closely with brokers and clients to gather information and provide recommendations based on your assessments.

Responsibilities

• Conduct risk assessments for potential clients.
• Negotiate terms and conditions of insurance policies.
• Prepare detailed underwriting reports.
• Support clients with information about their policy options.
• Collaborate with sales teams to help close deals.
• Ensure compliance with company policies and regulations.
• Develop and maintain strong relationships with stakeholders.
• Utilize underwriting software and tools for data analysis.
• Provide insights on risk management strategies.
• Participate in industry seminars and training.

Requirements

Education

• Bachelor's degree in Economics or Risk Management

Experience

• 4+ years of experience in the insurance sector

Technical Skills

• Underwriting Software
• Statistical Analysis

Soft Skills

• Negotiation
• Teamwork

Certifications

• Fellowship in Insurance

Languages

• English: Fluent

Advantageous

• Familiarity with reinsurance: Understanding of reinsurance markets and products.
• Knowledge of regulatory compliance: Experience with ensuring compliance with industry regulations.

Benefits

• Full medical, dental, and vision insurance
• Generous retirement contributions
• Work-from-home options available
• Professional development and training support

Company Culture

• Customer Focus: Our commitment to our clients drives everything we do.
• Empowerment: We empower our employees to make decisions and take ownership in their roles.
• Innovation: Encouraging creativity and innovative thinking is at the heart of our business.