Insurance Underwriter

Job Description

Join us as an Insurance Underwriter and play a key role in our company’s growth. Your primary responsibility will be to assess insurance applications, analyze risk factors, and make underwriting decisions. This is a fantastic opportunity for someone looking to advance their career in the insurance industry.

Responsibilities

• Perform risk assessments on new insurance applications using various tools and systems.
• Engage with clients and agents to discuss underwriting decisions and recommendations.
• Review previous underwriting decisions to ensure consistency and compliance.
• Train new underwriters on best practices and company procedures.
• Develop case studies to assist in the evaluation of risks in similar situations.
• Keep detailed records of underwriting processes and client communications.
• Maintain effective communication with all stakeholders throughout the underwriting process.

Requirements

Education

• Degree in Insurance, Business Administration, or related field

Experience

• 5+ years experience in underwriting or a similar role

Technical Skills

• Claims Management
• Statistical Analysis

Soft Skills

• Negotiation Skills
• Teamwork

Certifications

• Insurance Institute of South Africa

Languages

• English: Fluent

Advantageous

• Updates on Local Insurance Laws: Up-to-date knowledge of relevant legislation affecting insurers and insured parties.
• Experience in Commercial Lines: Experience with underwriting commercial insurance products is a plus.

Benefits

• Comprehensive health coverage
• Retirement savings plan
• Work-life balance programs
• Performance bonuses

Company Culture

• Employee Engagement: We strive to create a workplace that fosters employee well-being and active participation.
• Respect for Diversity: Our commitment to diversity ensures all voices are valued and heard.
• Continuous Improvement: We support ongoing training and personal development for our staff.