Insurance Underwriter - Personal Lines Specialist

Placements24; Kempton Park; Vor Ort; ZAR 420.000 - 660.000; Vollzeit

Benefits dieser Stelle

Competitive salary

Medical and retirement benefits

Training programs

Zusammenfassung

Placements24 is partnering with a reputable South African insurer in Tembisa, Gauteng to appoint an Insurance Underwriter specializing in Personal Lines. You will evaluate applications, assess risk, and set terms and premiums to balance profitability with client service.

We seek 3–5 years of Personal Lines underwriting experience, a relevant Insurance or Risk Management qualification, strong analytical and communication skills, and proficiency with underwriting software.

Qualifikationen

• 3–5 years of Personal Lines underwriting experience.
• Relevant qualification in Insurance or Risk Management.
• Strong analytical and numerical abilities.
• Excellent communication and stakeholder management.

Aufgaben

• Review and assess personal lines applications (household, vehicle, travel).
• Determine terms and premiums in line with guidelines.
• Approve or decline applications based on risk.
• Communicate decisions to brokers and policyholders.
• Maintain underwriting records and system entries.
• Stay updated on market trends and regulatory changes.

Kenntnisse

Underwriting (Personal Lines)

Risk assessment

Analytical thinking

Communication skills

Ausbildung

Qualification in Insurance/Risk Management

Tools

Underwriting software

MS Office

Jobbeschreibung

About the Role

Our client, a reputable insurance firm, is actively searching for a skilled and detail-oriented Insurance Underwriter specializing in Personal Lines to join their established team in Tembisa, Gauteng. This role is critical in evaluating insurance applications, assessing risks, and determining appropriate coverage and premiums for individuals. You will play a key part in ensuring the profitability and stability of the company's personal insurance portfolio. The ideal candidate possesses a sharp analytical mind, a deep understanding of risk assessment, and excellent judgment. This is a fantastic opportunity to advance your career within the South African insurance sector, working from our client's accessible Tembisa branch. We are looking for someone who is proactive, customer-focused, and committed to upholding underwriting best practices. You will be an integral part of a team dedicated to providing sound insurance solutions to a diverse client base across Gauteng and beyond.

Key Responsibilities

• Review and analyze insurance applications for personal lines policies (e.g., household, personal vehicle, travel).
• Assess and quantify risks associated with each application, considering factors like occupation, lifestyle, property details, and claims history.
• Determine the terms, conditions, and premium rates for approved policies, ensuring profitability and adherence to underwriting guidelines.
• Approve or decline insurance applications based on risk assessment and company policies.
• Communicate effectively with brokers, agents, and policyholders regarding application status and underwriting decisions.
• Maintain accurate underwriting records and system entries.
• Collaborate with the sales and claims departments to provide underwriting support and insights.
• Stay updated on industry trends, regulatory changes, and market conditions affecting personal lines insurance.
• Identify opportunities for cross-selling and up-selling relevant insurance products.
• Participate in team meetings and contribute to the continuous improvement of underwriting processes.

Requirements

• A relevant qualification in Insurance, Risk Management, or a related field.
• Proven experience (3-5 years) as an Insurance Underwriter, with a strong focus on Personal Lines.
• Comprehensive understanding of risk assessment principles and techniques for personal insurance products.
• Knowledge of South African insurance regulations and market practices.
• Excellent analytical, numerical, and decision-making abilities.
• Strong communication and interpersonal skills, with the ability to explain complex information clearly.
• Proficiency in underwriting software and Microsoft Office Suite.
• Attention to detail and a high degree of accuracy.
• Ability to manage a high volume of applications efficiently.
• A proactive approach to learning and professional development.

Benefits

• Competitive salary package.
• Potential for performance-based incentives.
• Comprehensive medical and retirement benefits.
• Structured training programs and career development opportunities.
• A stable and supportive working environment in Tembisa, Gauteng.
• Exposure to a wide range of personal insurance products.
• Regular performance reviews and feedback.