Underwriter

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

Job Description

In your role as an Underwriter, you'll review applications and determine the acceptability of risks, while assisting our clients in crafting tailored insurance solutions. This is a pivotal role that directly impacts our portfolio and client satisfaction.

Responsibilities

  • Identify and evaluate emerging risks in the insurance landscape.
  • Advise clients on risk management strategies.
  • Work closely with actuaries to refine pricing and policy terms.
  • Assist in developing new products based on market demand.
  • Prepare and deliver presentations to stakeholders when necessary.
  • Support cross-departmental initiatives to improve underwriting processes.
  • Coordinate with compliance teams to ensure adherence to regulations.
  • Adjust policy wording based on risk levels and client feedback.

Requirements

Education
  • Bachelor's degree in relevant field such as Business Administration or Risk Management
Experience
  • 3-6 years of experience in insurance underwriting
Technical Skills
  • Decision Making
  • Financial Analysis
Soft Skills
  • Attention to Detail
  • Teamwork
Certifications
  • Fellow of the Insurance Institute (FII)
  • Certified Risk Manager (CRM)
Languages
  • English: Fluent

Advantageous

  • Exposure to diverse insurance products: Experience with various types of insurance segments, including property, liability, and life insurance.
  • Networking skills within the industry: Established connections with professionals in the insurance sector.

Benefits

  • Flexible working hours with optional remote work arrangements
  • Retirement savings plan with company match
  • Employee assistance programs
  • Opportunities for career advancement in underwriting and risk management

Company Culture

  • Professional Growth: We support our employees in their career journeys with ample development programs.
  • Respect and Inclusion: We celebrate diversity and foster an inclusive environment.
  • Work-Life Balance: We promote a healthy balance between work and personal commitments.
Status: Closed