Insurance Underwriter

Job Description

As an Insurance Underwriter, you will evaluate insurance applications, analyze risk factors, and set appropriate terms for coverage. This position is vital in maintaining our risk management framework and providing excellent service to our clients. If you have a background in underwriting and a commitment to excellence, we want to hear from you.

Responsibilities

• Analyze historical data to inform underwriting practices.
• Utilize underwriting software to streamline processes.
• Review documentation for accuracy and completeness.
• Liaise with actuaries to assess risk models.
• Offer feedback on adjustments to existing policies.
• Regularly meet with management to discuss underwriting strategies.
• Engage in continuous professional development for skill enhancement.

Requirements

Education

• Bachelor's degree in Insurance or Business
• Master's degree is a plus

Experience

• 3-5 years of experience in a comparable role

Technical Skills

• Insurance Principles
• Data Analysis Tools

Soft Skills

• Problem-solving
• Team Player

Certifications

• Certified Insurance Counselor (CIC)
• Risk Management and Insurance Certificate

Languages

• English: Fluent
• Zulu: Beginner

Advantageous

• Knowledge of South African insurance regulations: Understanding compliance requirements and local insurance laws.
• Customer service experience: Experience in providing high-quality service in a client-facing role.

Benefits

• Health and wellness programs
• Flexible working hours
• Paid time off for volunteering
• Tuition reimbursement for further education

Company Culture

• Continuous Learning: We support ongoing education and training for every employee's professional development.
• Work-Life Balance: Promoting a healthy work-life balance is a priority for our team.
• Community Engagement: We participate in various community service projects, reinforcing our commitment to the community.