Insurance Underwriter

Job Description

Join us as an Insurance Underwriter in Durban! In this role, you will analyze insurance applications, assess risks, and decide on coverage options. Your expertise will contribute to ensuring our clients are well protected.

Responsibilities

• Conduct thorough risk assessments and evaluations.
• Set policy limits and premium rates based on risk assessments.
• Collaborate with the sales team to streamline application processes.
• Analyze data to identify potential risks and recommend solutions.
• Guide clients on insurance requirements and coverage options.
• Participate in continuous training and development.
• Assist in developing underwriting guidelines and policies.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or related field
• Insurance-related qualifications (e.g., FAIS compliance) preferred

Experience

• Minimum of 3 years experience in underwriting or related field

Technical Skills

• Risk Assessment
• Financial Analysis

Soft Skills

• Attention to Detail
• Communication

Certifications

• Chartered Insurance Institute (CII) qualifications
• Professional Risk Manager (PRM) certification

Languages

• English: Fluent

Advantageous

• Experience with underwriting software tools: Familiarity with industry-standard underwriting software for improved efficiency.
• Knowledge of industry laws and regulations: Understanding of relevant insurance laws and compliance standards.

Benefits

• Health, dental, and vision coverage
• Pension fund with employer contributions
• Generous leave policy
• Professional development opportunities

Company Culture

• Teamwork: We believe in the power of collaboration to drive innovation and success.
• Integrity: Honesty and transparency are at the core of our values.
• Diversity: We promote a diverse workforce and an inclusive workplace environment.