Insurance Underwriter

Job Description

As an Insurance Underwriter in our Durban office, you will be responsible for reviewing proposals, assessing risk, and setting policy terms. Your work will be vital in maintaining profitability while ensuring our clients receive the best protection.

Responsibilities

• Assess risk by reviewing financial statements, loss histories, and credit information.
• Collaborate with the sales team to create tailored insurance offerings.
• Identify potential areas of risk to help the company manage and mitigate losses.
• Participate in underwriting audits and present findings.
• Provide training and guidance to junior underwriters on best practices and policies.

Requirements

Education

• Bachelor's degree in finance, business, or related field
• Insurance-related certification (e.g., AINS, CIC) is preferred

Experience

• 3+ years of experience in insurance underwriting or related field

Technical Skills

• Risk Analysis
• Policy Pricing
• Regulatory Compliance

Soft Skills

• Communication
• Attention to Detail
• Critical Thinking

Certifications

• CPCU (Chartered Property Casualty Underwriter)
• AINS (Associate in National Insurance)

Languages

• English: Fluent

Advantageous

• Experience with underwriting software: Familiarity with industry-specific software and technology.
• Advanced Excel skills: Proficiency in Excel for data analysis and reporting.

Benefits

• Competitive salary with performance bonuses
• Medical aid and wellness programs
• Retirement savings plan with company match
• Generous leave policy and flexible working arrangements
• Ongoing professional development and training

Company Culture

• Inclusivity: We believe in fostering an inclusive workplace where all employees feel valued and respected.
• Support for Growth: We encourage continual learning and personal development in our team.
• Team Collaboration: Our workforce believes in collaborating to achieve goals and share knowledge.