Insurance Underwriter

Job Description

As an Insurance Underwriter specialising in automobile and property insurance, you will evaluate and assess risks associated with insurance policies. You will analyse data to determine coverage and pricing, while ensuring the profitability of the organisation.

Responsibilities

• Review and assess insurance applications for coverage eligibility.
• Utilise analytical skills to determine risk exposure and mitigate losses.
• Work closely with claims specialists and sales teams to ensure seamless processes.
• Prepare and maintain detailed records of underwriting actions.
• Develop relationships with clients to improve service delivery.
• Identify opportunities for improvements in underwriting processes.
• Provide training and support to junior underwriters.
• Engage in continuous professional development to stay current with underwriting practices.
• Prepare reports on industry trends and regulatory changes affecting the organisation.

Requirements

Education

• Bachelor's degree in a related field.
• Certification in relevant insurance fields preferred.

Experience

• 2+ years of experience in insurance underwriting.

Technical Skills

• Risk Assessment

Soft Skills

• Problem-solving

Certifications

• ACII (Associate of the Chartered Insurance Institute)

Languages

• English: Fluent

Advantageous

• Familiarity with Property Valuation Methods: Knowledge of methods used for property valuation in underwriting.

Benefits

• Excellent remuneration package.
• Comprehensive health and wellness benefits.
• Generous annual leave policy.
• Professional development opportunities.
• Support for further education and certifications.

Company Culture

• Innovation: Our company fosters an environment of innovation where new ideas are embraced.
• Supportive Environment: We promote a supportive atmosphere that encourages employees to voice their opinions.