Underwriter - Specialty Lines

Placements24; Windsor Park (TN); Presencial; USD 55.000 - 67.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Medical aid

Retirement fund

Bonuses based on performance

Career development opportunities

Descripción de la vacante

Placements24 is seeking a skilled Underwriter for Specialty Lines based in East London, Eastern Cape. You will assess and price complex risk exposures, set terms and conditions, and build strong broker and client relationships.

The role requires a minimum of 5 years in underwriting with a focus on specialty lines and a solid grasp of the South African insurance market and regulations. Collaboration with claims, legal, and product teams is essential.

Formación

• Bachelor’s degree in Commerce, Finance, Risk Management, or a related discipline.
• Professional insurance qualifications (e.g., ACII, CIP) are advantageous.
• Minimum of 5 years of underwriting experience with a focus on specialty lines.
• Proven ability to analyze and underwrite complex risks accurately.
• Strong understanding of the South African insurance market and regulatory landscape.
• Excellent analytical, decision-making, and problem-solving skills.
• Effective communication, negotiation, and interpersonal skills.
• Proficiency in underwriting systems and Microsoft Office Suite.
• Ability to work independently and in a team.
• Reside in or be willing to work in East London.

Responsabilidades

• Underwrite specialty insurance risks including professional indemnity, cyber liability, and D&O.
• Analyze complex risk exposures, financial statements, and relevant documentation.
• Determine policy terms, conditions, and pricing for profitability.
• Develop and maintain relationships with brokers, agents, and clients.
• Collaborate with claims, legal, and product development teams.
• Monitor market trends and competitor activities in specialty lines.
• Ensure compliance with underwriting guidelines and regulatory requirements.
• Provide technical guidance to support sales and client servicing.

Conocimientos

Underwriting

Analytical skills

Communication

Negotiation

Educación

Bachelor’s degree in Commerce, Finance, or Risk Management

Herramientas

Underwriting systems

Microsoft Office

Descripción del empleo

About the Role Our client, a specialist insurer, is seeking a skilled Underwriter for their Specialty Lines division based in East London. This role focuses on evaluating and pricing unique and complex risks that fall outside standard insurance categories. You will leverage your expertise to assess risk exposures, determine appropriate terms and conditions, and build strong relationships with brokers and clients. The position requires a keen eye for detail, strong analytical capabilities, and a solid understanding of niche insurance markets. Join a specialized team in East London, Eastern Cape, contributing to the company's expertise in covering challenging risks.

Key Responsibilities

• Underwrite specialty insurance risks, including professional indemnity, cyber liability, and Directors & Officers (D&O) insurance.
• Analyze complex risk exposures, financial statements, and relevant documentation to assess potential hazards.
• Determine appropriate policy terms, conditions, and pricing to ensure profitable business.
• Develop and maintain strong relationships with brokers, agents, and clients.
• Work collaboratively with claims, legal, and product development teams.
• Monitor market trends and competitor activities within specialty lines.
• Ensure compliance with underwriting guidelines, regulatory requirements, and company policies.
• Provide technical expertise and guidance to support sales and client servicing efforts.

Requirements

• A Bachelor's degree in Commerce, Finance, Risk Management, or a related discipline.
• Professional insurance qualifications (e.g., ACII, CIP) are advantageous.
• A minimum of 5 years of underwriting experience, with a significant portion focused on specialty lines insurance.
• Proven ability to analyze and underwrite complex risks accurately.
• Strong understanding of the South African insurance market and regulatory landscape.
• Excellent analytical, decision-making, and problem-solving skills.
• Effective communication, negotiation, and interpersonal skills.
• Proficiency in underwriting systems and Microsoft Office Suite.
• Ability to work independently and as part of a collaborative team.
• Reside in or be willing to work in East London.

Benefits

• Our client offers a competitive salary package commensurate with experience, along with performance-based bonuses and comprehensive benefits including medical aid and a retirement fund.
• Excellent opportunities for professional development and career advancement within a specialist insurance provider are available.
• Join a dynamic team in East London, Eastern Cape, and become an integral part of their specialized underwriting capabilities.