Insurance Underwriter

Job Description

As an Insurance Underwriter in our Pretoria office, you will be responsible for evaluating insurance applications, analyzing risks, and underwriting policies. The ideal candidate will have a customer-oriented mindset and a keen analytical ability to assess risks. This position is essential for enabling our clients to secure their financial futures through customized insurance products.

Responsibilities

• Review and analyze complex insurance applications for underwriting decisions.
• Collaborate with legal and compliance teams to ensure policies meet regulatory requirements.
• Advise clients on insurance coverage options and policy terms.
• Write up thorough and accurate reports on underwriting decisions.
• Maintain accurate records of applications and claims.
• Participate in training and development initiatives to enhance underwriting skills.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or related field

Experience

• 3-5 years of experience in insurance underwriting or similar roles

Technical Skills

• Risk Assessment
• Data Analysis

Soft Skills

• Attention to Detail
• Communication Skills

Certifications

• Professional Risk Manager (PRM)
• Insurance Industry Certifications (CII, FPI)

Languages

• English: Fluent
• Afrikaans: Conversational

Advantageous

• Familiarity with underwriting software (e.g., Guidewire): Experience with industry-standard software enhancing underwriting efficiency.
• Background in claims management: Understanding of claims processes to better evaluate risks.

Benefits

• Competitive salary with annual increases
• Medical aid and retirement fund contributions
• Professional development opportunities
• Flexible working hours and leave policy

Company Culture

• Team-Oriented Environment: We promote teamwork and collaboration within our underwriting department.
• Commitment to Development: We invest in our employees' professional growth and continuous learning.
• Diversity and Inclusion: Our company celebrates diversity and fosters an inclusive workplace.