Insurance Underwriter

Job Description

We are in search of a skilled Insurance Underwriter to help our team in evaluating insurance applications, determining coverage limits, and calculating premiums. The ideal candidate will bring a keen analytical eye and a strong understanding of risk assessment.

Responsibilities

• Assess the acceptability of insurance risks based on established guidelines.
• Utilize underwriting software to review applications and conduct evaluations.
• Communicate decisions to agents and address any questions or concerns.
• Monitor policy performance and suggest adjustments when necessary.
• Compile reports on underwriting trends and performance metrics.
• Participate in training and development to enhance underwriting skills.

Requirements

Education

• Bachelor's degree in a relevant field
• Postgraduate qualifications are preferred.

Experience

• 3-5 years of experience in the insurance sector

Technical Skills

• Data Analysis
• Pricing Strategies

Soft Skills

• Negotiation
• Critical Thinking

Certifications

• CII Level 4 Certificate in Insurance
• Fellow of the Insurance Institute (FII)

Languages

• English: Fluent

Advantageous

• Understanding of reinsurance processes: Knowledge of reinsurance practices and procedures.
• Experience with financial modelling: Ability to perform financial modelling relevant to underwriting practices.

Benefits

• Generous annual leave policy
• Pension scheme with employer contributions
• Regular team-building activities
• Access to training resources and courses

Company Culture

• Continuous Improvement: We encourage ongoing learning and growth, enabling employees to enhance their skills.
• Supportive Atmosphere: Our leadership promotes a supportive environment where everyone feels valued.
• Community Engagement: We actively engage with the local community and promote volunteer initiatives.