Insurance Underwriter

Job Description

Join us as an Insurance Underwriter, where you'll apply your analytical skills and industry knowledge to assess risks and develop suitable insurance policies. The position offers an opportunity to enhance your career in a dynamic and supportive environment.

Responsibilities

• Evaluate insurance applications to determine coverage eligibility.
• Analyze risks associated with potential clients and adjust policies accordingly.
• Collaborate with agents to gather all necessary documentation.
• Determine appropriate insurance premiums based on risk assessment.
• Maintain and update records of insurance policies and clients.
• Assist in communicating decisions and policy terms to clients and agents.
• Develop and implement underwriting guidelines and standards.
• Monitor industry trends to ensure accurate risk assessments.
• Provide training and support to junior underwriters.

Requirements

Education

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

Experience

• 3-5 years of experience in insurance underwriting

Technical Skills

• Risk Assessment
• Microsoft Excel
• Data Analysis

Soft Skills

• Critical Thinking
• Communication

Certifications

• Associate in Commercial Underwriting (AU)
• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent

Advantageous

• Experience in commercial underwriting: Background in underwriting commercial insurance policies preferred.
• Familiarity with regulatory requirements: Understanding of compliance and regulatory standards in the insurance industry.

Benefits

• Comprehensive health and dental insurance
• Retirement savings plan with employer contributions
• Paid leave and public holidays
• Opportunities for professional development

Company Culture

• Integrity: Our team values honesty and transparency in all dealings.
• Collaboration: We believe in teamwork and fostering strong relationships.
• Innovation: We encourage creative solutions and innovative thinking.