Insurance Underwriter

Job Description

The Insurance Underwriter position in Port Elizabeth offers an exciting opportunity for those looking to advance their careers in the insurance sector. You will work closely with clients to analyze risk and develop customized insurance solutions tailored to their needs.

Responsibilities

• Conduct thorough assessments of insurance risks.
• Develop tailored insurance packages for clients.
• Engage with clients to clarify details about their applications.
• Work closely with claims assessors to ensure policy consistency.
• Identify trends and patterns in applications for future policy development.
• Conduct ongoing education on risk management strategies.
• Adjust policies to respond to changing market conditions.
• Communicate effectively with all stakeholders involved in the underwriting process.
• Utilize data analytics to inform underwriting decisions.
• Support the strategic objectives of the underwriting department.

Requirements

Education

• Bachelor's degree in a relevant field
• Master's degree in Business or Finance is a plus

Experience

• 5+ years of experience in underwriting or insurance

Technical Skills

• Policy Writing
• Regulatory Knowledge

Soft Skills

• Negotiation
• Analytical Thinking

Certifications

• Fellow of the Society of Actuaries (FSA)
• Certified Risk Management Professional (CRMP)

Languages

• English: Fluent

Advantageous

• Proficiency in underwriting software: Experience using industry-standard underwriting software to streamline processes.
• Strong networking skills: Ability to develop relationships within the industry for better collaboration.

Benefits

• Comprehensive health coverage
• Retirement savings plan with employer match
• Work-life balance initiatives
• Employee recognition programs

Company Culture

• Innovation Driven: We prioritize innovative approaches to problem-solving.
• Employee Well-being: Well-being initiatives are central to our workplace ethos.
• Community Engagement: We actively engage with the community and participate in social responsibility programs.