Insurance Underwriter

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

Job Description

We are seeking a detail-oriented Insurance Underwriter to assess risks and determine coverage options for our clients. The ideal candidate will possess strong analytical skills and a solid understanding of the insurance industry. You'll play a critical role in ensuring our clients receive the best possible coverage while adhering to our company policies.

Responsibilities

  • Conduct risk assessments for new insurance policies.
  • Work closely with clients to understand their coverage needs.
  • Identify trends and improvements in underwriting processes.
  • Assist in the development of new insurance products.
  • Ensure compliance with industry regulations and company standards.
  • Train and mentor new staff on underwriting practices.
  • Engage with industry professionals to build networking opportunities.
  • Contribute to marketing initiatives to attract new clients.

Requirements

Education
  • Bachelor's degree in Business Administration or Economics
  • Graduate qualifications in Finance or Insurance are advantageous
Experience
  • 3-6 years of insurance underwriting experience
Technical Skills
  • Data Analysis
  • Policy Writing
Soft Skills
  • Problem-solving
  • Negotiation Skills
Certifications
  • Fellow of the Chartered Insurance Institute
  • Certified Insurance Counselor (CIC)
Languages
  • English: Fluent

Advantageous

  • Continuous professional development: Participation in ongoing training and workshops in underwriting practices.
  • Strong network within the industry: Connections with agents and industry professionals for better outreach.

Benefits

  • Comprehensive health coverage including dental and vision
  • Generous leave policies and paid time off
  • Professional development opportunities and training
  • Employee assistance programs for mental health support

Company Culture

  • Continuous Improvement: We encourage our team members to pursue ongoing learning and growth, both personally and professionally.
  • Collaboration: Our workplace thrives on teamwork and collective success, fostering collaboration across all departments.
Status: Closed