Insurance Underwriter

Job Description

Join us as an Insurance Underwriter in our Cape Town office. You will evaluate new insurance applications, calculate premiums, and develop underwriting guidelines. Your analytical skills will be pivotal in identifying acceptable risks and approving coverage that meets our standards.

Responsibilities

• Conduct risk assessments for new insurance applications.
• Negotiate coverage terms with agents and clients.
• Identify potential areas for risk mitigation.
• Review and update underwriting guidelines as needed.
• Handle complex cases that require advanced underwriting knowledge.
• Stay updated on industry trends and regulatory changes.
• Participate in client meetings to discuss coverage and underwriting matters.

Requirements

Education

• Bachelor's degree in Business, Insurance, or a related field
• Professional underwriting qualifications are highly regarded

Experience

• 5+ years of progressive experience in insurance underwriting

Technical Skills

• Underwriting Software Proficiency
• Claims Analysis

Soft Skills

• Problem-Solving
• Team Leadership

Certifications

• Certified Insurance Counselor (CIC)
• Fellow of the Life Management Institute (FLMI)

Languages

• English: Fluent

Advantageous

• Experience in loss control assessments: Ability to conduct assessments to determine risk management approaches.
• Knowledge of advanced data modeling: Experience with predictive modeling techniques in the insurance sector.

Benefits

• Comprehensive health and wellness benefits
• Generous leave policies
• Support for continuous learning and development
• Team-building activities and events

Company Culture

• Continuous Improvement: A commitment to continuous learning and adapting to market changes is at our core.
• Work-Life Balance: We support flexible hours and initiatives aimed at promoting work-life harmony.
• Community Engagement: We actively engage with our community through volunteering and partnerships.