Insurance Underwriter

Durban FULL TIME R37,500 - R50,000 / Month
(R450,000 - R600,000 / Year)

Job Description

Join our dedicated team as an Insurance Underwriter, where your analytical skills will be key. You will be responsible for thoroughly assessing claims, determining appropriate pricing, and ensuring compliance with underwriting guidelines. This is a pivotal role in mitigating risks for our clients while fostering lasting relationships.

Responsibilities

  • Conduct risk assessments for new and renewal policies to mitigate potential losses.
  • Work collaboratively with brokers and agents on complex accounts.
  • Seek opportunities for process automation in underwriting workflows.
  • Deliver exceptional service by promptly addressing client inquiries and underwriting issues.
  • Implement risk management strategies to support overall business objectives.
  • Develop and maintain excellent relationships with clients and stakeholders.
  • Prepare detailed reports on trends and statistics related to underwriting performance.

Requirements

Education
  • Bachelor's degree in Business Administration or Finance
  • Postgraduate qualification preferred
Experience
  • 5 years of experience with a focus on underwriting principles
Technical Skills
  • Decision-Making
  • Portfolio Management
Soft Skills
  • Interpersonal Skills
  • Problem Solving
Certifications
  • Fellow of the Institute of Risk Management (FIRM)
Languages
  • English: Fluent
  • Afrikaans: Conversational

Advantageous

  • Knowledge of emerging market trends: Staying updated with industry changes that affect risk assessment.
  • Experience with underwriting software: Proficiency in digital tools used for underwriting processes.

Benefits

  • Comprehensive health and wellness programs
  • Annual leave and paid time off
  • Support for continuous education and certifications
  • Inclusive company culture promoting diversity

Company Culture

  • Continuous Learning: We support our team members in pursuing further education and skills development.
  • Client-Centric Approach: Our focus on delivering excellent service helps us maintain strong customer relationships.
  • Engagement and Feedback: We frequently engage in feedback loops to ensure employee satisfaction.
Status: Open