Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter in Durban. In this vital role, you will assess insurance applications and underwriting risks, ensuring that our company's standards and policies are upheld. Strong attention to detail and analytical skills are essential.

Responsibilities

• Review and assess insurance applications for completeness and accuracy.
• Determine appropriate coverage terms and conditions based on risk evaluation.
• Calculate premiums and interpret underwriting guidelines to establish pricing.
• Collaborate with agents and clients to address insurance-related inquiries.
• Monitor and manage existing policies to ensure adherence to underwriting practices.
• Stay updated on market trends and regulations affecting the insurance industry.

Requirements

Education

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

Experience

• Minimum of 3 years experience in underwriting or related insurance roles

Technical Skills

• Risk Assessment
• Regulatory Knowledge

Soft Skills

• Analytical Thinking
• Attention to Detail

Languages

• English: Fluent
• Afrikaans: Basic

Advantageous

• Associate in Commercial Underwriting (ACU): Professional certification demonstrating expertise in underwriting practices.
• Knowledge of claims processing: Understanding the claims process and its impact on underwriting.

Benefits

• Competitive salary package
• Health, dental, and vision insurance
• Retirement savings plan with company contribution
• Opportunities for professional development
• Work-life balance initiatives

Company Culture

• Teamwork: We believe in fostering a collaborative and supportive team environment.
• Professional Growth: We encourage continuous improvement and provide training opportunities.
• Inclusivity: Our team values diversity and strives to create an inclusive culture.