Insurance Underwriter

Job Description

As an Insurance Underwriter, you will evaluate insurance applications and assess risks. Your role will involve close communication with clients and stakeholders to determine the appropriate coverages.

Responsibilities

• Evaluate insurance applications and calculate risks based on individual cases.
• Collaborate with agents and clients to gather necessary information.
• Determine appropriate coverage limits and pricing for policies.
• Review and assess underwriting guidelines and ensure compliance.
• Monitor and analyze claims history and develop strategies to reduce potential risks.
• Keep detailed records and documentation for all underwriting decisions.
• Participate in training and development activities to stay updated with regulations.

Requirements

Education

• Bachelor's degree in Finance, Business, or a related field

Experience

• 3+ years of experience in underwriting or risk assessment in insurance

Technical Skills

• Risk Assessment
• Analytical Skills

Soft Skills

• Communication
• Negotiation

Certifications

• Associate in Underwriting (AU)
• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent

Advantageous

• Experience with underwriting software: Knowledge of specific underwriting technologies and software used in the industry.
• Familiarity with regulatory compliance in the insurance sector: Understanding of legal requirements in underwriting.

Benefits

• Medical aid and comprehensive health insurance
• Pension fund contribution
• Employee wellness programs
• Flexible working environment

Company Culture

• Team Collaboration: We value teamwork and encourage our employees to work together to achieve common goals.
• Professional Growth: We support our employees' career development through various training programs.
• Diversity and Inclusion: We strive to create a diverse workplace where everyone feels welcome and included.