Insurance Underwriter

Job Description

We are looking for an experienced Insurance Underwriter to join our team in Port Elizabeth. The successful candidate will be responsible for evaluating insurance applications, assessing risk, and determining coverage limits and premiums. You will work closely with clients and agents to ensure that insurance policies are tailored to meet individual needs.

Responsibilities

• Review and analyze insurance applications for completeness.
• Determine risk mitigation strategies for high-risk clients.
• Collaborate with the claims department for comprehensive risk management.
• Maintain accurate records of underwriting decisions.
• Assist in developing new insurance products and services.
• Prepare reports on underwriting activities for management review.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or a closely related field
• Specialization in Insurance or Risk Management preferred

Experience

• Minimum of 4 years' experience in underwriting, especially in the commercial sector

Technical Skills

• Financial Acumen
• Negotiation Skills

Soft Skills

• Interpersonal Skills
• Organizational Skills

Certifications

• Insurance Institute of South Africa Certifications
• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent
• Zulu: Basic

Advantageous

• Experience with Commercial Underwriting: Extensive experience in assessing commercial risks is a plus.
• Advanced Excel Skills: Proficiency in Excel for data analysis and reporting.

Benefits

• Performance-related bonuses
• Flexible working hours
• Opportunity for remote work arrangements
• Employee wellness programs

Company Culture

• Innovation: We encourage innovative thinking and value new ideas.
• Diversity and Inclusion: Diversity is celebrated, and inclusive practices are prioritized in our hiring.
• Respect and Collaboration: We prioritize respect and collaboration among all team members.