Insurance Underwriter

Job Description

We are seeking an experienced Insurance Underwriter to join our Port Elizabeth team. The ideal candidate will have a robust understanding of risk assessment, underwriting principles, and a keen eye for detail. You will be responsible for evaluating risks, determining policy terms, and ensuring compliance with underwriting guidelines.

Responsibilities

• Conduct detailed risk assessments for various insurance policies.
• Collaborate with sales teams to develop competitive insurance products.
• Identify and mitigate potential risks in underwriting policies.
• Assist in formulating underwriting guidelines and procedures.
• Provide feedback on market trends and risks to management.
• Develop relationships with clients to increase retention and satisfaction.

Requirements

Education

• Bachelor's degree in Insurance, Risk Management or equivalent
• Postgraduate qualification is beneficial.

Experience

• 5+ years of proven experience in underwriting roles.

Technical Skills

• Data Analysis Software
• Regulatory Knowledge

Soft Skills

• Negotiation Skills
• Customer Service Orientation

Certifications

• Insurance Institute of South Africa certification
• CII qualification (Chartered Insurance Institute)

Languages

• English: Fluent

Advantageous

• Experience with data analysis: Ability to interpret and analyze data to make informed decisions.
• Understanding of diverse insurance products: Experience with various types of insurance is an asset.

Benefits

• Health insurance and performance bonuses
• Flexible work schedule options
• Support for continuing education
• Paid time off and public holidays

Company Culture

• Innovation Driven: We encourage innovative thinking and solutions in our approach.
• Professional Growth Opportunities: We invest in our employees’ growth with training and mentorship.
• Diversity and Inclusion: Promoting a workplace where diversity is celebrated and everyone feels valued.