Insurance Underwriter

Job Description

As an Insurance Underwriter, you will be responsible for evaluating risks and exposures to establish the appropriate coverage for clients. Your expertise will guide the underwriting process, ensuring that the risk taken aligns with our company policies and profitability goals.

Responsibilities

• Evaluate new and renewal applications to determine acceptance or adjustments.
• Establish strong relationships with clients and brokers for effective communication.
• Utilize underwriting software and tools to document decision-making.
• Prepare detailed reports and analyses for management review.
• Engage in professional development activities to enhance skills.
• Participate in team meetings to align objectives and strategies.
• Draft clear and comprehensive policy documentation.
• Monitor performance metrics to achieve departmental goals.

Requirements

Education

• Diploma in Insurance or Risk Management
• Bachelor's degree considered an advantage

Experience

• 2+ years of experience in underwriting or risk management

Technical Skills

• Data Analysis
• Regulatory Knowledge

Soft Skills

• Customer Service
• Negotiation

Certifications

• FAIS Certification for South Africa

Languages

• English: Fluent

Advantageous

• Knowledge of insurance regulations: Experience with compliance and regulatory standards in South Africa.
• Professional certifications in underwriting: Any additional relevant certificates will be regarded as advantageous.

Benefits

• Performance bonuses based on achievement
• Ongoing professional development opportunities
• Employee wellness programs
• Access to employee assistance programs

Company Culture

• Inclusivity: We embrace diversity and inclusivity, valuing different perspectives and backgrounds.
• Client-Centric Approach: Our focus is on delivering exceptional service and tailored solutions for our clients.
• Work-Life Balance: We support a balanced working environment that respects personal and professional commitments.