Underwriting Specialist
1 week ago
The role of the Underwriting Specialist is to provide a high level of service to clients by obtaining and assessing medical and underwriting requirements. The successful candidate will be responsible for evaluating insurance applications, determining risk levels, and approving or declining applications based on underwriting guidelines and risk assessment.
The ideal candidate will have strong analytical and decision-making skills, as well as excellent communication and interpersonal skills. They will also have proficiency in underwriting software and Microsoft Office Suite.
In this role, you will work closely with other departments such as claims, sales, and customer service to ensure a seamless customer experience.
- Key Responsibilities:
- Evaluate insurance applications to determine risk levels
- Approve or decline applications based on underwriting guidelines and risk assessment
- Ensure all underwriting decisions are documented accurately and comprehensively
- Communicate with agents, brokers, and customers to gather necessary information and explain underwriting decisions
- Stay updated with industry trends, regulatory changes, and best practices in underwriting
To be successful in this role, you will need:
- NQF5 in Short term Insurance, RE5 and FAIS Compliant
- Minimum of 3 years of experience in personal lines underwriting and 5 years' experience in Short Term insurance
- Strong analytical and decision-making skills
- Excellent communication and interpersonal skills
- Proficiency in underwriting software and Microsoft Office Suite
We offer a challenging working environment and opportunities to network and collaborate.
You will have access to:
- A competitive salary package
- A comprehensive benefits package
- Ongoing training and development opportunities
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