Insurance Underwriter

Cape Town FULL TIME R25,000 - R37,500 / Month
(R300,000 - R450,000 / Year)

Job Description

As an Insurance Underwriter at Insurance Solutions SA, you'll play a key role in evaluating risks, determining policy terms, and ensuring our clients receive the best coverage. Your analytical skills and attention to detail will be essential in processing applications and ensuring compliance with regulations.

Responsibilities

  • Conduct thorough assessments of risk to determine policy terms.
  • Collaborate with cross-functional teams for smooth operations.
  • Identify new opportunities for risk management strategies.
  • Review market trends to stay competitive in underwriting practices.
  • Train and mentor junior underwriters in best practices.

Requirements

Education
  • Bachelor's degree in Business Administration or equivalent
  • Master's degree in Finance or Insurance is preferred
Experience
  • 5+ years of experience in the insurance industry
Technical Skills
  • Claims Management
  • Data Analysis
Soft Skills
  • Problem-Solving
  • Teamwork
Certifications
  • Fellow, Life Management Institute (FLMI)
  • Insurance Regulatory Compliance Certification
Languages
  • English: Fluent

Advantageous

  • Experience with risk management: Background in managing and evaluating insurance risk.
  • Proficiency in Microsoft Excel: Strong skills in data manipulation and financial modeling using Excel.

Benefits

  • Salary review annually
  • Performance bonuses based on targets achieved
  • Flexible working options
  • Support for continued education

Company Culture

  • Innovation: We embrace innovation and creativity, looking for new ways to improve our services.
  • Community Engagement: We are committed to giving back to the community through various outreach programs.
  • Work-Life Balance: We believe in maintaining a healthy work-life balance for our employees.
Status: Closed