Junior Insurance Underwriter

Placements24; South Africa; On-site; ZAR 180,000 - 240,000; Full time

Benefits offered by this job

Comprehensive health insurance

Training and certification programs

Paid time off and holidays

Structured career path within the保险行业

Job summary

Placements24 is seeking a Junior Insurance Underwriter in Tembisa to learn risk assessment, pricing, and policy terms. You will work with senior underwriters and agents to support underwriting decisions and grow your career in insurance.

The role emphasizes attention to detail, strong analytical skills, and a proactive learning attitude within a collaborative team.

Qualifications

• Bachelor's degree requirement as listed in the posting.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organisational abilities.
• Effective communication and interpersonal skills.
• Eagerness to learn and grow in insurance underwriting.
• Familiarity with insurance products and concepts is a plus.

Responsibilities

• Review and analyze insurance applications for accuracy and completeness.
• Assess risks associated with potential policyholders based on guidelines.
• Determine coverage terms, conditions, and pricing for new policies.
• Communicate with agents/brokers to gather information and explain underwriting decisions.
• Assist senior underwriters with complex cases and portfolio analysis.
• Maintain accurate records of underwriting decisions and policy details.

Skills

Analytical thinking

Attention to detail

Organizational skills

Communication

Eagerness to learn

Education

Bachelor's degree in Finance, Business, Risk Management, or related field

Job description

About the Role

Our client is looking for an eager and analytical Junior Insurance Underwriter to join their growing team in Tembisa. In this role, you will learn to assess risks and determine the eligibility and pricing of insurance applications. You will work closely with senior underwriters and agents, contributing to the profitable growth of the company by making sound underwriting decisions. This is an excellent opportunity for an individual with a keen eye for detail and a desire to build a successful career in the insurance industry, becoming part of a supportive team that values continuous learning and professional development.

Key Responsibilities

• Review and analyze insurance applications for accuracy and completeness.
• Assess risks associated with potential policyholders based on established guidelines.
• Determine appropriate coverage terms, conditions, and pricing for new policies.
• Communicate with agents and brokers to gather necessary information and explain underwriting decisions.
• Assist senior underwriters with complex cases and portfolio analysis.
• Maintain accurate records of underwriting decisions and policy details.

Requirements

• Bachelor's degree in Finance, Business, Risk Management, or a related field.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational abilities.
• Effective communication and interpersonal skills.
• Eagerness to learn and develop expertise in insurance underwriting.
• Familiarity with insurance products and concepts is a plus.

Benefits

• Competitive starting salary and opportunities for regular salary increases based on performance.
• Comprehensive health insurance coverage.
• Company-sponsored training and certification programs.
• Paid time off and holiday leave.
• A structured career path within the insurance sector.