Commercial Lines Underwriter

Placements24; Vereeniging; On-site; ZAR 480,000 - 840,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Professional development

Vereeniging office

Job summary

Placements24 is seeking a skilled Commercial Lines Underwriter to join our client in Vereeniging. The role requires assessing and pricing a diverse range of commercial risks, building strong relationships with brokers, and contributing to profitable growth of the portfolio.

You will evaluate complex insurance needs, apply underwriting guidelines, and work with claims and risk control to deliver tailored solutions.

Qualifications

• Minimum of 5 years' experience in commercial lines underwriting.
• Familiar with Property, Liability, and Business Interruption products.
• Strong analytical and decision-making abilities.
• Excellent communication and negotiation skills.
• Relevant professional insurance qualifications are highly desirable.

Responsibilities

• Analyze and underwrite commercial insurance applications, assessing risks and pricing.
• Develop and maintain strong relationships with brokers and agents to foster new business opportunities.
• Review market conditions and competitor offerings to ensure competitive and profitable underwriting.
• Collaborate with claims and risk control departments to provide comprehensive solutions for clients.
• Adhere to underwriting guidelines, authority levels, and regulatory compliance requirements.
• Contribute to the ongoing development and refinement of commercial underwriting strategies.

Skills

Underwriting

Risk assessment

Broker engagement

Analytical thinking

Negotiation

Communication skills

Education

Professional insurance qualifications

Job description

About the Role

Our client is seeking a skilled and commercially astute Commercial Lines Underwriter to join their growing team in Vereeniging . This position requires expertise in assessing and pricing a diverse range of commercial risks, building strong relationships with brokers, and contributing to the profitable growth of the commercial portfolio. You will play a key role in evaluating complex business insurance needs and providing tailored solutions. This opportunity is perfect for an experienced underwriter who possesses strong analytical abilities and a proactive approach to client engagement within a competitive market.

Key Responsibilities

• Analyze and underwrite commercial insurance applications, assessing risks and determining appropriate terms, conditions, and pricing.
• Develop and maintain strong relationships with insurance brokers and agents to foster new business opportunities.
• Review market conditions and competitor offerings to ensure competitive and profitable underwriting.
• Collaborate with claims and risk control departments to provide comprehensive solutions for clients.
• Adhere to underwriting guidelines, authority levels, and regulatory compliance requirements.
• Contribute to the ongoing development and refinement of commercial underwriting strategies.

Requirements

• A minimum of 5 years of experience in commercial lines insurance underwriting.
• Demonstrated understanding of various commercial insurance products (e.g., Property, Liability, Business Interruption).
• Strong analytical and decision-making skills, with the ability to underwrite complex risks.
• Excellent communication, negotiation, and interpersonal skills.
• Relevant professional insurance qualifications are highly desirable.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive medical aid and retirement fund benefits.
• Opportunities for professional development and advancement within the company.
• A dynamic and collaborative office environment in Vereeniging .
• Access to cutting-edge underwriting tools and resources.