Chief Underwriting Officer (Cuo)

Placements24; Pretoria; Híbrido; ZAR 3.000.000 - 5.000.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Executive compensation package

Private medical, dental, optical

Retirement contributions

Stock options or equity participation

Executive coaching & development

Hybrid work model in Pretoria

Company car or car allowance

Descripción de la vacante

Placements24 client seeks a visionary Chief Underwriting Officer (CUO) to lead the underwriting division from Pretoria, Gauteng. This executive position defines strategic direction, profitability, and risk appetite for all underwriting operations within the insurance group.

The CUO will guide policy creation, governance, and compliance across commercial, personal, and specialty lines, while driving growth and operational excellence in a hybrid work environment in Gauteng.

Formación

• Requires a Master's degree in Finance, Business Administration or Actuarial Science or related field.
• Proven track record in executive underwriting leadership and risk management.
• Experience with diverse insurance lines and South African regulatory environments.

Responsabilidades

• Develop and implement the overall underwriting strategy aligned with financial objectives and risk appetite.
• Set and monitor underwriting guidelines, authority levels, and performance metrics across lines of business.
• Manage the company's risk portfolio, ensuring diversification and optimal risk transfer.
• Lead and mentor underwriting teams, fostering expertise and collaboration.
• Collaborate with executives across finance, actuarial, and claims to drive growth and efficiency.
• Ensure compliance with South African insurance regulations and legal requirements.
• Analyze market trends to identify opportunities and threats.
• Represent the company in industry forums and risk-management engagements.

Conocimientos

Strategic leadership

Risk management

Underwriting expertise

Stakeholder management

Communication

Decision making

Educación

Master's degree in Finance

Master's degree in Business Administration

Actuarial Science

Descripción del empleo

About the Role

Our client, a rapidly expanding and innovative insurance group, is looking for a visionary Chief Underwriting Officer (CUO) to lead their underwriting division from Pretoria, Gauteng. This executive-level position is responsible for setting the strategic direction of the company's underwriting operations, ensuring profitable growth, and managing the overall risk appetite. The CUO will oversee all underwriting policies, procedures, and guidelines, ensuring compliance with regulatory standards and industry best practices. This hybrid role offers the opportunity to blend strategic in-office leadership with flexible remote work arrangements. We are seeking a seasoned executive with a deep understanding of diverse insurance lines, risk management, and market dynamics. The ideal candidate will possess exceptional leadership qualities, strategic acumen, and a proven ability to drive underwriting excellence within the Gauteng insurance landscape. This is a critical role shaping the financial health and long-term success of our client.

Key Responsibilities

• Develop and execute the overall underwriting strategy, ensuring alignment with the company's financial objectives and risk tolerance.
• Establish and monitor underwriting guidelines, authority levels, and performance metrics across all lines of business.
• Oversee the management of the company's risk portfolio, ensuring diversification and appropriate risk transfer mechanisms.
• Lead and mentor the underwriting team, fostering a culture of expertise, collaboration, and continuous improvement.
• Collaborate with executive leadership, finance, actuarial, and claims departments to drive profitable growth and operational efficiency.
• Ensure compliance with all relevant insurance regulations and legal requirements in South Africa.
• Analyze market trends, competitor activities, and emerging risks to identify new opportunities and potential threats.
• Represent the company in industry forums and engagements related to underwriting and risk management.

Requirements

• Master's degree in Finance, Business Administration, Actuarial Science, or a related field.
• 15+ years of progressive leadership experience in the insurance industry, with a significant focus on underwriting and risk management.
• Demonstrated success in developing and implementing profitable underwriting strategies.
• In-depth knowledge of various insurance lines, including commercial, personal, and specialty insurance.
• Strong understanding of financial modeling, risk assessment methodologies, and regulatory compliance.
• Exceptional leadership, strategic thinking, and decision-making skills.
• Proven ability to build and manage high-performing teams.
• Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels.
• Experience working within the Gauteng region's financial sector is an advantage.

Benefits

• Executive-level compensation package including a substantial base salary and annual bonus.
• Comprehensive executive health benefits, including private medical, dental, and optical coverage.
• Generous retirement savings plan with employer contributions.
• Stock options or equity participation in the company.
• Significant opportunities for professional development and executive coaching.
• Hybrid work model offering a blend of office presence and remote flexibility in Pretoria.
• Company car or car allowance.
• Performance-based incentives tied to company growth and profitability.