Insurance Underwriter

Job Description

As an Insurance Underwriter, you will play a crucial role in assessing risks and determining policy terms. Collaborate with brokers and clients to provide tailored insurance solutions while ensuring compliance with industry standards. Your analytical skills will contribute to our firm's success in mitigating risks and optimizing our underwriting portfolio.

Responsibilities

• Review and analyze insurance applications for credibility and feasibility.
• Work closely with claims and risk management teams to align underwriting practices.
• Implement new underwriting software and tools for efficiency.
• Advise on writing of policy endorsements and amendments.
• Provide mentorship to junior staff in evaluating underwriting applications.
• Communicate clearly with clients regarding their policy terms and coverage.
• Prepare for audits and maintain accurate records for compliance.

Requirements

Education

• Bachelor's degree in Actuarial Science or related field.
• Postgraduate qualifications in Risk Management are an advantage.

Experience

• 5 years of experience in insurance or underwriting with a solid track record.

Technical Skills

• Statistical Analysis
• Underwriting Principles

Soft Skills

• Negotiation
• Problem-solving

Certifications

• Associate of the Chartered Insurance Institute (ACII)
• Certified Risk Manager (CRM)

Languages

• English: Fluent

Advantageous

• Experience with claims assessment: Background in evaluating claims, enhancing underwriting accuracy.
• Strong network with industry professionals: Connections with brokers and agents in the insurance sector.

Benefits

• Comprehensive health insurance
• Retirement savings plan with employer contributions
• Generous leave policies and employee wellness programs
• Opportunities for professional development

Company Culture

• Customer Focus: We prioritize customer satisfaction and strive to meet their needs.
• Innovation: We encourage creative thinking and innovative solutions.
• Work-Life Balance: We respect personal time and strive for a healthy work-life balance.