Insurance Underwriter

Job Description

Join our team as an Insurance Underwriter in Durban, where you will utilize your expertise to evaluate insurance applications and set policy terms. You will interact directly with clients to offer excellent support and tailored solutions, making a significant impact on their insurance experience.

Responsibilities

• Assess insurance applications and determine appropriate coverage limits and rates.
• Negotiate terms with agents and brokers to achieve the best outcomes.
• Monitor and analyze claims history to inform underwriting decisions.
• Compile and present reports on risk assessment and underwriting performance.
• Work with claims and risk management teams to optimize support and service delivery.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or related field

Experience

• At least 3 years of experience in insurance underwriting or related field

Technical Skills

• Risk Assessment
• Analytical Skills
• Regulations Knowledge

Soft Skills

• Attention to Detail
• Communication

Certifications

• AIIA (Associate of the Insurance Institute of South Africa)
• Underwriting Certification

Languages

• English: Fluent

Advantageous

• Experience with underwriting software: Familiarity with leading underwriting tools and software applications.
• Professional designations such as ACII or FCII: Advanced certifications that demonstrate expertise in insurance underwriting.

Benefits

• Competitive salary package with performance bonuses.
• Health and wellness benefits including medical aid.
• Retirement savings plan options.
• Opportunities for professional development and training.

Company Culture

• Team Collaboration: We foster a culture of collaboration, where team members share knowledge and expertise to drive success.
• Innovation: We encourage innovative thinking, allowing for growth and creative solutions.
• Inclusivity: Our commitment to diversity creates an inclusive environment for everyone.