Insurance Underwriting Manager

Placements24; Upington; On-site; ZAR 1,100,000 - 1,700,000; Full time

Benefits offered by this job

Competitive salary

Bonus structure

Medical aid

Retirement fund

Professional development

Relocation support

Job summary

Placements24 in Upington is seeking an experienced Insurance Underwriting Manager to lead the underwriting team, set strategy, and ensure profitability across a portfolio of products. You will develop guidelines, mentor staff, and collaborate with actuarial, claims, and sales to align underwriting with business goals, while staying informed on market conditions.

The role requires at least 7 years in underwriting, with 3 in management, a related degree, and strong leadership and analytical

Qualifications

• At least 7 years in insurance underwriting with 3+ years in a supervisory role.
• Strong skills in risk assessment, pricing, and underwriting strategies.
• Tertiary qualification in insurance, finance, or related field.

Responsibilities

• Lead, mentor, and develop the underwriting team.
• Develop and enforce underwriting policies and procedures.
• Analyze performance metrics and implement corrective actions.
• Review and approve high-risk accounts.
• Collaborate with actuarial, claims, and sales.
• Monitor market conditions and regulatory changes.

Skills

Leadership

Risk assessment

Pricing strategy

Team management

Data analysis

Communication

Education

Insurance/Finance degree

Job description

About the Role

Our client is seeking an experienced and strategic Insurance Underwriting Manager to lead their underwriting team in Upington . This leadership role involves overseeing the risk assessment and acceptance functions for a portfolio of insurance products, ensuring profitability and adherence to company guidelines. You will be responsible for setting underwriting strategy, developing guidelines, managing the underwriting team, and collaborating with other departments to achieve business objectives. The ideal candidate will possess strong analytical skills, leadership capabilities, and a comprehensive understanding of the insurance market and risk management principles.

Key Responsibilities

• Lead, mentor, and develop the underwriting team to ensure high performance and professional growth.
• Develop, implement, and enforce underwriting policies, guidelines, and procedures.
• Analyze underwriting performance metrics, identify trends, and implement corrective actions.
• Review and approve complex or high-risk accounts that fall outside standard authority limits.
• Collaborate with actuarial, claims, and sales departments to align underwriting strategy with business goals.
• Stay informed about market conditions, competitor activities, and regulatory changes affecting underwriting.

Requirements

• A minimum of 7 years of progressive experience in insurance underwriting , with at least 3 years in a supervisory or management role.
• Proven expertise in risk assessment, pricing, and underwriting strategies for various insurance lines.
• Strong leadership, team management, and decision-making skills.
• Excellent analytical, problem-solving, and financial acumen.
• Demonstrated ability to interpret complex data and make informed judgments.
• A relevant tertiary qualification in insurance, finance, or a related field is highly desirable.

Benefits

• Competitive executive salary and comprehensive bonus structure.
• Full benefits package including medical aid and retirement fund.
• Opportunities for professional development and leadership training.
• A challenging and rewarding role within a well-established insurance company.
• Relocation assistance may be available for the successful candidate.