Insurance Underwriter

Job Description

We are in search of a skilled Insurance Underwriter based in Durban to manage risk assessments and develop tailored insurance policies. The ideal candidate will be detail-oriented, possess strong analytical abilities, and have a deep understanding of the insurance landscape.

Responsibilities

• Assess risk factors and advise on insurance solutions.
• Draft and issue insurance policies and endorsements.
• Respond promptly to inquiries from clients and brokers.
• Maintain accurate records and documentation of underwriting activities.
• Stay current with changes in laws and regulations affecting the insurance industry.
• Participate in team meetings to discuss underwriting strategies and challenges.

Requirements

Education

• Bachelor's degree in Actuarial Science or a relevant field
• Professional underwriting qualifications are preferred

Experience

• 3-5 years of relevant underwriting experience

Technical Skills

• Risk Assessment
• Regulatory Knowledge

Soft Skills

• Team Collaboration
• Negotiation Skills

Certifications

• Institute of Risk Management qualification
• Underwriting Certification

Languages

• English: Fluent
• Zulu: Proficient

Advantageous

• Familiarity with Re-insurance Principles: Understanding of how re-insurance interacts with direct underwriting practices.
• Experience with Data Analysis Tools: Ability to leverage data analysis tools for better underwriting decisions.

Benefits

• Comprehensive health, dental, and vision insurance
• Company-sponsored retirement plan
• Flexible working arrangements
• Employee assistance programs for personal support

Company Culture

• Diversity and Inclusion: We are committed to creating a diverse workforce and inclusive culture.
• Work-Life Balance: We promote a healthy balance between work and personal life.
• Community Engagement: We support local communities through various outreach programs.