Insurance Underwriting Manager - Soweto

Placements24; Soweto; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Leadership training

Flexible hybrid work

Generous annual leave

Job summary

Placements24 seeks an Insurance Underwriting Manager to lead a team in Soweto, Gauteng. This hybrid role oversees underwriting strategy, risk assessment, and performance against KPIs, with a focus on profitable growth and regulatory adherence.

You will guide a team of underwriters, develop guidelines, and collaborate with sales, actuarial, and claims to align strategies for sustained success in the Gauteng market.

Qualifications

• Bachelor's degree in Finance, Insurance, Business or related field.
• Significant insurance underwriting experience with management/supervisory background.
• Strong leadership, decision-making, and analytical skills.

Responsibilities

• Lead, mentor, and develop a team of insurance underwriters.
• Develop and implement underwriting policies, procedures and guidelines.
• Assess complex risks for profitable growth and ensure regulatory compliance.

Job description

About the Role

Our client is seeking a dynamic and experienced Insurance Underwriting Manager to lead their team in Soweto, Gauteng. This hybrid role involves overseeing the underwriting function, ensuring efficient risk assessment, and setting underwriting strategies to achieve business objectives. You will be responsible for managing a team of underwriters, developing underwriting guidelines, and maintaining profitable growth. This is a leadership opportunity for an individual with a strong track record in underwriting and team management within the insurance sector. Contribute to the success of our client by ensuring sound risk selection and effective operational management in Gauteng. You will guide your team towards achieving both operational excellence and strategic goals.

Key Responsibilities

• Lead, mentor, and develop a team of insurance underwriters.
• Develop and implement effective underwriting policies, procedures, and guidelines.
• Oversee the assessment and evaluation of complex risks to ensure profitable business acquisition.
• Monitor underwriting performance against key performance indicators (KPIs) and targets.
• Ensure compliance with all regulatory requirements and company standards.
• Collaborate with sales, claims, and actuarial departments to align underwriting strategies.
• Manage the underwriting portfolio to achieve desired profitability and growth objectives.
• Identify emerging risks and market trends, adapting underwriting strategies accordingly.
• Approve or decline high-level risks, providing clear rationale.
• Contribute to the development of new insurance products and services.

Requirements

• A Bachelor's degree in Finance, Insurance, Business, or a related field.
• Significant experience in insurance underwriting, with a proven track record in a management or supervisory role.
• In-depth knowledge of underwriting principles, risk assessment, and insurance products.
• Strong leadership, team management, and decision‑making skills.
• Excellent analytical and problem‑solving abilities.
• Proficiency in underwriting software and MS Office Suite.
• Strong communication and interpersonal skills.
• Experience working in a hybrid setup.
• Familiarity with the Gauteng insurance market is beneficial.

Benefits

• Competitive salary and leadership bonus opportunities.
• Comprehensive medical aid, retirement fund, and life insurance.
• Opportunities for further leadership training and professional development.
• Flexible hybrid work model.
• Generous annual leave.
• A challenging and rewarding leadership role in Soweto.
• Influence over strategic underwriting direction.