Insurance Underwriter

Durban Full-time R29,167 - R37,500 / Month
(R350,000 - R450,000 / Year)

Job Description

As an Insurance Underwriter at our esteemed company in Durban, you will evaluate and analyze proposals for insurance coverage. Your expertise will help us in making informed decisions on policy issuance and premium calculations.

Responsibilities

  • Meet productivity goals for underwriting volumes and accuracy.
  • Manage communications with underwriters, agents, and policyholders.
  • Utilize analytics to inform underwriting decisions and strategies.
  • Provide training and mentorship to junior underwriters.
  • Identify trends in claims to adjust underwriting strategies accordingly.

Requirements

Education
  • Relevant professional certifications in underwriting
Experience
  • 5+ years of underwriting experience preferred
Technical Skills
  • Insurance regulations knowledge
  • Financial analysis
Soft Skills
  • Problem-solving
  • Customer service
Certifications
  • Associate in Commercial Underwriting (ACU)
Languages
  • English: Fluent

Advantageous

  • Understanding of financial markets: Knowledge of how financial markets affect underwriting principles.
  • Proven negotiation skills: Experience in negotiating insurance terms with clients.

Benefits

  • Retirement savings plan with company contributions
  • Access to mental health resources and services
  • Paid time off for vacation and personal days
  • Employee assistance programs

Company Culture

  • Innovation Focus: Encouraging creative solutions and innovative processes to improve our services.
  • Sustainable Practices: Committed to sustainable practices and minimizing our environmental impact.
  • Community Engagement: Active involvement in community services and charitable initiatives.
Status: Open