Underwriter

Job Description

We seek a detail-oriented Underwriter who will play a pivotal role in our insurance division by evaluating client applications, determining risk exposures, and proposing suitable insurance solutions. Your strong analytical skills and understanding of insurance principles will help maintain our reputation for excellence in the insurance market.

Responsibilities

• Assess insurance applications and evaluate risk factors.
• Determine appropriate coverage options and premiums based on risk analysis.
• Collaborate with brokers and agents to gather necessary information.
• Review client files and financial documents critically.
• Ensure compliance with regulatory requirements and internal policies.
• Prepare detailed underwriting recommendations and reports.
• Monitor ongoing risk throughout the insurance policy lifecycle.
• Communicate effectively with clients regarding coverage decisions.
• Maintain accurate records within the underwriting systems.
• Participate in professional development activities to stay updated on industry trends.

Requirements

Education

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

Experience

• 3-5 years of experience in insurance underwriting

Technical Skills

• Insurance Knowledge
• Risk Assessment
• Data Analysis

Soft Skills

• Attention to Detail
• Communication

Languages

• English: Fluent

Advantageous

• Professional designation such as AINS or CPCU: Holders of these designations are preferred, showcasing advanced knowledge in insurance.
• Experience with claims assessment: Previous involvement with evaluating insurance claims beneficial for underwriting.

Benefits

• Competitive salary with annual performance bonuses
• Medical aid and retirement contribution
• Work-life balance with flexible hours
• Professional development opportunities

Company Culture

• Teamwork: We believe in collaborative efforts and valuing everyone's input.
• Customer Focus: We prioritize customer satisfaction as a core component of our business.
• Integrity: Operating with transparency and ethical practices in all dealings.