Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter, where you will be responsible for analyzing insurance applications, determining coverage terms, and setting premiums. The ideal candidate is detail-oriented with strong analytical capabilities.

Responsibilities

• Review and analyze insurance applications to assess risk levels.
• Make informed decisions regarding policy issuance and terms.
• Work closely with the claims department to assess risk management strategies.
• Document underwriting decisions and maintain accurate records.
• Assist in developing underwriting guidelines and procedures.

Requirements

Education

• Bachelor's degree in Business, Economics, or a related field
• Advanced underwriting training preferred

Experience

• 5+ years of underwriting experience in various insurance products

Technical Skills

• Insurance Regulations
• Financial Acumen

Soft Skills

• Critical Thinking
• Negotiation

Certifications

• Certified Insurance Underwriter (CIU)
• Insurance Institute Diploma

Languages

• English: Fluent
• Xhosa: Basic

Advantageous

• Experience with data analytics tools: Proficiency in tools like Tableau or Power BI for data visualization.
• Familiarity with risk management frameworks: Understanding of risk management principles and frameworks.

Benefits

• Extensive health and wellness benefits
• 401(k) retirement plan with matching contributions
• Work-from-home options
• Continued education reimbursement

Company Culture

• Innovation: We encourage creative thinking and embrace new ideas to improve our services.
• Continuous Improvement: Our team is dedicated to ongoing professional development and enhancements.
• Employee Recognition: We believe in recognizing and rewarding the hard work of our employees.