Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our dynamic team in Durban. The ideal candidate will evaluate insurance applications, assess risk factors, and make informed decisions to underwrite policies that align with our company’s standards.

Responsibilities

• Assess client files and financial documentation to determine underwriting eligibility.
• Make informed decisions on policy applications based on established underwriting criteria.
• Maintain accurate records of underwriting actions and decisions.
• Provide training and mentorship to junior underwriters and interns.
• Engage in regular audits to ensure compliance with regulatory practices.
• Attend industry conferences and workshops to stay updated on underwriting trends.

Requirements

Education

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

Experience

• Minimum of 3 years experience in underwriting or a related field

Technical Skills

• Risk Assessment
• Analytical Skills
• Microsoft Excel

Soft Skills

• Communication
• Detail-oriented

Certifications

• Chartered Insurance Institute (CII) Certification

Languages

• English: Fluent

Advantageous

• Advanced Excel Skills: Proficiency in advanced Excel functions for data analysis.
• Knowledge of regulatory compliance: Understanding insurance laws and regulations.

Benefits

• Competitive salary package
• Health and wellness benefits
• Retirement savings plan
• Opportunities for career development

Company Culture

• Team Spirit: We believe in working as a team and support collaboration across departments.
• Innovation: We strive to innovate within the insurance space, ensuring our clients receive the best products.
• Professional Growth: We encourage continuous learning and provide resources for professional development.