Insurance Underwriter

Job Description

As an Insurance Underwriter, you will assess and evaluate insurance applications, determining risk profiles and setting appropriate coverage limits. Your expertise will guide decision-making, ensuring informed underwriting practices.

Responsibilities

• Assess applications for a variety of insurance products.
• Establish and maintain relationships with brokers.
• Implement effective risk mitigation strategies.
• Provide training to junior underwriters and support staff.
• Prepare reports for management on underwriting performance.
• Ensure compliance with legal and regulatory standards.
• Stay informed on market trends and their implications for underwriting.

Requirements

Education

• Bachelor’s degree in Economics or a related field
• Advanced qualifications in underwriting are preferred

Experience

• 5+ years’ experience in underwriting or insurance-related roles

Technical Skills

• Insurance market knowledge
• Claim assessment

Soft Skills

• Critical thinking
• Customer service orientation

Certifications

• Fellowship of the Chartered Insurance Institute (FCII)

Languages

• English: Fluent

Advantageous

• Networking skills with industry peers: Ability to build and maintain relationships within the insurance sector.
• Analytical software proficiency: Experience using software for data analysis to improve underwriting decisions.

Benefits

• Bonus structure based on performance
• Training and development opportunities
• Work-life balance initiatives
• Employee discount programs

Company Culture

• Innovation: Innovation is at our heart, and we encourage creative thinking to solve complex challenges.
• Flexibility: We provide flexible working options to ensure a great work-life balance.
• Continuous Learning: We promote continuous learning and support professional development through various training programs.