Insurance Underwriter

Job Description

Join our team in Durban as an Insurance Underwriter, where you will use your analytical skills to assess the risks associated with insurance applications. Your expertise will help streamline our underwriting process and contribute to the overall success of our insurance offerings.

Responsibilities

• Review and assess applications for various insurance policies, including life, health, and property.
• Develop and implement underwriting guidelines and procedures.
• Communicate with agents and clients to explain underwriting decisions and rationales.
• Identify emerging risks or trends that may impact underwriting policies.
• Monitor existing accounts for changes in risk and ensure policies remain profitable.

Requirements

Education

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

Experience

• 3+ years of experience as an insurance underwriter

Technical Skills

• Risk Assessment
• Data Analysis

Soft Skills

• Attention to Detail
• Communication

Certifications

• Chartered Property Casualty Underwriter (CPCU)

Languages

• English: Fluent

Advantageous

• Experience with insurance software systems: Familiarity with underwriting management programs to optimize performance.
• Knowledge of reinsurance principles: Understanding of reinsurance practices and their impact on underwriting.

Benefits

• Competitive salary and performance bonuses
• Health and wellness programs
• Retirement savings plan with company contribution
• Paid time off and holidays
• Opportunities for professional development and training

Company Culture

• Teamwork: We encourage a collaborative workspace where ideas can flourish.
• Integrity: Honesty and transparency are at the core of our company’s values.
• Client-Focused: Our clients are our priority, and we strive to exceed their expectations.