Insurance Underwriter - Specialist Lines

Placements24; Kimberley; On-site; CAD 90,000 - 130,000; Full time

Job summary

Placements24 in Kimberley is seeking a highly specialized Insurance Underwriter to manage a portfolio of niche and complex insurance lines on-site.

You will examine risks, work with brokers, and apply underwriting judgment to drive profitable growth while staying current with market trends.

Qualifications

• Bachelor's degree in Business, Finance, Law, or a related field.
• At least 5 years of proven experience in underwriting specialty insurance lines.
• In-depth knowledge of Professional Indemnity, Cyber, D&O, or similar.

Responsibilities

• Underwrite complex and specialty insurance risks, including professional indemnity, D&O, and cyber liability.
• Analyze financial statements, loss history, and operational exposures to determine risk acceptability and pricing.
• Negotiate terms, conditions, and pricing with brokers and clients to secure profitable business.
• Develop and maintain strong relationships with key broking partners and clients.
• Stay current with market trends, regulatory changes, and emerging risks in specialist lines.

Skills

Underwriting

Analytical

Negotiation

Communication

Decision-making

Education

Bachelor's degree in Business/Finance/Law

Job description

About the Role

Our client is seeking a highly specialized and experienced Insurance Underwriter for their Kimberley office, focusing on niche and complex insurance lines. This on-site role requires deep expertise in assessing unique risks and developing tailored insurance solutions. You will manage a portfolio of challenging accounts, work closely with brokers to understand intricate needs, and apply sophisticated underwriting judgment to ensure profitable business growth within the Northern Cape region.

Key Responsibilities

• Underwrite complex and specialty insurance risks, including professional indemnity, D&O, and cyber liability.
• Analyze financial statements, loss history, and operational exposures to determine risk acceptability and pricing.
• Negotiate terms, conditions, and pricing with brokers and clients to secure profitable business.
• Develop and maintain strong relationships with key broking partners and clients.
• Stay current with market trends, regulatory changes, and emerging risks in specialist lines.

Requirements

• Bachelor's degree in Business, Finance, Law, or a related field.
• Minimum of 5 years of proven experience in underwriting specialty insurance lines.
• In-depth knowledge of specific lines such as Professional Indemnity, Cyber, D&O, or similar.
• Strong analytical, decision-making, and negotiation skills.
• Excellent communication and interpersonal skills for building broker relationships.

Benefits

• Competitive annual salary with performance incentives.
• On-site position based in Kimberley, fostering team collaboration.
• Comprehensive medical aid and retirement fund benefits.
• Opportunities for professional development and specialization training.
• A supportive team environment within a respected insurance firm.