Insurance Underwriter

Job Description

We are seeking a detail-oriented Insurance Underwriter to join our Durban office. In this role, you will analyze insurance applications, assess risks, and formulate policy recommendations. The ideal candidate will demonstrate strong judgment and a commitment to outstanding customer service.

Responsibilities

• Conduct risk assessments for new insurance applications.
• Draft policy documents and amendments.
• Support agents in closing deals by providing underwriting insights.
• Update underwriting guidelines according to changing regulations.
• Participate in cross-functional team meetings to improve workflows.
• Maintain up-to-date knowledge of industry practices.
• Provide feedback to improve underwriting processes and efficiency.

Requirements

Education

• Bachelor's degree in Insurance, Economics, or related field
• Professional insurance qualifications are highly regarded

Experience

• 5+ years of experience in the insurance industry, particularly underwriting

Technical Skills

• Financial Acumen
• Policy Analysis

Soft Skills

• Teamwork
• Negotiation Skills

Certifications

• CPCU or equivalent certification

Languages

• English: Fluent

Advantageous

• Proficiency in Underwriting Software: Experienced in using specialized tools for underwriting tasks.
• Networking Skills within the Industry: Ability to build and maintain industry contacts.

Benefits

• Comprehensive health and wellness benefits
• Retirement plan with employer match
• Flexible working conditions
• Professional development opportunities

Company Culture

• Innovation Focus: We thrive on innovation and support employees in bringing new ideas to the table.
• Diversity and Inclusion: We celebrate diversity and are committed to creating an inclusive workplace for all.
• Team-Building Activities: Regular team-building events and activities to enhance collaboration and camaraderie.