Insurance Underwriter

Job Description

We are looking for a detail-oriented Insurance Underwriter with a strong analytical background to assess risks and determine coverage amounts. The ideal candidate will have a solid understanding of insurance policies and a keen eye for detail to ensure that our clients receive optimal coverage.

Responsibilities

• Conduct thorough evaluations of insurance applications to assess risk.
• Calculate appropriate premiums based on underwriting guidelines.
• Provide recommendations on policy adjustments and client coverage.
• Collaborate with claims departments to clarify policy coverage.
• Develop new underwriting strategies to improve efficiency.
• Stay informed about changes in regulations that may impact policies.
• Participate in training and development opportunities to enhance skills.
• Compile reports on underwriting activities and outcomes.

Requirements

Education

• Bachelor's degree in Economics or Insurance-related field
• Relevant professional underwriting qualifications are an advantage

Experience

• 4+ years experience in the insurance industry, with a focus on underwriting

Technical Skills

• Insurance Regulations Knowledge
• Financial Acumen

Soft Skills

• Negotiation Skills
• Problem-solving Acumen

Certifications

• Advanced Insurance Qualification (AIQ)
• CIP certification

Languages

• English: Fluent
• Zulu: Conversational

Advantageous

• Proficiency in statistical software: Experience with tools like SAS or R for data analysis.
• Ability to work under pressure: Skilled in maintaining high performance in fast-paced environments.

Benefits

• Attractive benefits package with retirement contributions
• Wellness initiatives and employee assistance programs
• Opportunities for industry training and networking
• Work-life balance support and initiatives

Company Culture

• Continuous Improvement: We strive for continuous improvement and encourage ongoing professional development.
• Supportive Environment: Our supportive environment empowers employees to achieve their best work.
• Customer Focus: We are dedicated to putting our clients first in everything we do.