Professional Indemnity Underwriter

Placements24; Kimberley; On-site; CAD 56,000 - 77,000; Full time

Benefits offered by this job

Competitive salary

Performance-based bonuses

Medical aid and retirement fund

Growth opportunities

Specialized role in high-demand sector

Supportive team in Kimberley

Professional memberships

Generous annual leave

Job summary

Placements24 is seeking a Professional Indemnity Underwriter to join our client’s team in Kimberley, Northern Cape. The role focuses on assessing risks for professionals across sectors and providing appropriate coverage.

You will evaluate applications, set terms and pricing, and manage client relationships to grow the portfolio. The ideal candidate has at least 4 years of underwriting experience in professional indemnity, strong analytical skills, and proficiency with underwriting systems and MS

Qualifications

• 4+ years of underwriting experience, focused on professional indemnity or professional liability.
• Strong understanding of various professions and associated legal/financial risks.
• Ability to analyze complex risks and make sound underwriting decisions.
• Excellent negotiation, communication and interpersonal skills.
• Strong analytical and problem-solving capabilities.
• Proficiency in underwriting systems and Microsoft Office Suite.
• Bachelor's degree in Finance, Law, Business or related field preferred.
• Relevant professional qualifications (e.g., ACII, FLMI) desirable.
• Must be based in or relocate to Kimberley, Northern Cape.

Responsibilities

• Underwrite professional indemnity insurance proposals, assessing risks and risk management practices.
• Determine accurate premium rates, deductibles and policy wording.
• Cultivate and maintain relationships with brokers, agents and clients.
• Monitor industry trends, legal developments and emerging risks.
• Collaborate with claims handlers to understand loss trends and inform underwriting strategies.
• Ensure adherence to underwriting guidelines and company objectives.
• Provide guidance to junior underwriters and sales teams.
• Analyze portfolio performance and contribute to regional strategic planning.

Skills

Underwriting

Negotiation

Communication

Analytical thinking

Problem-solving

Education

Bachelor's degree

Tools

Underwriting systems

Microsoft Office

Job description

About the Role

Our client, a leading provider of professional liability insurance, is looking for a dedicated Professional Indemnity Underwriter to join their team in **Kimberley, Northern Cape**. This role focuses on assessing the risks faced by professionals across various sectors, such as lawyers, doctors, engineers, and consultants, and providing appropriate insurance coverage. You will be responsible for evaluating applications, setting terms and pricing, and managing client relationships to ensure the growth and profitability of the professional indemnity portfolio. This is a key position within the **Kimberley** branch, requiring specialized knowledge and strong analytical skills.

Key Responsibilities

• Underwrite professional indemnity insurance proposals, assessing the professional services offered, potential liabilities, and risk management practices.
• Determine accurate premium rates, deductibles, and policy wording tailored to specific professional risks.
• Cultivate and maintain strong relationships with brokers, agents, and clients.
• Monitor industry trends, legal developments, and emerging risks that may impact professional liability exposures.
• Collaborate with claims handlers to understand loss trends and inform underwriting strategies.
• Ensure adherence to underwriting guidelines, compliance standards, and company objectives.
• Provide guidance and support to junior underwriters and sales teams.
• Analyze portfolio performance and contribute to strategic planning for the **Kimberley** region.

Requirements

• Minimum of 4 years of experience in underwriting, with a significant focus on professional indemnity or professional liability insurance.
• In-depth understanding of various professions and the associated legal and financial risks.
• Proven ability to analyze complex risks and make sound underwriting decisions.
• Excellent negotiation, communication, and interpersonal skills.
• Strong analytical and problem‑solving capabilities.
• Proficiency in underwriting systems and Microsoft Office Suite.
• A Bachelor's degree in Finance, Law, Business, or a related field is preferred.
• Relevant professional insurance qualifications (e.g., ACII, FLMI) are highly desirable.
• Must be based in or willing to relocate to **Kimberley, Northern Cape**.

Benefits

• Competitive salary package.
• Performance‑based bonuses.
• Comprehensive medical aid and retirement fund benefits.
• Opportunities for professional growth and development.
• Specialized role within a high-demand insurance sector.
• A supportive team environment in **Kimberley**.
• Contribution towards professional memberships.
• Generous annual leave.