Insurance Underwriter Job in Durban

Job Description

Join our team as an Insurance Underwriter based in Durban, where you will utilize your analytical skills to evaluate applications, calculate premiums, and underwrite insurance policies for our diverse clientele.

Responsibilities

• Analyze client data to identify risk factors and trends affecting underwriting decisions.
• Communicate with clients to clarify information needed for underwriting.
• Monitor market trends and competitor offerings to adjust underwriting practices.
• Participate in regular training to stay updated on industry regulations.
• Collaborate with claims department to understand trends related to claims and losses.

Requirements

Education

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

Experience

• 3+ years of experience in insurance underwriting or a related field

Technical Skills

• Risk Assessment
• Analytical Skills

Soft Skills

• Communication
• Attention to Detail

Certifications

• Associate in Underwriting (AU)
• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent

Advantageous

• Familiarity with insurance software tools: Knowledge of underwriting software and systems commonly used in the insurance industry.
• Experience in commercial insurance underwriting: Background in underwriting commercial policies, such as liability and property insurance.

Benefits

• Competitive salary with performance bonuses
• Health and wellness benefits
• Retirement savings plan
• Flexible working hours
• Professional development opportunities

Company Culture

• Professional Growth: We encourage continuous learning and career advancement for all our employees.
• Team Collaboration: Our culture emphasizes teamwork and collective problem-solving.
• Inclusivity: We are committed to creating an inclusive workplace where diversity is valued.