Chief Underwriting Officer - Durban (Relocation)

Placements24; Durban; Hybrid; ZAR 3,500,000 - 6,000,000; Full time

Benefits offered by this job

Executive bonus

Health benefits

Company car

Relocation assistance

Leadership coaching

Job summary

Placements24 seeks a visionary Chief Underwriting Officer (CUO) to lead underwriting from Durban, driving strategy, risk management and profitability across the portfolio.

The role demands deep knowledge of global markets, financial modeling and regulatory environments, with a track record of leading large, multi-disciplinary teams and delivering innovative underwriting solutions. International and domestic travel are expected.

Qualifications

• Master's degree in Business Administration, Finance, Actuarial Science, or related field.
• PhD or designation such as FCAS/FCAA is highly advantageous.
• Minimum 15 years in the insurance industry with substantial senior underwriting leadership experience.

Responsibilities

• Develop and implement the company's global underwriting strategy and risk appetite.
• Oversee underwriting functions ensuring best practices and regulatory compliance.
• Lead and mentor under-writing teams to achieve performance and excellence.
• Drive innovation in underwriting frameworks, tools, and analytics for pricing accuracy.
• Collaborate with CEO, CFO and CRO on strategic planning and capital allocation.

Skills

Strategic leadership

Risk management

Financial modeling

Regulatory knowledge

Analytical skills

Team leadership

Education

Master's degree (MBA/Finance/Actuarial)

PhD or professional designation (FCAS/FCAA)

Job description

Placements24 seeks a visionary Chief Underwriting Officer (CUO) to lead underwriting from Durban, driving strategy, risk management and profitability across the portfolio.

The role demands deep knowledge of global markets, financial modeling and regulatory environments, with a track record of leading large, multi-disciplinary teams and delivering innovative underwriting solutions. International and domestic travel are expected.