Commercial Insurance Underwriter

Placements24; Kimberley; On-site; CAD 36,000 - 69,000; Full time

Benefits offered by this job

Medical aid

Retirement fund contributions

Performance-based incentives

Professional development

Job summary

Placements24 is seeking a Commercial Insurance Underwriter to join our client’s Kimberley office. You will assess risks, set terms and pricing, and negotiate with brokers to drive profitable business.

Ideal candidates have 4+ years in commercial underwriting, strong risk analysis skills, and familiarity with property and casualty lines. You will work on-site in Kimberley, ZA, with opportunities for professional development and certifications.

Qualifications

• Bachelor's degree in Business, Finance, Risk Management or related field.
• Minimum 4 years of experience in commercial insurance underwriting.
• Strong knowledge of commercial property, casualty, and other lines.
• Excellent analytical, critical thinking, and decision-making skills.
• Proficiency in underwriting systems and standard office software.
• Effective communication, negotiation and relationship-building skills.
• Ability to manage a challenging workload and prioritize effectively.
• Must work from Kimberley office in Kimberley, Northern Cape, ZA.
• Professional underwriting qualifications (AU) are a plus.

Responsibilities

• Evaluate commercial insurance applications and submissions, assessing risks and exposures.
• Determine policy terms, conditions, pricing and coverage limits based on risk analysis.
• Negotiate with brokers and agents to secure profitable business.
• Ensure compliance with underwriting guidelines, policies and regulatory requirements.
• Monitor performance of the underwritten portfolio and identify trends.
• Provide underwriting support and guidance to junior staff.
• Stay current with industry trends, market conditions and competitor activity.
• Approve or decline risks within authority limits.
• Contribute to underwriting strategies and appetite.

Skills

Analytical skills

Communication

Negotiation

Risk management

Underwriting systems

Prioritization

Relationship-building

AU qualification (plus)

Education

Bachelor's degree in Business/Finance/Risk Management

Tools

Microsoft Office

Job description

About the Role Our client, a leading insurer specializing in commercial lines, is seeking a skilled Commercial Insurance Underwriter to join their team in **Kimberley, Northern Cape, ZA**.

This role is essential for assessing and accepting commercial risks, determining appropriate terms, conditions, and pricing to ensure profitable underwriting outcomes. The ideal candidate will have a strong understanding of commercial insurance products, risk assessment techniques, and market dynamics. You will work closely with brokers and agents to build relationships, evaluate submissions, and provide clear underwriting decisions. This position requires sharp analytical skills, sound judgment, and a commitment to upholding underwriting excellence. You will play a key role in the growth and success of our client's commercial portfolio in **Kimberley, Northern Cape, ZA**.

Key Responsibilities

• Evaluate commercial insurance applications and submissions, assessing risks and exposures.
• Determine appropriate policy terms, conditions, pricing, and coverage limits based on risk analysis.
• Negotiate with brokers and agents to secure profitable business and manage broker relationships.
• Ensure compliance with underwriting guidelines, company policies, and regulatory requirements.
• Monitor the performance of the underwritten portfolio, identifying trends and potential issues.
• Provide technical underwriting support and guidance to junior staff and support teams.
• Stay current with industry trends, market conditions, and competitor activities.
• Approve or decline risks within designated authority limits.
• Contribute to the development and refinement of underwriting strategies and appetite.

Requirements

• A bachelor's degree in Business, Finance, Risk Management, or a related field.
• Minimum of 4 years of experience in commercial insurance underwriting.
• Strong knowledge of commercial property, casualty, and other relevant lines of business.
• Excellent analytical, critical thinking, and decision-making skills.
• Proficiency in underwriting systems and standard office software.
• Effective communication, negotiation, and relationship-building skills.
• Ability to manage a challenging workload and prioritize effectively.
• Must be able to work effectively from our office in **Kimberley, Northern Cape, ZA**.
• Professional underwriting qualifications (e.g., AU) are a plus.

Benefits

• Our client offers a competitive salary and a comprehensive benefits package including medical aid, retirement fund contributions, and performance-based incentives.
• Employees benefit from opportunities for professional development, including ongoing training, mentorship, and support for relevant certifications.
• The role is based in our **Kimberley, Northern Cape, ZA** office, providing a professional and collaborative work environment.
• Additional benefits include ample paid time off and access to employee assistance programs.
• This is an excellent opportunity for an experienced underwriter to join a reputable insurance company and contribute to its continued success in the commercial insurance market.