Insurance Underwriter

Job Description

As an Insurance Underwriter, you will be responsible for evaluating insurance applications and determining the risks involved. You will work closely with agents and clients to create tailored insurance policies that meet their specific needs while ensuring compliance and risk assessment standards.

Responsibilities

• Assess detailed insurance applications based on risk factors.
• Engage in negotiations with agents and clients for policy adjustments.
• Maintain compliance with all applicable laws and regulations.
• Conduct market research to remain competitive.
• Evaluate historical data to foresee potential risks.
• Provide guidance and training to junior underwriters.
• Balance workload to meet deadlines efficiently.
• Engage in continuous learning to stay informed about the insurance industry.
• Assist in developing new products based on market demands.
• Participate in team-building and company events.

Requirements

Education

• Bachelor's degree in Risk Management or related field
• Master's degree may be an advantage

Experience

• 5+ years of experience in an underwriting role or insurance field

Technical Skills

• Policy Development
• Regulatory Knowledge

Soft Skills

• Team Player
• Attention to Detail

Certifications

• Fellow, Life Management Institute (FLMI)
• Fellow of the Casualty Actuarial Society (FCAS)

Languages

• English: Fluent

Advantageous

• Exposure to regulatory compliance training: Understanding of compliance requirements in the insurance industry.
• Experience in client relationship management: Ability to manage client expectations and enhance relationships.

Benefits

• Comprehensive health benefits.
• Retirement savings plan with company matching.
• Professional development programs.
• Employee assistance program.

Company Culture

• Professional Growth: We invest in our employees' development and career aspirations.
• Diversity and Inclusion: We celebrate diversity and create a welcoming environment for all.
• Client Focus: Our clients are our priority, and we strive to exceed their expectations.