Insurance Underwriter

Job Description

We are looking for an experienced Insurance Underwriter to join our team in Durban. Your role will involve analyzing risks, developing policy terms, and collaborating closely with agents and clients to drive business growth.

Responsibilities

• Analyze policy applications and assess potential risks involved.
• Develop and adjust underwriting guidelines based on market trends.
• Collaborate with the sales team to provide support on complex accounts.
• Evaluate financial stability and credibility of clients through research.
• Actively participate in team meetings to share insights and strategies.
• Manage relationships with brokers and agents effectively.
• Keep records of decisions and maintain an accurate case management system.
• Review industry trends to inform risk assessments and pricing strategies.

Requirements

Education

• Bachelor's degree in Risk Management or related discipline

Experience

• 5+ years of experience working in underwriting or insurance

Technical Skills

• Advanced Risk Analysis
• Policy Writing

Soft Skills

• Analytical Thinking
• Interpersonal Skills

Certifications

• Associate in Commercial Underwriting (AU)
• Risk Management Professional (RMP)

Languages

• English: Fluent

Advantageous

• Familiarity with Insurance Software: Experience using software applications related to underwriting and risk assessment.
• Knowledge of Legal Guidelines: Understanding South African insurance laws and regulations.

Benefits

• Attractive remuneration package
• Robust health and wellness programs
• Generous leave policy including family emergencies
• Continued education and training subsidies
• Supportive team environment

Company Culture

• Diversity and Inclusion: We celebrate diversity and are committed to creating a workplace that upholds everyone’s unique contributions.
• Collaboration: Teamwork is at the core of our operations; we rely on each other to achieve our goals.
• Transparency and Integrity: We promote transparency in our processes and maintain integrity in our client interactions.