Insurance Underwriter

Durban FULL TIME R29,167 - R41,667 / Month
(R350,000 - R500,000 / Year)

Job Description

We are seeking a skilled Insurance Underwriter to join our dynamic team. The ideal candidate will assess and evaluate risks to determine policy terms and coverage, ensuring our clients receive the best service possible. With a focus on detail and analysis, you will play a crucial role in policy formulation and risk management.

Responsibilities

  • Identify, analyze, and mitigate potential underwriting risks.
  • Work with brokers to finalize coverage details and negotiate pricing.
  • Generate detailed reports on underwriting processes and decisions.
  • Validate the accuracy of information supplied by clients and brokers.
  • Stay abreast of new insurance products and market conditions.
  • Develop and maintain best practices to enhance underwriting processes.

Requirements

Education
  • Diploma in Insurance or related field
  • Bachelor’s degree preferred
Experience
  • 2+ years of experience in insurance underwriting
Technical Skills
  • Data Interpretation
  • Regulatory Knowledge
Soft Skills
  • Analytical Thinking
  • Negotiation
Certifications
  • Professional Risk Manager (PRM)
Languages
  • English: Fluent

Advantageous

  • Analytical tools proficiency: Experience with analytical tools that facilitate risk assessment and management.
  • Client relationship management experience: Background in managing client relationships and providing tailored insurance solutions.

Benefits

  • Salary review and increase opportunities
  • Performance bonuses based on results
  • Ongoing professional development
  • Supportive and collaborative culture

Company Culture

  • Innovation: We value fresh ideas and encourage innovative thinking from all team members.
  • Supportive Atmosphere: Our supportive team environment helps staff to thrive and excel in their roles.
  • Employee Engagement: We prioritize employee engagement and ensure all voices are heard within the team.
Status: Open