Underwriter

Placements24; George; On-site; ZAR 420,000 - 650,000; Full time

Benefits offered by this job

Health insurance

Retirement benefits

Professional qualifications support

Full-time employment

Job summary

Placements24 is seeking an experienced Insurance Underwriter to join our client’s team in George, Western Cape. You will assess risks, apply underwriting guidelines, and determine policy terms to support profitable growth.

The ideal candidate has at least 3 years in underwriting, strong analytical skills, and proficiency with underwriting software. A FLMI or related certification is a plus; we offer full-time employment and a comprehensive benefits package.

Qualifications

• Minimum of 3 years of experience in insurance underwriting.
• Solid understanding of risk assessment principles.
• Excellent decision-making and attention to detail.
• Strong communication and negotiation abilities.
• Proficiency in underwriting software and data analysis tools.
• Relevant professional certifications (e.g., FLMI) are a significant plus.

Responsibilities

• Analyze insurance applications to assess risk and insurability.
• Apply underwriting guidelines to approve, modify, or decline applications.
• Calculate and set premiums based on risk.
• Keep up-to-date with market trends and regulatory changes.
• Communicate underwriting decisions and rationale to brokers and agents.
• Collaborate with sales and claims teams to ensure a seamless customer experience.

Skills

Underwriting

Risk assessment

Communication

Software tools

Education

FLMI certification

Tools

Underwriting software

Data analysis tools

Job description

About the Role

Our client is seeking an experienced Underwriter to join their dedicated team in George . This position is vital for assessing and managing risks associated with insurance applications, ensuring that the company's underwriting policies are applied consistently and effectively. You will play a key role in evaluating applications, determining policy terms, and contributing to the profitable growth of the business within the Western Cape region. This is a fantastic opportunity for a meticulous professional looking to advance their career in a stable and reputable insurance firm.

Key Responsibilities

• Analyze insurance applications to assess risk factors and determine insurability.
• Apply underwriting guidelines and company policies to approve, modify, or decline applications.
• Calculate and set appropriate premiums based on risk assessment.
• Maintain up-to-date knowledge of market trends, competitor activities, and regulatory changes.
• Communicate underwriting decisions and rationale to brokers and agents.
• Collaborate with the sales and claims departments to ensure seamless customer experience.

Requirements

• Minimum of 3 years of experience in insurance underwriting , preferably in (specific insurance type, e.g., property, casualty).
• Solid understanding of risk assessment principles and financial analysis.
• Excellent decision-making skills and attention to detail.
• Strong communication and negotiation abilities.
• Proficiency in underwriting software and data analysis tools.
• Relevant professional certifications (e.g., FLMI) are a significant plus.

Benefits

• An attractive annual salary package commensurate with experience.
• Full-time employment with standard working hours in George .
• Comprehensive health insurance and retirement benefits.
• Structured training programs and support for professional qualifications.
• A collaborative workplace fostering professional growth and development.