Insurance Underwriter

Job Description

Join our growing team at Insurance Solutions Ltd. as an Insurance Underwriter. You will play a crucial role in assessing risks and evaluating insurance applications to deliver high-quality insurance solutions. The ideal candidate has a strong analytical mindset and excellent decision-making skills, enabling them to determine appropriate coverage and pricing.

Responsibilities

• Conduct thorough risk assessments to make informed underwriting decisions.
• Analyze data and statistical information to evaluate risk factors.
• Develop and maintain relationships with clients and insurance brokers.
• Provide guidance on policy coverage and exclusions to clients.
• Implement best practices in underwriting and claims processing.
• Monitor and analyze claims data to inform underwriting strategies.
• Participate in continuous education and training for professional development.
• Assist in resolving underwriting disputes and appeals.

Requirements

Education

• Bachelor's degree in Risk Management or Insurance
• Certification or diploma in underwriting is desirable

Experience

• 3-5 years experience in insurance underwriting or related role

Technical Skills

• Underwriting Software Proficiency
• Market Research

Soft Skills

• Critical Thinking
• Negotiation

Certifications

• Associate in Risk Management (ARM)
• Insurance Institute of South Africa Certification

Languages

• English: Fluent

Advantageous

• Knowledge of reinsurance markets: Experience in working within reinsurance environments and processes.
• Advanced Excel and data modeling skills: Ability to utilize Excel for data analysis and modeling risk profiles.

Benefits

• Health, dental, and retirement fund options
• Annual performance bonus
• Opportunities for professional development
• Employee wellness programs

Company Culture

• Result-Oriented Work Ethos: Our focus is on achieving results while maintaining high ethical standards and accountability.
• Employee Well-being: We prioritize the health and well-being of our employees, providing comprehensive support and benefits.
• Open Communication: We encourage open dialogue at all levels, valuing feedback and insights from all team members.