Insurance Underwriter

Durban FULL TIME R40,000 - R50,000 / Month
(R480,000 - R600,000 / Year)

Job Description

Join our team as an Insurance Underwriter, where you will evaluate clients’ insurance applications and decide coverage levels and premium rates. You will utilize your analytical mindset to ensure comprehensive risk assessment while collaborating with stakeholders to meet client needs and organizational goals.

Responsibilities

  • Assess the validity of claims and determine the appropriate coverage.
  • Analyze market and economic factors influencing risk assessment.
  • Work with claims adjusters to resolve underwriting issues.
  • Participate in the development of underwriting policies and procedures.
  • Compile data and metrics to optimize underwriting performance.
  • Act as a liaison between clients and insurance agents.

Requirements

Education
  • Bachelor's degree in Risk Management or Insurance
  • A Master's degree would be advantageous
Experience
  • 5+ years of relevant experience in underwriting or risk analysis
Technical Skills
  • Financial Analysis
  • Claims Assessment
Soft Skills
  • Detail-oriented
  • Team Collaboration
Certifications
  • Chartered Property Casualty Underwriter (CPCU)
Languages
  • English: Fluent

Advantageous

  • Proven experience in managing complex policies: Ability to handle high-net-worth clients and their insurance needs.
  • Experience in regulatory compliance: Understanding of compliance issues within the insurance sector.

Benefits

  • Attractive compensation package
  • Flexible working hours
  • Wellness programs and employee assistance
  • Annual company retreats and team-building activities

Company Culture

  • Inclusivity: We pride ourselves on creating a diverse space where all employees feel valued.
  • Recognition: We celebrate achievements and recognize the hard work of our team members.
  • Innovation: Encouraging innovative thinking and problem-solving at all levels.
Status: Open