Insurance Underwriter

Job Description

We are on the hunt for a meticulous Insurance Underwriter to join our vibrant Durban team. The ideal candidate will have a sharp analytical mind and a keen eye for detail, responsible for assessing risks and determining policy coverage while maintaining compliance with regulations.

Responsibilities

• Conduct detailed risk assessments and adjust underwriting guidelines accordingly.
• Facilitate communication with clients to clarify policy terms and conditions.
• Utilize underwriting software tools to streamline the evaluation process.
• Keep abreast of changes in legislation affecting the insurance industry.
• Prepare underwriting files for audit and review as necessary.
• Participate in continuous education programs to enhance expertise.

Requirements

Education

• Bachelor's degree with a focus on Insurance, Finance, or Business
• A master's degree in a related field is advantageous

Experience

• 5+ years of experience in underwriting, claims processing, or insurance sales

Technical Skills

• Insurance Software Proficiency
• Market Analysis

Soft Skills

• Interpersonal Skills
• Time Management

Certifications

• CPCU Designation
• Fellow, Life Management Institute (FMLI)

Languages

• English: Fluent

Advantageous

• Familiarity with data analysis tools such as Excel: Ability to manipulate data for better decision making.
• Background experience in customer service roles: Prior experience dealing with client inquiries and complaints.