Insurance Underwriter

Job Description

Join our Pretoria team as an Insurance Underwriter, where you will evaluate and assess risks associated with individual policies. Your analytical skills will assist in determining the terms and pricing of insurance coverage for our clients, ensuring their needs are met while mitigating our financial exposure. We seek innovative thinkers who can support our commitment to excellent service.

Responsibilities

• Analyze insurance applications and provide recommendations for approval or denial.
• Create customizable insurance solutions based on client needs and risk assessments.
• Collaborate with other departments to enhance the overall underwriting process.
• Evaluate current market trends to inform underwriting decisions.
• Draft policies and maintain accurate records of all applications.
• Identify potential risks and implement strategies to minimize financial exposure.
• Stay informed about amendments to legislation affecting insurance practices.
• Enhance relationships with clients through outstanding service delivery.
• Conduct regular audits of underwriting processes to ensure compliance with regulations.
• Participate in team meetings to share insights and improve procedures.

Requirements

Education

• Bachelor's degree in Business Administration or related field
• Insurance qualifications such as NQF Level 5 are preferred

Experience

• 5+ years of experience in underwriting or relevant financial services roles

Technical Skills

• Data Analysis
• Market Research

Soft Skills

• Leadership
• Negotiation Skills

Certifications

• Fellowship of the Insurance Institute

Languages

• English: Fluent
• Tswana: Conversational

Advantageous

• Familiarity with digital underwriting platforms: Experience with technology solutions in the underwriting process.
• Advanced statistical analysis skills: Ability to apply statistical methods to evaluate risk effectively.

Benefits

• Competitive salary with performance-based bonuses
• Comprehensive health and wellness benefits
• Pension fund contributions
• Opportunities for professional development

Company Culture

• Continuous Improvement: We're dedicated to ongoing development, encouraging team members to learn, grow, and innovate.
• Supportive Environment: Our workplace is designed to support professional and personal growth for all team members.
• Community Involvement: We believe in giving back to our community and participate in various outreach programs.