Insurance Underwriter

Job Description

As an Insurance Underwriter at our company in Pretoria, you will play a crucial role in evaluating insurance applications and determining risk. Your expertise will guide the underwriting process, ensuring that we provide competitive products while maintaining profitability.

Responsibilities

• Conduct thorough risk assessments on insurance applications.
• Work closely with the sales team to ensure smooth application processes.
• Adhere to company policies and industry regulations in all underwriting practices.
• Use data analytics tools to support decision-making.
• Regularly review underwriting policies for improvements.
• Assist in developing new insurance products.
• Communicate policy explanations and decisions to clients.

Requirements

Education

• Bachelor's degree in Risk Management, Finance, or relevant area
• Relevant insurance qualification preferred

Experience

• 5+ years of experience in underwriting or related insurance field

Technical Skills

• Insurance Regulations
• Claims Evaluation

Soft Skills

• Negotiation
• Teamwork

Certifications

• Fellow of the Society of Actuaries (FSA)
• Insurance Institute of South Africa (IISA) certification

Languages

• English: Fluent
• Zulu: Conversational

Advantageous

• Strong networking skills: Ability to build and maintain relationships with brokers and clients.
• Previous experience in claims handling: Insight into claims processes beneficial for underwriting.

Benefits

• Excellent pension plan contributions
• Health, dental, and life insurance coverage
• Employee assistance programs
• Opportunities for career advancement within the company

Company Culture

• Inclusivity: We value diversity and strive to create an inclusive atmosphere for all employees.
• Professional Growth: We support continuous learning and professional development for our team.
• Community Engagement: Engagement with the local community through various initiatives is important to us.