Insurance Underwriter

Cape Town FULL TIME R25,000 - R37,500 / Month
(R300,000 - R450,000 / Year)

Job Description

As an Insurance Underwriter, you will utilize your analytical skills to review and assess insurance applications, determining the insurability of applicants. Your role will be vital in helping our company maintain a balanced risk portfolio while providing excellent client service.

Responsibilities

  • Review and assess complex insurance applications for various types.
  • Conduct thorough research to gather relevant data on applicants.
  • Identify potential risks and suggest mitigation strategies.
  • Prepare reports outlining underwriting decisions.
  • Stay updated with industry trends and regulatory changes.
  • Collaborate with risk assessment teams for improved decision making.

Requirements

Education
  • Bachelor's degree in Finance, Business Administration, or related field
Experience
  • 3+ years of experience in insurance underwriting or related fields
Technical Skills
  • Risk Assessment
  • Knowledge of Underwriting Software
Soft Skills
  • Analytical Thinking
  • Communication Skills
Certifications
  • ACLI Certified Underwriter
  • CPCU Certification
Languages
  • English: Fluent

Advantageous

  • Experience in Commercial Underwriting: Experience in assessing risks for commercial insurance products.
  • Familiarity with Regulatory Standards: Knowledge of local and international regulatory standards in the insurance industry.

Benefits

  • Competitive salary package
  • Health and wellness benefits
  • Retirement savings plan with employer matching
  • Professional development opportunities

Company Culture

  • Integrity: We prioritize integrity and transparency in all our interactions.
  • Teamwork: We encourage collaboration and support among our teams.
  • Innovation: We foster an environment where innovative ideas are welcomed and nurtured.
Status: Closed