Insurance Underwriter

Port Elizabeth FULL TIME R25,000 - R37,500 / Month
(R300,000 - R450,000 / Year)

Job Description

As an Insurance Underwriter, you will work closely with clients and agents to assess insurance applications and determine coverage provisions. We seek someone who thrives in a fast-paced environment and can compile accurate reports on risk levels, providing insightful recommendations to facilitate decision-making processes.

Responsibilities

  • Review historical data to help forecast potential losses.
  • Support the development of underwriting guidelines and standards.
  • Analyze credit scoring and socio-economic factors influencing underwriting.
  • Collaborate with actuaries to adjust models based on emerging trends.

Requirements

Education
  • Bachelor's degree in Actuarial Science or Risk Management preferred
Experience
  • 5+ years in the insurance industry with exposure to underwriting processes
Technical Skills
  • Statistical Analysis
  • Insurance Software Proficiency
Soft Skills
  • Adaptability
  • Teamwork
Certifications
  • Fellow of the Casualty Actuarial Society (FCAS)
  • Fellow of the Society of Actuaries (FSA)
Languages
  • English: Fluent

Advantageous

  • Strong negotiation skills: Experience in negotiating terms and conditions with clients.
  • Leadership experience: Previous experience in a supervisory role is advantageous.

Benefits

  • Comprehensive health insurance including dental and vision coverage
  • Generous leave policies including annual and sick leave
  • Flexible work hours to promote work-life balance
  • Access to ongoing training and certification programs

Company Culture

  • Team Collaboration: We value collaborative efforts and encourage teamwork across all levels.
  • Innovation: We promote innovative ideas and solutions to improve our services.
  • Inclusivity: Our workplace culture is inclusive, welcoming diverse perspectives and backgrounds.
Status: Open