Insurance Underwriter

Job Description

We are seeking a skilled Insurance Underwriter to join our Durban team. In this role, you will be responsible for evaluating insurance applications, determining coverage terms, and calculating premiums. The ideal candidate will have a thorough understanding of risk assessment and an analytical mindset.

Responsibilities

• Review and decide on insurance applications using established criteria.
• Keep accurate records of underwriting decisions for compliance purposes.
• Analyze market trends to identify potential risks.
• Recommend policy adjustments based on comprehensive risk assessments.
• Engage in project-based work focused on streamlining underwriting processes.

Requirements

Education

• Bachelor's degree in Insurance, Business, or related discipline

Experience

• 5+ years in underwriting or risk management roles

Technical Skills

• Policy Analysis
• Pricing Strategy

Soft Skills

• Critical Thinking
• Teamwork

Certifications

• CII Level 4 Certificate in Insurance

Languages

• English: Fluent
• Zulu: Basic

Advantageous

• Advanced Excel Skills: Proficient in using Excel for data analysis and reporting.
• Network within the insurance industry: Established connections which may facilitate business development.

Benefits

• Comprehensive medical and dental benefits
• Employee assistance programs
• Career advancement training
• Annual performance bonuses

Company Culture

• Innovation: Fostering creativity and new ideas to remain competitive in the insurance market.
• Inclusivity: Ensuring a diverse workforce where every member is valued.
• Community Engagement: Actively participating in community service and local initiatives.