Insurance Underwriter

Job Description

As an Insurance Underwriter, you will be responsible for evaluating insurance applications and determining risk levels. This role requires a thorough understanding of the insurance industry and the ability to make informed decisions regarding policy issuance and renewals.

Responsibilities

• Review applications for completeness and accuracy.
• Develop risk assessment models and tools.
• Maintain accurate records of all underwriting activities.
• Collaborate with sales teams to optimize customer satisfaction.
• Participate in underwriting committees and meetings.
• Provide input on new product development and enhancements.
• Maintain confidentiality of sensitive client information.
• Assess and adjust underwriting procedures as needed.
• Engage in professional development and continuous learning.
• Deliver presentations on underwriting metrics and findings.

Requirements

Education

• Relevant professional qualification is preferred

Experience

• 3-7 years of experience in underwriting or insurance sales

Technical Skills

• Data Analysis
• Financial Acumen

Soft Skills

• Interpersonal Skills
• Negotiation Skills

Certifications

• Insurance Institute of South Africa (IISA) Certification
• Fellow, Chartered Insurance Institute (FCII)

Languages

• English: Fluent

Advantageous

• Familiarity with insurance market trends: Awareness of current trends affecting the insurance industry.
• Proficiency in data visualization tools: Experience using software for data analysis and presentation.

Benefits

• Health, dental, and vision insurance.
• Generous paid time off policy.
• Employee wellness programs.
• Training and development support.
• Work-life balance initiatives.

Company Culture

• Career Growth: We are committed to providing ample opportunities for career advancement and personal development.
• Work-Life Balance: We promote a healthy work-life balance with flexible scheduling options.
• Employee Engagement: We encourage employee feedback and involvement in decision-making processes.