Insurance Underwriting Manager

Placements24; Soweto; On-site; ZAR 900,000 - 1,400,000; Full time

Benefits offered by this job

Executive benefits package

Leadership development programs

Growth opportunities in Soweto

Professional work environment

Job summary

Placements24 in Soweto seeks an experienced Insurance Underwriting Manager to lead the underwriting function, drive risk assessment, and ensure portfolio profitability. You will mentor a team of underwriters, develop guidelines, and align strategies with business goals.

The role offers executive exposure, a competitive package, and opportunities to shape underwriting in a leading insurer. The ideal candidate will possess a strong track record in underwriting leadership, regulatory compliance,

Qualifications

• Extensive experience in insurance underwriting with progression into management.
• Strong leadership and coaching abilities.
• Deep knowledge of underwriting products and best practices.
• Excellent analytical and decision-making skills.
• Understanding of risk management in underwriting.

Responsibilities

• Lead, mentor, and manage the team of insurance underwriters, fostering a high-performance culture.
• Develop, implement, and enforce underwriting guidelines, policies, and procedures.
• Oversee the evaluation and approval of complex insurance applications and renewals.
• Monitor underwriting performance metrics, including loss ratios, pricing accuracy, and production levels.
• Ensure compliance with all regulatory requirements and company standards.
• Collaborate with sales, claims, and product development teams to align underwriting strategies with business objectives.

Skills

Leadership

Underwriting

Risk management

Analytical skills

Decision making

Education

Bachelor's degree in Business, Finance or related field

Job description

About the Role

Our client is seeking an experienced and strategic leader to fill the role of Insurance Underwriting Manager in their Soweto office. This leadership position is responsible for overseeing the underwriting department, ensuring efficient and accurate risk assessment for all insurance policies. You will guide a team of underwriters, develop underwriting policies and procedures, and ensure the portfolio's profitability and growth. The ideal candidate will possess strong leadership skills, a deep understanding of underwriting principles, and a proven track record of managing a successful underwriting function within the competitive insurance market.

Key Responsibilities

• Lead, mentor, and manage the team of insurance underwriters, fostering a high-performance culture.
• Develop, implement, and enforce underwriting guidelines, policies, and procedures.
• Oversee the evaluation and approval of complex insurance applications and renewals.
• Monitor underwriting performance metrics, including loss ratios, pricing accuracy, and production levels.
• Ensure compliance with all regulatory requirements and company standards.
• Collaborate with sales, claims, and product development teams to align underwriting strategies with business objectives.

Requirements

• Significant experience in insurance underwriting, with proven progression into management roles.
• Strong leadership, team management, and coaching abilities.
• In-depth knowledge of various insurance products and underwriting best practices.
• Excellent analytical, decision-making, and problem‑solving skills.
• Understanding of risk management principles and their application in underwriting.
• Bachelor's degree in Business, Finance, or a related field; relevant professional certifications are a plus.

Benefits

• Highly competitive salary and comprehensive executive benefits package.
• Opportunity to lead and shape the underwriting function of a significant insurance provider.
• Structured career development and leadership training programs.
• Professional work environment in Soweto with opportunities for growth.
• Company‑provided resources and support for team success.