Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our dynamic team in Pretoria. As an Underwriter, you will evaluate risks and determine suitable coverage policies for potential clients. Your role will involve analyzing client information, assessing risk factors, and working closely with agents to offer tailored insurance solutions.

Responsibilities

• Assess risk by analyzing client information, including credit reports and financial statements.
• Set coverage limits based on risk assessment and company guidelines.
• Engage with clients to clarify applications and gather further information.
• Review claims processing for accuracy and suggest adjustments as necessary.
• Conduct market research to stay current with trends and competitor offerings.
• Collaborate with actuarial teams to refine risk models and improve pricing strategies.
• Participate in training sessions to enhance underwriting skills and industry knowledge.
• Write underwriting memos explaining decisions for approval processes.
• Coordinate with the sales team to provide tailored insurance solutions.
• Assist in the quality assurance program for underwriting processes.

Advantageous

• Familiarity with underwriting software and tools: Experience with underwriting management systems to streamline processes.
• Knowledge of legislation impacting insurance underwriting: Understanding of local regulatory requirements in the insurance sector.

Benefits

• Competitive salary and performance bonuses
• Medical aid and provident fund contributions
• Flexible work hours and the possibility of hybrid work
• Professional development opportunities and training programs

Company Culture

• Teamwork: We promote a culture of teamwork and collaboration, valuing each other's insights and contributions.
• Innovation: We encourage innovative thinking to develop unique insurance solutions.
• Integrity: Committed to ethical practices and transparency in dealings.