Insurance Underwriter

Job Description

We are searching for an experienced Insurance Underwriter to play a vital role in assessing risk and developing insurance policies. The successful candidate will analyse clients' financial documents, evaluate risk factors, and collaborate with agents to deliver tailored insurance solutions. If you have a knack for detail and a strategic mindset, this is the job for you.

Responsibilities

• Assess applications and make decisions on policy issuance or amendments.
• Utilize underwriting software and tools to streamline policy evaluations.
• Communicate effectively with clients and colleagues to ensure clarity in coverage and policies.
• Monitor and review existing policies for renewals and adjustments.
• Collaborate on special projects related to risk management and insurance development.

Requirements

Education

• Bachelor's degree in Business, Finance, or related discipline
• Master's degree in a relevant field is an advantage

Experience

• 5+ years of experience in insurance underwriting or financial analysis

Technical Skills

• Policy Development
• Financial Modelling

Soft Skills

• Critical Thinking
• Negotiation Skills

Certifications

• Fellowship of the Chartered Insurance Institute (FCII)
• Certified Risk Manager (CRM)

Languages

• English: Fluent
• Zulu: Conversational

Advantageous

• Experience in claims assessment: Previous experience reviewing or processing insurance claims can be an asset.
• Familiarity with data analytics tools: Knowledge of data analytics software to support underwriting decisions.

Benefits

• Attractive salary package with performance bonuses
• Health, dental, and life insurance options
• Generous leave benefits and flexible work arrangements
• Support for ongoing education and certifications

Company Culture

• Inclusivity: We embrace diversity and strive to create an inclusive environment for all.
• Work-life Balance: We prioritise the well-being of our team members by promoting a healthy work-life balance.
• Innovation: We encourage creative thinking and seek innovative solutions to challenges.