Insurance Underwriter

Job Description

We seek a skilled Insurance Underwriter to assess risks and set premiums for our diverse client base in Durban. You will examine applications, conduct risk analysis, and maintain up-to-date knowledge of underwriting policies and industry trends to ensure our offerings meet client needs. Be a part of a supportive team that values your insights.

Responsibilities

• Analyze data to assess risk and determine policy terms.
• Develop guidelines and recommendations for coverage adjustments.
• Handle complex or high-value policies and evaluate alternative coverage options.
• Liaise with brokers and agents to clarify underwriting queries.
• Participate in team meetings to discuss underwriting strategies and improvements.

Requirements

Education

• Bachelor's degree in Risk Management or Insurance
• Master's degree preferred

Experience

• 5+ years of experience in insurance underwriting

Technical Skills

• Underwriting Software Proficiency
• Financial Analysis Skills

Soft Skills

• Negotiation Skills
• Problem-Solving Abilities

Certifications

• Chartered Insurance Professional (CIP)

Languages

• English: Fluent

Advantageous

• Advanced Certificate in Insurance: A further qualification that enhances expertise in underwriting.
• Knowledge of Regulatory Compliance: Understanding of insurance regulations and compliance requirements.

Benefits

• Comprehensive medical and dental insurance.
• Retirement savings plan with employer contributions.
• Paid time off and public holidays.
• Ongoing training and skill development programs.

Company Culture

• Continuous Improvement: We encourage ongoing professional development and skill enhancement.
• Work-Life Balance: We value our employees' well-being by promoting a healthy work-life balance.
• Community Engagement: We actively participate in community service and social responsibility initiatives.