Senior Underwriter

Hire Resolve; George; On-site; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Benefits

Opportunities for professional growth

Job summary

A leading recruitment agency is seeking a Senior Underwriter to evaluate insurance applications and assess associated risks. Candidates should have a Bachelor's degree in Finance or Business and over 5 years of underwriting experience. Strong analytical and communication skills are essential. This role offers competitive salary and benefits with opportunities for professional growth in George, South Africa.

Qualifications

• 5+ years of experience in underwriting or risk assessment.
• Knowledge of insurance regulations and industry standards.
• Certification in underwriting or related field is a plus.
• Excellent communication and interpersonal skills.
• Knowledge of insurance regulations and industry standards.
• Certification in underwriting or related field is a plus.

Responsibilities

• Review and analyze insurance applications to determine risk levels.
• Evaluate applicant's financial status and industry experience.
• Communicate with clients and brokers to gather additional information.
• Conduct research and gather data to support underwriting decisions.
• Communicate with clients, brokers, and other stakeholders to gather additional information as needed.
• Make recommendations for policy changes or modifications based on risk assessments.
• Monitor and evaluate the performance of existing policies to identify potential risks and recommend appropriate actions.
• Stay current on industry trends and regulatory changes to ensure compliance with underwriting standards.

Skills

Strong analytical skills

Attention to detail

Excellent communication skills

Ability to work independently

Insurance regulations knowledge

Education

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

Job description

Job Description

Our Client is seeking a skilled and experienced Senior Underwriter to join their team. The ideal candidate will have a strong background in underwriting and risk assessment, along with excellent analytical skills and attention to detail. The Senior Underwriter will be responsible for evaluating and assessing insurance applications and determining the level of risk associated with each applicant. This role requires a high level of expertise in underwriting standards and practices, as well as the ability to make sound decisions based on risk assessment.

Key Responsibilities

• Review and analyze insurance applications to determine risk levels
• Evaluate applicant's financial status, industry experience, and other relevant factors
• Review and assess policy documents to ensure accuracy and completeness
• Conduct research and gather data to support underwriting decisions
• Communicate with clients, brokers, and other stakeholders to gather additional information as needed
• Make recommendations for policy changes or modifications based on risk assessments
• Monitor and evaluate the performance of existing policies to identify potential risks and recommend appropriate actions
• Stay current on industry trends and regulatory changes to ensure compliance with underwriting standards

Qualifications

• Bachelor's degree in Finance, Business, or related field
• 5+ years of experience in underwriting or risk assessment
• Strong analytical skills and attention to detail
• Excellent communication and interpersonal skills
• Ability to work independently and make sound decisions
• Knowledge of insurance regulations and industry standards
• Certification in underwriting or related field is a plus

If you meet the above requirements and are looking for a challenging and rewarding career opportunity, we encourage you to apply for the Senior Underwriter position at our company. We offer competitive salary and benefits, along with opportunities for professional growth and advancement.