Underwriter

Durban FULL TIME R29,167 - R37,500 / Month
(R350,000 - R450,000 / Year)

Job Description

As an Underwriter at Insurance Solutions Ltd., you will play a vital role in our underwriting team. Your responsibilities will include analyzing risk data, making recommendations on policies, and ensuring compliance with industry standards. The ideal candidate will have excellent communication skills and a proactive approach to problem-solving.

Responsibilities

  • Compile and analyze data to assess risk for potential and existing clients.
  • Advise clients on policy details and underwriting decisions.
  • Utilize underwriting software to document findings and decisions.
  • Review and update underwriting guidelines as necessary to meet changing market conditions.
  • Support marketing initiatives by providing underwriting expertise for promotional activities.
  • Conduct site visits and evaluations as required for high-risk policies.
  • Maintain accurate and organized records of transactions and risk assessments.
  • Participate in cross-functional meetings to enhance underwriting processes.

Requirements

Education
  • Bachelor's degree in Finance, Business Administration or related field
  • Relevant certifications (e.g., Chartered Insurance Institute qualifications) are a plus
Experience
  • 3-5 years of experience in underwriting or relevant field
Technical Skills
  • Risk assessment
  • Analytical skills
  • Insurance software proficiency
Soft Skills
  • Attention to detail
  • Communication skills
Languages
  • English: Fluent
  • Afrikaans: Proficient

Benefits

  • Competitive salary and performance bonuses
  • Health, dental, and vision insurance
  • Retirement savings plans
  • Paid time off and holidays

Company Culture

  • Team-oriented environment: We believe in collaboration and encourage team-oriented project work to achieve our goals.
  • Commitment to diversity: We are dedicated to fostering an inclusive culture where diverse perspectives are valued and celebrated.
  • Continuous growth: Employees are encouraged to engage in continuous professional development and training.
Status: Closed