Insurance Underwriter

Job Description

As an Insurance Underwriter, you will assess risks and determine appropriate premiums for various insurance policies. This role involves collaborating closely with brokers and agents to evaluate applications and recommend actions that align with company standards.

Responsibilities

• Evaluate risks associated with new and existing policyholders.
• Provide quotes and negotiate terms with clients.
• Stay informed about industry trends and regulatory changes.
• Participate in training and professional development activities.
• Enhance team efficiency through process improvements.

Requirements

Education

• Bachelor's degree in business, finance, or related field
• Relevant insurance industry certifications and licenses

Experience

• Minimum 2-3 years of experience in underwriting, risk assessment, or related field.

Technical Skills

• Analytical Skills
• Insurance Industry Software

Soft Skills

• Communication Skills
• Decision-Making

Languages

• English: Fluent

Advantageous

• Experience in specialty insurance lines: Knowledge of niche areas such as marine or aviation insurance is a plus.
• Knowledge of regulatory requirements: Familiarity with compliance standards in the insurance industry.

Benefits

• Medical aid and dental coverage.
• Retirement savings plan with employer match.
• Flexible working hours.
• Opportunities for professional development.

Company Culture

• Team-Oriented: We promote a collaborative environment where teamwork is key.
• Continuous Improvement: We are committed to ongoing training and innovation.
• Diversity and Inclusion: We celebrate diversity and strive to create an inclusive workplace.