Insurance Underwriter

Job Description

As an Insurance Underwriter, you will assess risks and underwrite insurance policies while ensuring compliance with industry standards. You will work collaboratively with agents and clients to provide tailored insurance solutions.

Responsibilities

• Assess risks and benefits of insuring clients based on provided documentation.
• Engage in negotiations regarding policy terms with clients and agents.
• Review competitor offerings to maintain market competitiveness.
• Utilise underwriting software to streamline processes and data analysis.
• Develop training materials for junior underwriters and new staff.
• Ensure compliance with legal regulations in underwriting decisions.
• Engage in continuous learning to enhance underwriting skills.
• Mentor new underwriters in effective risk assessment techniques.

Requirements

Education

• Diploma in Insurance or related field

Experience

• 5+ years of experience in underwriting

Technical Skills

• Policy Writing
• Regulation Knowledge

Soft Skills

• Negotiation
• Problem-solving

Advantageous

• Leadership experience: Prior experience leading underwriting teams is desirable.
• Bilingual: Fluent in another language alongside English is a plus.

Benefits

• Attractive retirement savings plan
• Comprehensive health insurance coverage
• Access to educational resources and courses
• Employee recognition programme

Company Culture

• Integrity: We uphold high ethical standards in all our operations.
• Inclusivity: We embrace diversity and foster an inclusive workplace.
• Customer Focus: Our clients are at the heart of what we do, and we strive for customer satisfaction.