Underwriter - Durban - Insurance

Job Description

We are on the hunt for an experienced Underwriter to join our Durban team. In this role, you will assess risk, determine policy terms, and ensure that our underwriting process supports both client needs and company standards.

Responsibilities

• Review and process renewal applications, ensuring continued compliance.
• Conduct risk assessments using statistical techniques.
• Ensure effective communication of underwriting decisions to stakeholders.
• Prepare reports on underwriting performance and trends.
• Mentor and guide junior underwriters in risk analysis.
• Implement quality assurance measures in the underwriting process.
• Attend industry seminars and workshops to enhance knowledge.
• Work closely with the claims department to understand loss trends.

Requirements

Education

• Bachelor's degree in Insurance or related field
• Master's degree preferred

Experience

• 5+ years of experience in underwriting, particularly in property and casualty insurance

Technical Skills

• Policy Analysis
• Regulatory Knowledge

Soft Skills

• Problem-solving

Certifications

• Insurance Institute of South Africa (IISA) Certification

Languages

• English: Fluent

Advantageous

• Previous experience in a team lead role: Ability to guide junior underwriters and oversee their work.
• Strong networking skills: Ability to build relationships with brokers, agents, and industry professionals.

Benefits

• Health insurance coverage for you and your dependents
• Annual leave and paid sick leave
• Retirement fund with employer contributions
• Work-life balance initiatives

Company Culture

• Innovation Driven: Innovation is at the heart of what we do, and we encourage new ideas.
• Employee Empowerment: We empower employees to take ownership of their work and contribute to the company’s success.
• Adaptability: We encourage adaptability to respond to changing market needs and challenges.