Insurance Underwriter

Job Description

As an Insurance Underwriter with Insurance Services Ltd., you will assess risks and determine the terms of insurance policies. The ideal candidate will have a keen eye for detail and the ability to analyze data to make sound underwriting decisions.

Responsibilities

• Assess applications for insurance coverage based on risk assessment.
• Review statistical data and market reports to set premiums.
• Work with sales teams to deliver tailored insurance solutions.
• Prepare and present underwriting recommendations to management.
• Monitor existing policies for renewals and modifications.
• Advise clients on risk management strategies.
• Conduct regular audits of underwriting practices.

Requirements

Education

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

Experience

• 3-5 years of experience in insurance underwriting

Technical Skills

• Risk Assessment
• Data Analysis

Soft Skills

• Critical Thinking
• Communication

Certifications

• Certified Insurance Underwriter (CIU)
• Chartered Insurance Institute (CII) qualification

Languages

• English: Fluent

Advantageous

• Familiarity with underwriting software: Experience using software tools to streamline underwriting processes.
• Knowledge of legal regulations in the insurance industry: Understanding of laws and regulations governing insurance practices.

Benefits

• Competitive salary and performance bonuses
• Health and wellness benefits
• Retirement savings plan
• Opportunities for professional development

Company Culture

• Teamwork: We believe in the power of collaboration and encourage team-oriented projects.
• Innovation: We foster a culture of innovation and welcome new ideas from all employees.
• Transparency: Open communication is key to our success, and we maintain transparency with our team.