Insurance Risk Specialist

1 month ago


Durban, KwaZulu-Natal, South Africa The Recruitment Council Full time

About The Role

We are seeking a highly skilled Insurance Risk Specialist to join our dynamic team at The Recruitment Council. As an experienced Commercial Underwriter, you will play a key role in evaluating risks, developing insurance policies, and working closely with brokers to ensure profitable and sustainable coverage.

Key Responsibilities:

  • Risk Assessment: Evaluate commercial insurance applications and assess risk factors.
  • Policies Issuance: Develop, negotiate, and issue policies in line with company standards.
  • Stakeholder Interaction: Build strong relationships with brokers and internal teams.
  • Compliance: Ensure underwriting practices align with regulatory and company guidelines.
  • Market Research: Stay updated on industry trends and emerging risks.
  • Claims Support: Collaborate with the claims team on underwriting-related issues.
  • Documentation: Maintain accurate and detailed records of underwriting decisions.
  • Customer Service: Address inquiries and concerns to ensure client satisfaction and retention.

Requirements:

  • Experience: 2-5 years in commercial underwriting, preferably in short-term insurance.
  • Certifications: Relevant certifications (e.g., NQF Level 4, RE5) are a plus.
  • Skills: Strong analytical skills, communication abilities, and a deep understanding of commercial insurance products.
  • Attributes: Proactive, detail-oriented, customer-focused, and a team player.

What We Offer:

  • Competitive Salary: R450,000 - R600,000 per annum.
  • Opportunities for Growth: We offer a supportive team environment with opportunities for professional growth and development.
  • Dynamic Work Environment: You will work in a dynamic and innovative environment with a leading insurance brokerage in South Africa.

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