Senior Commercial Lines Underwriter - Mining & Industrial Focus

Placements24; Willows (CA); On-site; USD 48,000 - 72,000; Full time

Benefits offered by this job

Competitive salary package

Annual performance bonus

Medical aid and retirement fund

Professional development and training

Exposure to diverse risks and advanced

Job summary

Placements24 is seeking a Senior Commercial Lines Underwriter for an office-based role focused on mining and industrial risks. You will assess, price, and underwrite complex commercial insurance, building strong broker relationships and ensuring profitable portfolio management.

Ideal candidates bring 5+ years in commercial lines underwriting, ACII/IISA preferred, with strong analytical and negotiation skills. Role requires relocation to Welkom or local presence.

Qualifications

• Minimum 5 years in commercial lines insurance underwriting with industrial/mining focus.
• Knowledge of property, casualty, and business interruption products.
• Strong risk assessment, pricing, and portfolio management.
• Excellent communication and broker relationship skills.
• Ability to work independently and meet deadlines.
• Willing to relocate to Welkom or based there.

Responsibilities

• Assess, price, and underwrite commercial risks in mining and industrial sectors.
• Build profitable relationships with brokers and intermediaries.
• Analyze financial statements, risk surveys, and documents to evaluate exposure.
• Determine policy terms, conditions, and premiums for profitability.
• Monitor underwriting portfolio performance and adjust as needed.
• Ensure compliance with guidelines and regulatory requirements.
• Collaborate with claims and risk control teams for integrated solutions.
• Provide guidance to junior underwriters and staff.
• Contribute to development of underwriting tools and strategies.
• Stay updated on market developments and emerging risks.

Skills

Underwriting

Risk assessment

Broker relations

Portfolio management

Analytical skills

Negotiation

Education

ACII / IISA

Tools

Underwriting systems

MS Office Suite

Job description

About the Role Our client, a highly respected insurance underwriter, is looking for a Senior Commercial Lines Underwriter to join their established team in Welkom . This critical role will focus on underwriting a diverse portfolio of commercial insurance business, with a specific emphasis on the mining and industrial sectors prevalent in the Free State region. The ideal candidate will possess a robust understanding of commercial insurance products, risk assessment methodologies, and the unique challenges faced by industrial clients. You will be responsible for evaluating complex risks, determining appropriate terms and premiums, and building strong relationships with brokers to foster profitable growth. This is an outstanding opportunity to apply your expertise in a challenging market, contributing significantly to the company's success. You will work closely with sales teams and claims specialists to ensure comprehensive risk management solutions are provided to clients. The role demands a strategic thinker with a proven ability to manage a substantial book of business and navigate the complexities of industrial insurance underwriting. This is an office-based position requiring full engagement with the local market dynamics.

Key Responsibilities

• Assess, price, and underwrite commercial insurance risks, particularly within the mining and industrial sectors.
• Develop and maintain strong, profitable relationships with brokers and intermediaries.
• Analyze financial statements, risk surveys, and other relevant documentation to evaluate exposures.
• Determine appropriate policy terms, conditions, and premiums to achieve profitable results.
• Monitor the performance of the underwriting portfolio, identifying trends and implementing corrective actions.
• Ensure compliance with underwriting guidelines, regulatory requirements, and company policies.
• Collaborate with claims and risk control departments to provide integrated solutions to clients.
• Provide technical guidance and support to junior underwriters and support staff.
• Contribute to the development and enhancement of underwriting tools and strategies.
• Stay abreast of market developments, competitor activities, and emerging risks in the commercial insurance landscape.

Requirements

• A minimum of 5 years of experience in commercial lines insurance underwriting, with a significant focus on industrial or mining sectors.
• Comprehensive knowledge of commercial insurance products, including property, casualty, and business interruption.
• Demonstrated ability in risk assessment, pricing, and portfolio management.
• Strong analytical, negotiation, and decision-making skills.
• Excellent communication and interpersonal skills, with the ability to build rapport with brokers.
• Proficiency in underwriting systems and MS Office Suite.
• Relevant professional insurance qualifications (e.g., ACII, IISA) are highly desirable.
• Ability to work independently, manage priorities, and meet deadlines.
• A proactive approach to problem-solving and continuous improvement.
• Based in or willing to relocate to Welkom .

Benefits

• Competitive salary package commensurate with your expertise and experience in the field.
• Attractive annual performance bonus structure.
• Comprehensive medical aid and retirement fund benefits.
• Opportunities for professional development, ongoing training, and career advancement.
• A supportive and professional working environment within a leading insurance organization.
• Exposure to diverse and challenging commercial risks within the Free State region.
• Access to sophisticated underwriting tools and resources.