Commercial Underwriter — Hybrid, Growth & Impact

Placements24; Gauteng; On-site; ZAR 800,000 - 1,100,000; Full time

Benefits offered by this job

Competitive salary

Performance-based incentives

Career development

Access to underwriting tools

Sandton office

Job summary

Placements24 is seeking a Senior Insurance Underwriter (Commercial) for a role based in Sandton, Gauteng. The candidate will oversee underwriting for a portfolio of commercial risks and guide junior underwriters, while ensuring alignment with risk appetite and profitability targets.

The ideal candidate has at least 7 years in commercial insurance underwriting, a related bachelor’s degree, and strong analytical and negotiation skills.

Qualifications

• Bachelor's degree in business, finance, risk management or related discipline.
• Strong analytical, decision-making and problem-solving abilities.
• Excellent communication, negotiation, and interpersonal skills.

Responsibilities

• Underwrite and manage a portfolio of commercial insurance risks with focus on profitability.
• Conduct in-depth risk analysis for complex commercial accounts (property, casualty, liability).
• Build and maintain relationships with brokers and agents, providing underwriting support.
• Interpret and apply underwriting policies, procedures, and guidelines accurately.
• Mentor junior underwriters and share best practices in commercial underwriting.

Skills

Analytical skills

Decision-making

Problem-solving

Education

Bachelor's degree in Business, Finance, Risk Management, or a related discipline

Job description

Senior Insurance Underwriter (Commercial)

Our client is seeking an accomplished Senior Insurance Underwriter specializing in commercial lines to join their prestigious team in Sandton . This role requires extensive experience in assessing complex commercial risks, managing a portfolio of business clients, and making critical underwriting decisions. You will leverage your expertise to ensure profitable growth while adhering to risk appetite and guidelines. The ideal candidate will possess strong analytical acumen, excellent negotiation skills, and a deep understanding of the commercial insurance market, making significant contributions to the company's success in the sophisticated Gauteng business landscape.

Key Responsibilities

• Underwrite and manage a portfolio of commercial insurance risks, focusing on profitability and portfolio balance.
• Conduct in-depth risk analysis for complex commercial accounts, including property, casualty, and liability lines.
• Develop and maintain strong relationships with brokers and agents, providing expert underwriting support.
• Interpret and apply underwriting policies, procedures, and guidelines accurately.
• Mentor and guide junior underwriters, sharing expertise and best practices in commercial underwriting.

Requirements

• Minimum of 7 years of experience in commercial insurance underwriting .
• Bachelor's degree in Business, Finance, Risk Management, or a related discipline.
• Demonstrated expertise in underwriting various commercial insurance classes.
• Strong analytical, decision-making, and problem-solving skills.
• Excellent communication, negotiation, and interpersonal skills, with a professional demeanor.

Benefits

• Highly competitive salary and a comprehensive benefits package, including performance-based incentives.
• Opportunities for advanced professional development and career progression within a leading organization.
• Access to cutting-edge underwriting tools and resources.
• A sophisticated and professional working environment located in the heart of Sandton .
• Contribution to shaping the strategic direction of the company's commercial insurance portfolio.