Insurance Underwriter

Job Description

We are searching for a detail-oriented Insurance Underwriter to join our dynamic team in Port Elizabeth. The successful candidate will be responsible for evaluating insurance applications and determining coverage levels based on risk assessment. If you're passionate about helping clients achieve peace of mind through comprehensive insurance solutions, this role could be a great fit!

Responsibilities

• Identify and review underwriting guidelines to align with market standards.
• Support sales efforts by providing timely underwriting decisions.
• Train and mentor less experienced underwriters and support staff.
• Handle complex underwriting cases and negotiate terms with clients.
• Create and analyze data reports to track underwriting performance.
• Engage in client consultations to clarify policy options and coverages.
• Ensure underwriting files are complete and organized for inspections.
• Incorporate feedback mechanisms to improve underwriting process efficiency.

Requirements

Education

• Bachelor's degree in Actuarial Science or a sought-after field
• Industry certifications are advantageous

Experience

• Min. 4 years experience in insurance underwriting

Technical Skills

• Financial Acumen
• Insurance Software Proficiency

Soft Skills

• Negotiation Skills
• Teamwork

Certifications

• CII Advanced Diploma in Insurance
• AFSI Certification

Languages

• English: Fluent
• Xhosa: Conversational

Advantageous

• Background in Computer Science: Experience with data analysis tools and programming languages beneficial for underwriting decisions.
• Familiarity with Risk Management Principles: Knowledge of risk management strategies to optimize policy offerings.

Benefits

• Health, dental, and vision benefits
• Generous retirement plan with employer contributions
• Work-life balance initiatives such as flexible hours
• Continuous training and certification support

Company Culture

• Professional Growth: We foster a culture of continuous professional development and mentorship within the organization.
• Work-Life Balance: We understand the importance of a healthy work-life balance and provide flexibility wherever possible.
• Team Spirit: Collaboration and teamwork are at the forefront of our company culture, encouraging open communication.