Underwriter

Durban FULL TIME R25,000 - R37,500 / Month
(R300,000 - R450,000 / Year)

Job Description

As an Underwriter, you will play a crucial role in determining the risk factors associated with underwriting new business. Your analytical skills will contribute significantly to maintaining the company’s profitability and ensuring high-quality service delivery.

Responsibilities

  • Perform risk analyses to determine appropriate insurance coverage and premiums.
  • Communicate underwriting decisions effectively to clients and agents.
  • Stay updated on market trends to adjust underwriting practices.
  • Participate in training initiatives to develop underwriting knowledge and skills.
  • Support the marketing team by providing product expertise and insights.

Requirements

Education
  • Bachelor's degree in Finance, Business, or a related field
Experience
  • 3+ years of experience in underwriting or risk assessment
Technical Skills
  • Risk Analysis
  • Financial Analysis
Soft Skills
  • Attention to Detail
  • Strong Communication
Certifications
  • Associate in Commercial Underwriting (ACU)
Languages
  • English: Fluent

Advantageous

  • Experience with underwriting software: Familiarity with industry-standard underwriting platforms.
  • Knowledge in the South African insurance market: Understanding of trends within local insurance markets.

Benefits

  • Competitive salary with performance bonuses.
  • Health and wellness benefits.
  • Flexible working hours and a dynamic work environment.
  • Professional development support through training and workshops.

Company Culture

  • Collaborative Environment: We prioritize teamwork and collaboration to achieve our goals.
  • Innovation Focused: Encouraging innovative thinking and proactive problem-solving.
  • Community Engagement: We value community involvement and support local initiatives.
Status: Open