Insurance Underwriter

Job Description

We are on the lookout for a skilled Insurance Underwriter to join our team in Cape Town. You will play a vital role in assessing the risk of insurance applications and determining appropriate coverage levels. Your expertise will directly impact the satisfaction of our clients and the financial health of our company.

Responsibilities

• Review and assess risk for various insurance applications.
• Negotiate terms and conditions with clients and brokers.
• Attend meetings to discuss underwriting guidelines and procedures.
• Keep abreast of industry trends and regulatory changes.
• Monitor claim developments to mitigate potential losses.
• Enhance and develop underwriter training resources.
• Participate in audits and compliance checks.

Requirements

Education

• Bachelor's degree in Insurance, Economics, or Risk Management
• Postgraduate degree is advantageous

Experience

• 4-6 years of experience in underwriting or risk assessment

Technical Skills

• Policy Writing
• Statistical Analysis

Soft Skills

• Negotiation
• Critical Thinking

Certifications

• Associate in Risk Management (ARM)
• Insurance Risk Management Certification (IRMC)

Languages

• English: Fluent
• Zulu: Basic

Advantageous

• Experience in a specific insurance sector: Experience in underwriting for health or automotive insurance preferred.
• Bilingual proficiency: Ability to communicate effectively in at least two languages is advantageous.

Benefits

• Attractive remuneration with bonuses based on performance
• Extended health cover for you and your family
• Support for continuing education and certification
• Work-life balance with flexible scheduling options

Company Culture

• Integrity and Accountability: Our culture is built on trust, integrity, and accountability at all levels of the organization.
• Community Engagement: We believe in giving back to the community and actively participate in philanthropic initiatives.