Insurance Underwriter

Job Description

As an Insurance Underwriter joining our Durban office, you will assess, analyze, and underwrite various insurance applications. This role requires expertise in risk assessment and the ability to communicate effectively with clients to ensure comprehensive evaluations.

Responsibilities

• Underwrite policies in accordance with company guidelines and industry standards.
• Work with actuaries to establish appropriate premium calculations.
• Remain abreast of advances in underwriting technology and tools.
• Participate in audits and compliance reviews to ensure adherence to company policies.
• Prepare reports on underwriting performance metrics and trends.

Requirements

Education

• Bachelor's degree in Business Administration or a related field
• Certifications in underwriting or insurance specialties are advantageous

Experience

• 5+ years in underwriting or related insurance fields

Technical Skills

• Statistical Analysis
• Policy Documentation

Soft Skills

• Negotiation Skills
• Client Relations

Certifications

• Associate in Commercial Underwriting (AU)
• Certified Insurance Counselor (CIC)

Languages

• English: Fluent

Advantageous

• Proficient in emerging technologies in insurance: Understanding of latest tech trends affecting the insurance sector.
• Experience with automation tools in underwriting processes: Skill in using tools that streamline underwriting functions.

Benefits

• Comprehensive healthcare and dental plans
• Generous leave policies including family leave
• Ongoing training and certification support
• Employee wellness and engagement programs

Company Culture

• Customer-Centric Approach: We prioritize client needs and work to provide tailored solutions.
• Diversity and Inclusion: Diversity is crucial to our success and we welcome diverse backgrounds and perspectives.
• Community Engagement: Our company actively engages with local communities and supports various initiatives.