Insurance Underwriter

Job Description

As an Insurance Underwriter, you'll be responsible for analyzing insurance applications to assess risk levels and decide on policy terms. We are looking for someone with a keen analytical mind and a passion for providing tailored insurance solutions to meet client needs.

Responsibilities

• Conduct risk assessments for corporate insurance applications.
• Utilize underwriting software to streamline processes.
• Evaluate claims data to identify trends and improve risk evaluations.
• Prepare detailed underwriting reports for senior management review.
• Collaborate with claims adjusters to assess potential risks.
• Ensure compliance with insurance regulations and company policies.
• Participate in professional development opportunities.
• Provide training and mentorship to junior underwriters.

Requirements

Education

• Bachelor's degree in Economics or related discipline
• Certification in Insurance or Risk Management is advantageous

Experience

• 2-4 years of experience in the insurance sector or related area

Technical Skills

• Data Analysis
• Insurance Software Proficiency

Soft Skills

• Attention to Detail
• Team Collaboration

Certifications

• Insurance Institute of South Africa (IISA) certification
• Fellow of the Insurance Institute (FII)

Languages

• English: Fluent

Advantageous

• Experience with commercial insurance products: Knowledge and experience in underwriting commercial insurance policies.
• Proficiency in statistical analysis software: Experience utilizing statistical software packages for data analysis.

Benefits

• Market-related salary with annual reviews
• Health and wellness initiatives for employees
• Flexible work environment and work-from-home options
• Support for continuous education and certification programs

Company Culture

• Diversity and Inclusion: Our workplace values diversity, encouraging a variety of perspectives and experiences.
• Work-Life Balance: We prioritize work-life balance, supporting flexible working arrangements for our employees.
• Community Engagement: We actively engage with our local community through various outreach programs.