Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our team in Pretoria. The ideal candidate will be responsible for assessing risk, evaluating insurance applications, and determining coverage terms. Your analytical skills will be crucial in making sound underwriting decisions that balance risk with profitability.

Responsibilities

• Review insurance applications for completeness and accuracy.
• Analyze statistical data and financial reports to assess risks.
• Provide expert advice on coverage options and pricing to clients.
• Make informed decisions regarding policy issuance and renewals.
• Develop risk assessment models for various insurance categories.
• Conduct training sessions for new staff members.
• Collaborate with claims teams to resolve underwriting issues.
• Evaluate external factors that may impact risk assessments.

Requirements

Education

• Bachelor's degree in Risk Management or a related field

Experience

• 5+ years of experience in insurance underwriting

Technical Skills

• Underwriting Software Proficiency
• Regulatory Knowledge

Soft Skills

• Analytical Thinking
• Problem-Solving

Certifications

• Associate in Insurance Services (AIS)

Languages

• English: Fluent

Advantageous

• Familiarity with Data Analytics in Underwriting: Ability to use data analytics tools to enhance underwriting decisions.
• Leadership Experience: Prior experience in mentoring junior staff and leading projects.

Benefits

• Comprehensive health and dental insurance
• Incentives for continued education and professional development
• Work-life balance initiatives
• Employee assistance programs for health support

Company Culture

• Diversity: Diversity is at the heart of our company, and we promote an inclusive environment.
• Continuous Learning: We invest in our employees' growth with continuous training and learning opportunities.
• Customer Focus: We prioritize our clients' needs and work towards delivering exceptional service.