Senior Underwriter - Insurance Policies

Placements24; Queenstown; Sur place; NZD 1 100 000 - 1 600 000; Plein temps

Avantages offerts par ce poste

Office in Queenstown

Medical and dental insurance

Pension fund

Life assurance

Training for professional qualifiers

Collaborative culture

Career progression

Résumé du poste

Placements24 is seeking a Senior Underwriter for our client, a leading insurer, based in Queenstown. You will assess and price risks across multiple lines of business, influence underwriting strategy, and help safeguard profitability in a dynamic market.

The position requires at least seven years of underwriting experience, a relevant degree, and strong actuarial understanding. You will collaborate with brokers, claims, and actuarial teams, and pursue professional qualifications to advance

Qualifications

• Bachelor's degree in Finance, Actuarial Science, or Risk Management.
• 7+ years in insurance underwriting.
• Experience with multiple lines (Commercial, Personal, Marine).
• Strong actuarial concepts and risk modeling.
• Proficient in underwriting software and analytical tools.
• Client-facing or broker liaison experience is a plus.

Responsabilités

• Evaluate and underwrite insurance applications and set premiums.
• Analyze financial statements and loss history to guide decisions.
• Build relationships with brokers and agents to grow business.
• Ensure compliance with guidelines, policies and regulations.
• Monitor portfolio performance and identify trends.
• Provide guidance to junior underwriters and support staff.
• Collaborate with claims and actuarial teams on complex cases.
• Approve or decline risks within authority limits.
• Stay updated on industry trends and competitor activity.

Connaissances

Negotiation

Communication

Decision-making

Analytical thinking

Independent work

Formation

Bachelor's degree in Finance/Actuarial Science/Risk Management

ACII

FLMI

Outils

Underwriting software

Analytical tools

Description du poste

About the Role

Our client, a prominent insurer, is seeking a seasoned Senior Underwriter to join their esteemed operations based in **Queenstown, Eastern Cape, ZA**. This critical role involves assessing and pricing risks for new and existing insurance policies across various lines of business. The ideal candidate will possess exceptional analytical acumen, a strong understanding of actuarial principles, and a proven track record in underwriting complex risks. You will be instrumental in guiding the underwriting strategy, ensuring profitability, and maintaining a robust risk portfolio. This is a unique chance to contribute to a forward-thinking company in the **Eastern Cape** and shape the future of underwriting practices. We are committed to fostering talent and providing a platform for significant professional growth.

Key Responsibilities

• Evaluate and underwrite insurance applications, assessing risk factors and determining appropriate premiums.


• Analyze financial statements, loss history, and other relevant data to make informed underwriting decisions.


• Develop and maintain strong relationships with brokers and agents to facilitate business growth.


• Ensure adherence to underwriting guidelines, company policies, and regulatory requirements.


• Monitor the performance of the underwriting portfolio and identify trends or potential issues.


• Provide technical expertise and guidance to junior underwriters and support staff.


• Collaborate with claims and actuarial departments on complex cases and portfolio strategy.


• Approve or decline insurance risks within authority limits.


• Stay abreast of industry developments, market trends, and competitor activities.

Requirements

• A Bachelor's degree in Finance, Actuarial Science, Risk Management, or a related field.


• A minimum of 7 years of progressive experience in insurance underwriting.


• Demonstrated expertise in underwriting multiple lines of business (e.g., Commercial, Personal, Marine).


• Strong understanding of actuarial concepts, statistical analysis, and risk modeling.


• Excellent negotiation, communication, and decision-making skills.


• Proficiency in underwriting software and analytical tools.


• Ability to work independently and make sound judgments in a demanding environment based in **Queenstown**.


• Commitment to continuous professional development and relevant certifications (e.g., ACII, FLMI).


• Experience in a client-facing or broker-liaison role is advantageous.

Benefits

• An attractive salary package reflecting your expertise and experience.


• Opportunity to work from our established **Queenstown** office.


• Comprehensive medical and dental insurance plans.


• Generous pension fund and life assurance benefits.


• Extensive training programs and support for professional qualifications.


• A positive and collaborative work culture.


• Potential for career progression within the organization.