Insurance Underwriter

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

Job Description

As an Insurance Underwriter at Insurance Solutions Ltd., you will assess risk and evaluate insurance applications to determine coverage eligibility. Your expertise will help ensure our clients receive the best insurance products tailored to their needs. Candidates with a strong analytical background and excellent communication skills are encouraged to apply.

Responsibilities

  • Review and assess insurance applications for accuracy and completeness.
  • Evaluate risks and make coverage recommendations.
  • Collaborate with legal and compliance teams on regulatory issues.
  • Assist in the development of predictive models for risk assessment.
  • Monitor claims against policies to identify potential issues.
  • Provide insights for product development based on market analysis.
  • Build relationships with clients to improve customer satisfaction.

Requirements

Education
  • Bachelor's degree in Business, Finance, or Insurance
  • Postgraduate qualifications in Risk Management preferred
Experience
  • 4+ years of underwriting experience
Technical Skills
  • Statistical analysis
  • Financial modeling
Soft Skills
  • Negotiation skills
  • Team collaboration
Certifications
  • Associate in Underwriting (AU)
  • Certified Insurance Counselor (CIC)
Languages
  • English: Fluent

Advantageous

  • Experience in commercial underwriting: Background in underwriting commercial insurance applications.
  • Advanced Excel skills: Proficient in using Excel for data analysis and reporting.

Benefits

  • Health and wellness benefits
  • Annual salary reviews
  • Opportunities for career progression
  • Employee assistance programs

Company Culture

  • Inclusivity: We embrace diversity and foster an inclusive workplace for all.
  • Work-Life Balance: We value balance through flexible work arrangements and support.
  • Innovation-driven: We encourage creative thinking and new ideas to improve our services.
Status: Closed