Head of Marine & Cargo Underwriting - Cape Town

Placements24; Cape Town; On-site; ZAR 900,000 - 1,800,000; Full time

Benefits offered by this job

Competitive base salary

Private medical insurance

Pension scheme

Life assurance

International travel opportunities

Career development

Job summary

Placements24 is representing a prestigious international insurer seeking a Lead Underwriter for Marine & Cargo in Cape Town. The role focuses on leading a team of underwriters, developing underwriting strategies, and managing a portfolio of complex marine and cargo risks to drive profitable growth.

The successful candidate will contribute to shaping the organization’s presence in this specialized sector, collaborate closely with brokers, clients, and internal stakeholders, and ensure adherence

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration or related field.
• Minimum 7 years of progressive Marine & Cargo underwriting experience.
• Proven track record in leading and managing teams.
• Strong understanding of marine hull, P&I, cargo and specie insurance markets.
• Excellent analytical, negotiation and communication skills.

Responsibilities

• Lead and mentor a team of marine and cargo underwriters.
• Develop and implement underwriting strategies for marine and cargo portfolios.
• Analyze complex risks and set terms, pricing and conditions.
• Underwrite large, complex accounts aligned with risk appetite and profitability.
• Build relationships with brokers, agents and key clients.
• Monitor market trends, regulatory changes and competitor activities.

Skills

Leadership

Team management

Financial modelling

Risk assessment

Negotiation

Communication

Education

Bachelor's degree in Finance, Economics, or Business Administration

Job description

Placements24 is representing a prestigious international insurer seeking a Lead Underwriter for Marine & Cargo in Cape Town. The role focuses on leading a team of underwriters, developing underwriting strategies, and managing a portfolio of complex marine and cargo risks to drive profitable growth.

The successful candidate will contribute to shaping the organization’s presence in this specialized sector, collaborate closely with brokers, clients, and internal stakeholders, and ensure adherence