Dynamic Short-Term Insurance Underwriter

Placements24; South Africa; On-site; ZAR 450,000 - 650,000; Full time

Benefits offered by this job

Competitive salary

Health insurance

Pension fund contributions

Professional development

Structure and supportive environment

Job summary

Placements24 in South Africa seeks a proactive and experienced Short-Term Insurance Underwriter to join our client in Tembisa. You will assess applications, determine risk, set premiums and terms, and underwrite new business and renewals in line with guidelines.

The ideal candidate has at least 3 years in underwriting, strong analytical skills, and the ability to negotiate with brokers. You will stay aware of market trends and regulatory changes, contribute to portfolio profitability, and pursue

Qualifications

• Minimum of 3 years underwriting experience in short-term insurance.
• Strong understanding of risk assessment principles and insurance products.
• Excellent analytical, decision-making and problem-solving abilities.
• Effective communication and negotiation with brokers and stakeholders.
• Proficiency with underwriting software and financial analysis tools.

Responsibilities

• Assess insurance proposals, analyzing risks associated with applicants and proposed coverage.
• Determine appropriate premium rates and policy terms based on risk assessment and market conditions.
• Underwrite new business and renewals, ensuring compliance with guidelines and regulations.
• Collaborate with brokers and agents to gather information and provide underwriting expertise.
• Monitor the performance of the underwriting portfolio and identify areas for improvement.
• Stay updated on industry trends, products, and changes in legislation affecting short-term insurance.

Skills

Risk assessment

Analytical thinking

Decision making

Negotiation

Communication

Education

Tertiary qualification in finance/insurance

Tools

Underwriting software

Job description

Placements24 in South Africa seeks a proactive and experienced Short-Term Insurance Underwriter to join our client in Tembisa. You will assess applications, determine risk, set premiums and terms, and underwrite new business and renewals in line with guidelines.

The ideal candidate has at least 3 years in underwriting, strong analytical skills, and the ability to negotiate with brokers. You will stay aware of market trends and regulatory changes, contribute to portfolio profitability, and pursue