Insurance Underwriter

Durban FULL TIME R37,500 - R50,000 / Month
(R450,000 - R600,000 / Year)

Job Description

Join our team as an Insurance Underwriter and play a crucial role in the risk management process. You will review and assess applications, underwrite policies, and work closely with clients to ensure their needs are met. A thorough understanding of insurance products and market trends will be advantageous.

Responsibilities

  • Conduct thorough evaluations of client applications for insurance coverage.
  • Set underwriting policies and procedures.
  • Monitor ongoing risks to ensure adequate coverage.
  • Support the sales team by providing necessary underwriting information.
  • Participate in training programs for skill enhancement.
  • Prepare reports on underwriting performance and trends.

Requirements

Education
  • Bachelor's degree in Finance, Business Administration, or a related field
  • Insurance qualifications (e.g., Associate in Risk Management) are advantageous
Experience
  • 3+ years of experience in underwriting or a related field
Technical Skills
  • Risk Assessment
  • Analytical Skills
Soft Skills
  • Communication
  • Attention to Detail
Languages
  • English: Fluent

Advantageous

  • Familiarity with underwriting software: Experience with ETP, Integrate or similar underwriter software platforms.
  • Knowledge of industry regulations: An understanding of the legal aspects surrounding insurance and underwriting.

Benefits

  • Competitive salary with performance bonuses
  • Medical aid and retirement benefits
  • Flexible working hours
  • Opportunities for professional development

Company Culture

  • Teamwork: We believe in the power of collaboration and teamwork to achieve our goals.
  • Diversity: We are committed to promoting diversity and inclusivity within our organization.
  • Continuous Improvement: We encourage ongoing learning and professional growth for all employees.
Status: Closed