Principal Underwriting Specialist

8 hours ago


Cape Town, Western Cape, South Africa Hire Resolve Full time

At Hire Resolve, we are seeking a skilled Principal Underwriting Specialist to join our team. As a key member of our underwriting department, you will be responsible for evaluating and assessing insurance applications, determining the level of risk associated with each applicant, and making informed decisions based on your expertise in underwriting standards and practices.

About the Role

The ideal candidate will have a strong background in underwriting and risk assessment, as well as excellent analytical skills and attention to detail. You will be responsible for reviewing and analyzing insurance applications, evaluating applicants' financial status, industry experience, and other relevant factors, and making recommendations for policy changes or modifications based on risk assessments.

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
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
Compensation and Benefits

We offer a competitive salary range of $120,000 - $180,000 per year, depending on experience, as well as opportunities for professional growth and advancement. If you meet the above requirements and are looking for a challenging and rewarding career opportunity, please submit your application for the Principal Underwriting Specialist position at Hire Resolve.



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