Insurance Underwriter

Durban FULL TIME R20,000 - R25,000 / Month
(R240,000 - R300,000 / Year)

Job Description

Seeking a dynamic Insurance Underwriter to evaluate and analyze client information to provide comprehensive insurance solutions. The successful candidate will ensure sound risk assessment practices are adhered to.

Responsibilities

  • Evaluate client financials and claims history.
  • Negotiate terms with clients and brokers.
  • Utilize underwriting software to assess and track applications.
  • Prepare detailed reports on underwriting activities.
  • Ensure adherence to regulatory standards.
  • Provide mentorship to junior underwriters.
  • Coordinate with the claims department regarding policy interpretations.
  • Identify opportunities for process improvements.

Requirements

Education
  • Bachelor's degree in Finance, Business Administration or related field
Experience
  • 3+ years of experience in underwriting or related field
Technical Skills
  • Analytical Skills
  • Financial Acumen
Soft Skills
  • Communication
  • Attention to Detail
Certifications
  • Chartered Insurance Underwriter (CII)
  • AAIS (American Association of Insurance Services) Certification
Languages
  • English: Fluent

Advantageous

  • Experience with insurance underwriting software: Proficient in using software tools relevant to underwriting.
  • Familiarity with regulatory requirements: Knowledge of relevant insurance regulations.

Benefits

  • Competitive salary and performance bonuses
  • Medical and dental aid plans
  • Retirement savings plan
  • Employee training and development programs

Company Culture

  • Team Spirit: We foster a culture where team collaboration is at the core of our operations.
  • Professional Growth: We offer continuous professional development opportunities to enhance skills.
  • Work-Life Balance: We value work-life balance and strive to create a supportive work environment.
Status: Open