Insurance Underwriter

Job Description

We are seeking a meticulous Insurance Underwriter to join our Port Elizabeth team. The ideal candidate will evaluate risk and determine policy terms based on data analysis, ensuring comprehensive coverage for our clients while maintaining profitability.

Responsibilities

• Analyze potential client information and historical data to assess risk.
• Make underwriting decisions that align with the company's financial goals.
• Provide exceptional service to clients by addressing their queries regarding coverage.
• Document all underwriting actions and maintain compliance records.
• Conduct periodic reviews of existing policies and make adjustments as necessary.
• Effectively communicate with other departments about risk management issues.
• Utilize underwriting software and tools for efficient assessment processes.
• Prepare reports to summarize underwriting activities and outcomes.
• Enhance underwriting knowledge through continuous professional development.
• Participate in industry networking events to build relationships.

Requirements

Education

• Bachelor's degree in Business Administration or related field
• Advanced insurance qualifications preferred

Experience

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

Technical Skills

• Financial Analysis
• Regulatory Compliance

Soft Skills

• Negotiation Skills
• Problem Solving

Certifications

• Insurance Institute of South Africa Certification

Languages

• English: Fluent

Advantageous

• Experience in commercial underwriting: Background in underwriting commercial insurance policies preferred.
• Fluency in Afrikaans or Xhosa: Bilingual candidates are encouraged to apply.

Benefits

• Attractive remuneration package
• Extensive medical aid coverage
• Pension fund with employer match
• Access to training programs and certifications

Company Culture

• Professional growth: We invest in the continuous development of our employees.
• Integrity: We uphold the highest standards of professionalism and ethics.
• Community engagement: We actively participate in community initiatives and give back.