Insurance Underwriter

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

Job Description

As an Insurance Underwriter, you'll be responsible for assessing risk and making informed decisions on insurance applications. Your expertise will help shape the company’s underwritten portfolio while working closely with various stakeholders to ensure premium rates reflect the risk associated. If you have strong analytical skills and a commitment to client satisfaction, we want to hear from you!

Responsibilities

  • Conduct thorough risk assessments on insurance submissions.
  • Make informed decisions on policy terms and pricing.
  • Develop and maintain relationships with clients and stakeholders.
  • Ensure compliance with industry regulations and company policies.
  • Participate in regular training and development to stay updated on market trends.

Requirements

Education
  • Bachelor's degree in Business Administration or related field
  • Advanced certification in risk management is a plus
Experience
  • 3-5 years of experience in insurance or related field
Technical Skills
  • Data Analysis
  • Insurance Coding Software
Soft Skills
  • Negotiation Skills
  • Organizational Skills
Certifications
  • Fellow of the Insurance Institute (FII)
Languages
  • English: Fluent

Advantageous

  • Familiarity with niche insurance markets: Prior experience in specialized areas of insurance will be beneficial.
  • Experience with data analytics tools: Hands-on experience with tools that assist in risk assessment and management.

Benefits

  • Performance-based bonuses and salary increments.
  • Comprehensive health benefits for you and your family.
  • Retirement savings and investment opportunities.
  • Flexible working hours with a supportive culture.
  • Access to training and certification programs.

Company Culture

  • Innovation Focus: Encouraging new ideas and innovative thinking across all levels, we thrive on fresh perspectives.
  • Team-Building: Regular team-building activities to strengthen relationships and enhance collaboration.
  • Work-Life Balance: We value work-life balance and provide flexible working arrangements whenever possible.
Status: Open