Underwriter

Cape Town FULL TIME R29,167 - R41,667 / Month
(R350,000 - R500,000 / Year)

Job Description

As an Underwriter, you will assess risks for various insurance applications and proposals. Your role will be crucial in determining the terms and pricing of insurance policies while ensuring adherence to company standards. The ideal candidate will have strong analytical skills and a thorough understanding of the insurance market.

Responsibilities

  • Review client information and risk assessments to underwrite new policies.
  • Maintain thorough documentation of underwriting processes.
  • Seek approval for high-risk policies and communicate with stakeholders.
  • Provide training and support to junior underwriters.
  • Ensure compliance with company policies and industry regulations.

Requirements

Education
  • Relevant certifications (e.g., AIC, CPCU) are advantageous
Experience
  • 5+ years in underwriting or risk assessment roles
Technical Skills
  • Negotiation
  • Regulatory Compliance
Soft Skills
  • Critical Thinking
  • Team Collaboration
Languages
  • English: Fluent

Advantageous

  • Experience with risk modeling tools: Familiarity with tools used for risk assessment and modeling.
  • Proficiency in Microsoft Excel and data analysis software: Expertise in using Excel and associated analytical tools.
Status: Open