Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our team in Durban. Your role will involve analyzing insurance applications, assessing risks, and establishing policy terms. Strong negotiation skills and an understanding of market trends are essential for this position.

Responsibilities

• Evaluate the financial stability and background of applicants.
• Negotiate terms and endorsements with clients and brokers.
• Utilize industry software for documentation and underwriting processes.
• Assist in the development of new insurance products and services.
• Participate in training and development for continuous improvement.

Requirements

Education

• Bachelor's degree in Risk Management or a related field
• Postgraduate qualification in Business is a plus

Experience

• 5+ years experience in insurance underwriting or related fields

Technical Skills

• Data Analysis
• Policy Development

Soft Skills

• Negotiation
• Team Leadership

Languages

• English: Fluent
• Zulu: Conversational

Advantageous

• Certifications in advanced underwriting: Holding advanced certifications such as CPCU or similar.
• Experience with reinsurance policies: Familiarity with reinsurance practices and policies.

Benefits

• Comprehensive medical aid and dental coverage
• Generous leave policies
• Ongoing training and education support
• Flexible working arrangements

Company Culture

• Work-Life Balance: We support a healthy balance between professional and personal commitments.
• Community Engagement: We actively participate in community services and initiatives.
• Diversity: We embrace diverse perspectives and backgrounds within our workforce.