Insurance Underwriter

Cape Town FULL TIME R20,833 - R29,167 / Month
(R250,000 - R350,000 / Year)

Job Description

We are seeking a meticulous Insurance Underwriter who has a knack for assessing risks and crafting tailored insurance solutions. The ideal candidate will have a solid understanding of insurance policies, underwriting standards, and a keen eye for detail. You'll be instrumental in evaluating client applications, determining coverage eligibility, and devising competitive pricing strategies.

Responsibilities

  • Analyze statistical data to forecast risk conditions.
  • Participate in meetings to discuss client insurance requirements.
  • Provide insights on market competition to adjust pricing accordingly.
  • Assist with claims investigations related to underwriting insight.
  • Review and update underwriting documentation for accuracy.
  • Draft communications regarding policy approvals or rejections.
  • Collaborate on creating promotional materials for new insurance products.

Requirements

Education
  • Bachelor's degree in Risk Management or a related field
  • Certifications in underwriting will boost your application
Experience
  • 5 years experience in the insurance industry
Technical Skills
  • Policy Development
  • Statistical Analysis
Soft Skills
  • Negotiation Skills
  • Problem Solving
Certifications
  • Professional Indemnity Insurance certification
  • Underwriting Risk Management certification
Languages
  • English: Fluent

Advantageous

  • Knowledge of underwriting software systems: Familiar with advanced underwriting platforms designed to streamline processes.
  • Experience in claims management: Previous experience in claims could be beneficial for understanding client perspectives.

Benefits

  • Full medical and dental benefits package
  • Retirement savings plan with employer match
  • Promotions and performance bonuses
  • Training and mentorship programs

Company Culture

  • Respect: We foster a culture of respect among all team members.
  • Excellence: Our commitment to excellence means we strive for the best in every project.
  • Continuous Improvement: We promote continuous improvement and learning to enhance our skills.
Status: Closed