Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter in Durban, where you will assess risk and provide essential insurance solutions tailored to our clients' needs. The ideal candidate will have a keen eye for detail and a strong analytical mindset. Your role will involve evaluating insurance applications, determining coverage amounts, and advising clients on the best options available.

Responsibilities

• Assess and underwrite insurance policies based on client submissions.
• Perform risk analysis and verify client information.
• Make recommendations for policy adjustments or revisions.
• Engage with clients to clarify coverage needs and resolve queries.
• Liaise with agents to ensure accurate policy implementation.
• Monitor claims for any inconsistencies or potential fraud.
• Provide exceptional customer service throughout the underwriting process.
• Compile and analyze data to inform underwriting strategies.
• Participate in training programs to enhance underwriting skills.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or a related field
• Relevant certifications such as AIC or CPCU are advantageous

Experience

• 3+ years of experience in insurance underwriting

Technical Skills

• Risk Assessment
• Analytical Skills

Soft Skills

• Communication
• Detail-oriented

Certifications

• Professional Insurance Underwriting Certification

Languages

• English: Fluent

Advantageous

• Experience with underwriting software (e.g., Guidewire, Duck Creek): Proficient in using industry-standard software for underwriting processes.
• Knowledge of South African insurance regulations: Understanding of legal standards impacting insurance underwriting in South Africa.

Benefits

• Competitive salary package with performance bonuses
• Comprehensive medical aid and retirement plans
• Opportunities for professional development and training
• Work-life balance initiatives including flexible hours

Company Culture

• Collaborative Environment: We promote a culture of teamwork and collaboration across all departments.
• Inclusivity: Our company values diversity and is dedicated to fostering an inclusive workplace.
• Continuous Growth: We invest in our employees' professional growth through ongoing training and development programs.