Insurance Underwriter

Job Description

We are on the lookout for a meticulous Insurance Underwriter to join our dynamic team in Durban. As an Insurance Underwriter, your primary responsibility will involve evaluating insurance applications, assessing risks, and determining appropriate coverage options. You'll collaborate closely with agents and clients to provide insights into policy details while ensuring the company remains competitive in the market. Your analytical skills will be vital in making informed decisions that affect our clients' security.

Responsibilities

• Assess risk factors and gather additional information for complex insurance requests.
• Collaborate with the sales team to ensure policies are tailored to client needs.
• Negotiate terms and conditions with clients when necessary.
• Monitor underwriting processes to improve efficiency and profitability.
• Complete regular reviews of underwriting guidelines to ensure compliance with regulations.
• Participate in training and development sessions to keep up-to-date with industry changes.
• Provide exceptional service to clients and agents throughout the underwriting process.

Requirements

Education

• Bachelor's degree in Business Administration or Risk Management
• Master's degree in a related field is an advantage.

Experience

• 4+ years of experience in underwriting within the insurance industry

Technical Skills

• Data Analysis Software
• Decision-making

Soft Skills

• Negotiation
• Teamwork

Certifications

• Associate in Commercial Underwriting (ACU)

Languages

• English: Fluent

Advantageous

• Experience in commercial underwriting: Hands-on experience with commercial insurance policies and clientele.
• Advanced negotiation skills: Proficiency in negotiating complex insurance contracts.

Benefits

• Comprehensive medical and dental coverage
• Retirement savings plan with company contribution
• Flexible working hours
• Training and development opportunities

Company Culture

• Innovative Thinking: We encourage our employees to be innovative and drive solutions for complex problems.
• Work-Life Balance: We prioritize work-life balance to nurture happy and productive employees.
• Community Engagement: Our company values are tied to community engagement and corporate social responsibility.