Insurance Underwriter

East London FULL TIME R25,000 - R37,500 / Month
(R300,000 - R450,000 / Year)

Job Description

We are in search of a meticulous Insurance Underwriter based in East London. This role involves assessing risks and pricing insurance policies. The ideal candidate will have a knack for numbers, excellent analytical skills, and a keen attention to detail. You'll work closely with clients to evaluate their needs and provide tailored insurance solutions.

Responsibilities

  • Review and analyze clients' insurance needs and financial statuses.
  • Execute underwriting policies and best practices.
  • Prepare detailed reports on risk assessments and decisions.
  • Collaborate with claims department regarding underwriting issues.
  • Assist in drafting insurance policy documentation.
  • Stay updated with market conditions affecting underwriting.
  • Assist in mentoring and training junior staff.
  • Conduct audits of existing policies to ensure compliance.
  • Evaluate reinsurance needs and coverage.

Requirements

Education
  • Bachelor's degree in a quantitative field is preferred
  • Master's degree in Business Administration is advantageous
Experience
  • 5+ years of insurance underwriting experience
Technical Skills
  • Data Analysis
  • Insurance Regulations
Soft Skills
  • Teamwork
  • Time Management
Certifications
  • Fellow of the Casualty Actuarial Society (FCAS)
  • Professional Risk Manager (PRM)
Languages
  • English: Fluent

Advantageous

  • Familiarity with advanced analytics tools: Experience with predictive modeling and analytics.
  • Experience in project management: Ability to lead projects and coordinate with teams.

Benefits

  • Health and wellness programs
  • Annual bonuses and incentives
  • Flexible work arrangements
  • Support for continuing education

Company Culture

  • Growth Mindset: We believe in continual growth and development for our employees.
  • Respect and Inclusion: Diversity is valued and embraced across all levels of the organization.
  • Customer Focus: We put our customers at the forefront of everything we do.
Status: Closed