Insurance Underwriter

Job Description

As an Insurance Underwriter at Tech Innovations Inc., you will be responsible for evaluating insurance applications, determining coverage amounts, and establishing appropriate premiums. We are looking for a detail-oriented professional who can manage risk while ensuring customer satisfaction.

Responsibilities

• Conduct thorough assessments of risk and collect relevant data during the underwriting process.
• Work effectively with external stakeholders to finalize underwriting decisions.
• Review and analyze complex insurance cases for underwriting approval.
• Identify potential fraud indicators and mitigate associated risks.
• Maintain detailed records and documentation for each case handled.
• Participate in ongoing training to enhance underwriting skills and knowledge.
• Support senior underwriters in special projects and initiatives.
• Ensure compliance with regulatory guidelines and internal policies.

Requirements

Education

• Bachelor's degree in Finance, Business Administration, or related field
• Professional certification such as ACII is preferred

Experience

• Minimum 3 years of experience in underwriting or relevant financial services role.

Technical Skills

• Risk Assessment
• Data Analysis
• Regulatory Knowledge

Soft Skills

• Attention to Detail
• Communication Skills

Certifications

• ACII or equivalent
• CII Level 3 Certificate in Insurance

Languages

• English: Fluent

Advantageous

• Experience with automated underwriting systems: Familiarity with technology-driven underwriting platforms.
• Knowledge of specialty lines of insurance: Understanding of niche insurance markets.

Benefits

• Competitive salary package
• Comprehensive health and dental insurance
• Generous pension scheme
• Flexible working hours
• Professional development opportunities

Company Culture

• Inclusivity: We embrace a culture of respect and inclusion, valuing diverse perspectives.
• Collaboration: Our teams work closely to achieve common goals and share knowledge.
• Innovation: We encourage out-of-the-box thinking to solve modern insurance challenges.