Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our skilled team in Durban. This role involves evaluating insurance applications, assessing risks, and determining coverage terms. The ideal candidate will possess a strong analytical mindset and the ability to communicate effectively with clients and agents.

Responsibilities

• Evaluate insurance applications to assess risk and determine coverage and premiums.
• Review and analyze data related to clients' insurance history.
• Collaborate with agents and clients to clarify information and manage expectations.
• Assist in developing policies tailored to client needs.
• Maintain up-to-date knowledge of industry regulations and trends.
• Communicate effectively with clients regarding the underwriting process.
• Enhance existing underwriting processes for efficiency.

Requirements

Education

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

Experience

• 5+ years of experience in underwriting roles or related fields

Technical Skills

• Data Analysis
• Policy Compliance

Soft Skills

• Problem-solving
• Customer Service

Certifications

• Certified Insurance Counselor (CIC)
• Fellow of the Chartered Insurance Institute (FCII)

Languages

• English: Fluent

Advantageous

• Experience with policy management software: Familiarity with tools that assist in managing insurance policies.
• Knowledge of regulatory compliance standards: Understanding of local laws and guidelines affecting insurance underwriting.

Benefits

• Competitive salary with bonuses based on performance
• Medical aid and retirement benefits
• Professional development opportunities
• Work-life balance practices

Company Culture

• Teamwork: We emphasize the importance of collaboration and teamwork to succeed in our operational goals.
• Growth Mindset: Our company promotes continuous learning and career advancement in the insurance field.
• Integrity: We operate in a culture of trust and transparency, delivering on our promises to clients.