Commercial Lines Underwriter

Placements24; Pretoria; Hybrid; ZAR 420,000 - 660,000; Full time

Benefits offered by this job

Competitive salary

Bonuses & profit-sharing

Comprehensive benefits

Remote work flexibility

Job summary

Placements24 is seeking an experienced Commercial Lines Underwriter to join our Pretoria-based operations in a fully remote role. You will assess and manage risk for a diverse portfolio, determine pricing, and ensure profitable coverage.

The role requires independence, strong analytical skills, and excellent broker/client relationship building. The position offers remote work flexibility, opportunities for growth, and a comprehensive benefits package.

Qualifications

• 4+ years of commercial lines underwriting experience.
• Proficiency in underwriting General Liability, Commercial Property, Workers' Compensation.
• Strong analytical and financial assessment skills.
• Excellent communication and negotiation abilities.

Responsibilities

• Evaluate complex commercial insurance risks, including property, liability, and specialty lines.
• Determine premiums, terms and conditions based on risk analysis.
• Develop and maintain relationships with brokers and agents.
• Monitor portfolio performance, identify trends and issues.
• Ensure compliance with underwriting policies and regulatory requirements.
• Provide guidance to internal teams on underwriting standards.

Skills

Underwriting experience

Risk analysis

Communication & negotiation

Market knowledge

Education

Bachelor's degree

Job description

About the Role

Our client is seeking a meticulous and experienced Commercial Lines Underwriter to join their expanding operations in Pretoria . This role is essential for assessing and managing the risks associated with commercial insurance policies, ensuring that the company offers competitive yet profitable coverage. You will be working independently and remotely, making critical decisions on risk appetite and pricing for a diverse portfolio of businesses. The position demands a strong analytical capability, deep market knowledge, and the ability to build and maintain positive relationships with brokers and clients. This is an excellent opportunity to contribute significantly to the company's financial stability and growth within the Pretoria region while enjoying the benefits of a remote work environment.

Key Responsibilities

• Evaluate complex commercial insurance risks, including property, liability, and specialty lines.
• Determine appropriate premiums, policy terms, and conditions based on thorough risk analysis.
• Develop and maintain strong working relationships with insurance brokers and agents.
• Monitor the performance of assigned portfolios, identifying trends and potential issues.
• Ensure compliance with underwriting policies, procedures, and regulatory requirements.
• Provide guidance and support to internal teams regarding commercial insurance products and underwriting standards.

Requirements

• A minimum of 4 years of experience specifically in commercial lines insurance underwriting.
• Proficiency in underwriting various commercial insurance products (e.g., General Liability, Commercial Property, Workers' Compensation).
• Strong analytical and financial assessment skills.
• Excellent communication and negotiation abilities.
• Familiarity with commercial insurance market dynamics and regulatory landscape.
• Bachelor's degree in Business, Finance, or a related field preferred.

Benefits

• A competitive annual salary reflecting your expertise and experience.
• Performance-based bonuses and profit-sharing schemes.
• Comprehensive health, retirement, and life insurance benefits.
• Opportunities for professional growth, certifications, and further training.
• A fully remote work arrangement providing excellent flexibility and work-life balance, supported by robust digital collaboration tools.