Senior Insurance Underwriting Manager

Placements24; Southampton; Híbrido; GBP 45.000 - 81.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Salary bonus

Medical benefits

Retirement plan

Professional development

Hybrid work

Advanced analytics tools

Generous leave

Descripción de la vacante

Placements24 is seeking a seasoned Senior Insurance Underwriting Manager to lead underwriting operations in Randburg, Gauteng. This strategic role sets underwriting strategy, mentors a team of experienced underwriters, and drives profitable portfolio growth in South Africa.

You will refine guidelines, assess complex risks, monitor performance against metrics, and collaborate with claims, actuarial and sales to achieve business objectives.

Formación

• A minimum of 10 years of progressive underwriting experience with 5+ in a management role.
• Proven expertise across commercial and personal lines underwriting.
• Strong leadership, team management and motivational skills.
• Deep knowledge of risk assessment, pricing strategies and contracts.
• Excellent analytical and decision-making abilities.
• Understanding of South African regulatory environment.
• Proficiency in underwriting software and analytics tools.
• Strong communication and negotiation skills.
• Relevant tertiary qualification in Insurance, Finance, or Business.

Responsabilidades

• Oversee daily operations of the underwriting department.
• Develop and enforce underwriting policies and guidelines.
• Lead, mentor, and develop underwriters for high performance.
• Analyze complex risks and decisions on coverage and pricing.
• Monitor performance against metrics and identify improvements.
• Collaborate with claims, actuarial, and sales to meet objectives.
• Ensure regulatory compliance and best practices.
• Contribute to strategic planning and business development.
• Manage relationships with brokers and agents for underwriting support.
• Stay informed on market trends and emerging risks.

Conocimientos

Leadership

Underwriting strategy

Risk assessment

Team development

Regulatory knowledge

Educación

Bachelor's degree in Insurance/Finance/Business

Herramientas

Underwriting software

Analytics tools

MS Office

Descripción del empleo

About the Role

Our client is looking for a seasoned and strategic Senior Insurance Underwriting Manager to lead their underwriting operations in Randburg, Gauteng . This leadership role is pivotal in setting underwriting strategy, managing a team of experienced underwriters, and ensuring the profitable growth of the company's insurance portfolio. You will be instrumental in refining underwriting guidelines, assessing complex risks, and maintaining high standards of quality and efficiency. The ideal candidate possesses extensive expertise in underwriting across various lines of business, strong leadership acumen, and a deep understanding of the South African insurance market. This is an exceptional opportunity to make a significant impact within a reputable firm in the bustling economic hub of Gauteng , based in Randburg .

Key Responsibilities

• Oversee and manage the day-to-day operations of the underwriting department.
• Develop, implement, and enforce underwriting policies, procedures, and guidelines.
• Lead, mentor, and develop a team of underwriters to ensure high performance and professional growth.
• Analyze complex risks and make critical decisions on coverage, pricing, and terms.
• Monitor underwriting performance against key metrics, identifying areas for improvement.
• Collaborate with other departments, including claims, actuarial, and sales, to achieve business objectives.
• Ensure compliance with all relevant regulatory requirements and industry best practices.
• Contribute to strategic planning and business development initiatives.
• Manage relationships with brokers and agents, providing expert underwriting support.
• Stay abreast of market trends, economic conditions, and emerging risks that may impact underwriting.

Requirements

• A minimum of 10 years of progressive experience in insurance underwriting, with at least 5 years in a management or supervisory role.
• Proven expertise in underwriting various insurance products (e.g., commercial lines, personal lines).
• Strong leadership, team management, and motivational skills.
• In-depth knowledge of risk assessment, pricing strategies, and insurance contracts.
• Excellent analytical, decision-making, and problem-solving abilities.
• Understanding of the South African insurance regulatory environment.
• Proficiency in underwriting software, analytics tools, and MS Office Suite.
• Strong communication, negotiation, and interpersonal skills.
• A relevant tertiary qualification in Insurance, Finance, Business, or a related discipline.
• Ability to work effectively in a hybrid environment, balancing office and remote responsibilities.

Benefits

• Highly competitive salary and performance-based bonus structure.
• Comprehensive medical and retirement benefits.
• Opportunities for professional development and executive leadership training.
• A sophisticated and collaborative work environment.
• Hybrid work model enhancing work-life balance.
• Access to advanced analytical tools.
• Generous leave provisions.