Insurance Underwriter

Job Description

As an Insurance Underwriter, your responsibility will be critical in determining the acceptability of insurance requests. Your analytical mindset and attention to detail will be paramount as you evaluate applications, assess risk factors, and ensure compliance with policies. Join our team and contribute to our mission of delivering high-quality insurance services.

Responsibilities

• Assess risk factors associated with insurance proposals and determine coverage eligibility.
• Review insurance applications and supporting documents to ensure completeness and accuracy.
• Calculate premiums based on risk assessment and market trends.
• Collaborate with sales personnel to provide insights on client needs and product offerings.
• Maintain accurate records of underwriting decisions and client interactions.
• Provide training and support for junior underwriters and assist with team development.

Requirements

Education

• Bachelor's degree in Finance, Business, or a related field
• Certification in underwriting or insurance is an advantage

Experience

• 3+ years of experience in insurance underwriting or a similar role

Technical Skills

• Risk Assessment
• Market Analysis

Soft Skills

• Analytical Thinking
• Communication

Certifications

• Fellowship in Life Management Institute (FLMI)

Languages

• English: Fluent

Advantageous

• Experience in claims handling: Understanding of the claims process and procedures.
• Knowledge of legal regulations: Awareness of laws affecting insurance underwriting.

Benefits

• Medical aid and retirement plans.
• Opportunity for professional development and training.
• Flexible work hours.
• Performance bonuses.

Company Culture

• Team Collaboration: We believe in working together to achieve our goals.
• Professional Growth: We encourage continuous learning and development.
• Diversity and Inclusion: A workplace where all voices are valued and heard.