Insurance Underwriter

Job Description

As an Insurance Underwriter in Cape Town, you will analyze insurance applications and risk data to make informed underwriting decisions. Candidates should have excellent communication skills and a strong ability to interpret complex information to determine policy terms and pricing.

Responsibilities

• Conduct thorough risk assessments to evaluate insurance applications.
• Make informed decisions regarding coverage limits and exclusions.
• Collaborate with sales and product teams to develop new insurance products.
• Monitor industry trends and adjust underwriting practices as needed.
• Engage with clients to explain underwriting decisions and policy terms.
• Ensure compliance with regulatory requirements in underwriting processes.

Requirements

Education

• Bachelor's degree in Finance, Business, or related field

Experience

• 3+ years of experience in insurance underwriting

Technical Skills

• Risk Assessment
• Data Analysis

Soft Skills

• Communication Skills
• Attention to Detail

Certifications

• Certified Insurance Underwriter (CIU)
• Business Insurance Certification

Languages

• English: Fluent

Advantageous

• Experience in the South African insurance market: Familiarity with local underwriting practices and regulations.
• Advanced Excel and analytical software skills: Proficient in using Excel for complex data analysis.

Benefits

• Competitive salary with performance bonuses
• Comprehensive health and wellness programs
• Retirement savings plan with company contributions
• Opportunities for professional development

Company Culture

• Teamwork: We believe in collaboration and support among our team members.
• Integrity: We uphold the highest ethical standards in our work.
• Innovation: We encourage creative solutions and new ideas within our organization.