Insurance Underwriter

Durban Full-Time R25,000 - R33,333 / Month
(R300,000 - R400,000 / Year)

Job Description

As an Insurance Underwriter at Leading Insurance Co., your primary responsibilities will include reviewing applications and assessing risk factors to determine policy terms and pricing. The ideal candidate brings a blend of analytical skills and a strong customer service focus, enhancing our relationships with clients.

Responsibilities

  • Prepare reports and documentation for management.
  • Utilize underwriting software and tools efficiently.
  • Assess the need for additional information before making decisions.
  • Work with the risk management team to mitigate potential risks.
  • Evaluate reinsurance requirements as necessary.
  • Lead discussions on complex underwriting cases.

Requirements

Education
  • Bachelor’s degree in Risk Management or related field
Experience
  • 5+ years of experience in underwriting preferred
Technical Skills
  • Policy Management
  • Financial Acumen
Soft Skills
  • Problem-solving
  • Team Collaboration
Certifications
  • Fellow of the Casualty Actuarial Society (FCAS)
Languages
  • English: Fluent

Advantageous

  • Familiarity with Regulatory Compliance: Understanding of compliance frameworks applicable to the insurance industry.
  • Experience in Risk Management: Background in risk management practices and methodologies.

Benefits

  • Comprehensive health insurance plan.
  • Pension scheme with company contribution.
  • Paid time off and holidays.
  • Professional development opportunities and training.

Company Culture

  • Innovation Drive: We encourage innovative thinking to solve complex problems and improve our services.
  • Work-Life Balance: We strive to maintain a healthy work-life balance for all employees.
  • Supportive Environment: Our culture is supportive and inclusive, where every member is valued.
Status: Open