Insurance Underwriter

Job Description

We are seeking a skilled Insurance Underwriter to join our dynamic team in Durban. You will play a critical role in evaluating risks, analyzing data, and determining appropriate coverage levels for a diverse clientele. Your contributions will be key in maintaining our reputation for excellence in the industry.

Responsibilities

• Conduct detailed risk assessments for various insurance products.
• Negotiate terms and conditions with clients and brokers.
• Review and update underwriting policies and procedures as needed.
• Ensure compliance with regulatory standards and company policies.
• Provide recommendations for policy modifications based on claims data.
• Assist in training junior staff on underwriting best practices.

Requirements

Education

• Diploma in Insurance or related field
• Accredited training in underwriting is advantageous

Experience

• 3-5 years of professional underwriting experience

Technical Skills

• Policy Development
• Claims Handling

Soft Skills

• Problem Solving
• Team Collaboration

Languages

• English: Fluent

Advantageous

• Chartered Insurance Institute (CII) membership: Membership with the leading professional body in insurance enhances credibility.
• Experience with underwriting software: Familiarity with industry-standard software for underwriting processes.

Benefits

• Competitive salary with performance bonuses
• Comprehensive health and wellness benefits
• Flexible working hours
• Opportunities for continuous learning and professional development

Company Culture

• Innovative Environment: We value creativity and encourage innovative thinking across all levels.
• Supportive Atmosphere: We foster a supportive workplace where teamwork and collaboration are paramount.
• Employee Growth: We are committed to supporting personal and professional development for all employees.