Insurance Underwriter

Job Description

Join our dynamic team in Durban as an Insurance Underwriter! You will be responsible for evaluating risks and deciding the appropriate coverage for clients. Your expertise will help shape our insurance products, and you will work closely with agents and clients to ensure satisfaction. A keen eye for detail and analytical skills are essential for this role.

Responsibilities

• Conduct thorough risk assessments for new and existing clients.
• Collaborate with sales teams to optimize client acquisition strategies.
• Manage client relationships to ensure ongoing satisfaction with insurance products.
• Engage in negotiations with agents regarding coverage terms.
• Monitor and assess the impact of market trends on underwriting processes.

Requirements

Education

• Bachelor's degree in Business Administration or related field
• Postgraduate qualifications are a plus

Experience

• 5+ years in underwriting with a focus on commercial lines

Technical Skills

• Insurance Regulations
• Software Proficiency

Soft Skills

• Negotiation Skills
• Problem Solving

Certifications

• Fellowship in Insurance (FIns)

Languages

• English: Fluent

Advantageous

• Familiarity with data analysis tools: Experience with data analytics to enhance underwriting accuracy.
• Membership in professional underwriting associations: Active participation in industry-related organizations.

Benefits

• Flexible working options
• Retirement savings plan with employer contributions
• Employee wellness initiatives
• Support for further education and training

Company Culture

• Community Engagement: We actively engage with the community and encourage employees to participate in local initiatives.
• Employee Recognition: Recognizing and celebrating our employees' achievements is a core part of our culture.
• Work-Life Balance: Prioritising work-life balance to support our employees' well-being.