Insurance Underwriter

Job Description

As an Insurance Underwriter, you will be responsible for evaluating insurance applications, analyzing risk, and determining appropriate coverage terms and premiums. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to make sound decisions in a fast-paced environment.

Responsibilities

• Analyze financial statements and credit reports to assess risks.
• Adapt underwriting criteria based on market changes and regulatory updates.
• Contribute to the development of training materials for new underwriters.
• Assist in claims reviews to evaluate underwriting practices.
• Maintain relationships with agents to facilitate smooth underwriting processes.

Requirements

Education

• Bachelor's degree in Business Administration or Economics

Experience

• 5+ years of insurance underwriting experience

Technical Skills

• Insurance Principles
• Data Analysis

Soft Skills

• Negotiation
• Teamwork

Certifications

• Fellow, Life Management Institute (FLMI)

Languages

• English: Fluent

Advantageous

• Proficiency in Underwriting Software: Experience with industry-standard underwriting platforms.
• Background in Claims Handling: Knowledge of claims processes to enhance underwriting accuracy.

Benefits

• Comprehensive health and wellness benefits
• Pension plan with employer contributions
• Work-life balance initiatives
• Employee assistance program

Company Culture

• Empowerment: Encouraging employees to take initiative and make decisions.
• Innovation: We value innovative ideas and approaches to improve our services.
• Community Engagement: Actively involved in community initiatives and charitable activities.