Insurance Underwriter

Job Description

As an Insurance Underwriter at Leading Insurance Solutions in Port Elizabeth, you will assess and evaluate insurance applications to determine the appropriate coverage and risk levels. The role requires keen analytical skills and a thorough understanding of underwriting principles to provide clients with the best insurance solutions tailored to their needs.

Responsibilities

• Assess risk factors and determine policy premiums.
• Analyze data to make informed underwriting decisions.
• Engage with clients and agents to gather necessary information.
• Adapt underwriting criteria based on changing risk profiles.
• Participate in training sessions to stay abreast of industry knowledge.
• Mentor junior team members in underwriting processes.
• Review and update existing policies as needed.
• Generate reports on underwriting activities and outcomes.

Requirements

Education

• Bachelor's degree in Insurance, Economics, or related field

Experience

• 5+ years of experience in the insurance industry, with a focus on underwriting.

Technical Skills

• Underwriting Principles
• Financial Analysis

Soft Skills

• Negotiation Skills
• Teamwork

Certifications

• Certified Insurance Counselor (CIC)
• Associate in Risk Management (ARM)

Languages

• English: Fluent

Advantageous

• Experience in Claims Assessment: Experience in evaluating and assessing insurance claims.
• Proficiency in Loss Control Practices: Knowledge of methods for minimizing risk and loss in insurance.

Benefits

• Comprehensive medical coverage
• Pension fund with employer contribution
• Work-life balance initiatives
• Training and mentorship programs

Company Culture

• Innovation: We encourage innovative thinking and creativity in our work.
• Continuous Improvement: We are committed to continuous improvement and professional growth.
• Community Engagement: We actively engage with our local community and give back.