Junior Insurance Underwriter

Placements24; Benoni; Hybrid; ZAR 180,000 - 260,000; Full time

Benefits offered by this job

Comprehensive medical and pension

Extensive training & mentorship

Career development & qualifications (e

Benoni office

Job summary

Placements24 is seeking a junior insurance underwriter in Benoni, Gauteng, to begin a career in underwriting under supervision. The role focuses on learning to assess and price risks while ensuring profitability and compliance, with extensive training support.

You will analyze application data, communicate with brokers, and help with new business and renewals. This entry‑level position offers mentorship, a clear career path, and opportunities to pursue industry qualifications.

Qualifications

• Bachelor's degree in business, finance, economics, or related field.
• Strong analytical and problem-solving skills with attention to detail.
• Excellent written and verbal communication skills.
• Proficiency in Excel.
• Willingness to learn and work in a team.

Responsibilities

• Assist senior underwriters in evaluating applications and risks.
• Analyze client information and loss histories to determine eligibility and pricing.
• Learn underwriting guidelines and procedures.
• Communicate with brokers and clients to gather information.
• Prepare underwriting documentation and maintain records of decisions.
• Support processing new business and renewals.

Skills

Analytical skills

Problem solving

Communication skills

Attention to detail

Teamwork

Education

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

Tools

Microsoft Excel

Microsoft Office

Job description

Our client, a well‑established insurance company based in Benoni, Gauteng, is seeking an enthusiastic and detail‑oriented Junior Insurance Underwriter to join their growing team. This entry‑level position offers a fantastic opportunity for individuals looking to build a career in the underwriting field. You will work under the guidance of senior underwriters, learning to assess and price risks for various insurance policies, ensuring profitability and compliance. The role involves analyzing application data, reviewing risk factors, and communicating with brokers and clients. If you possess strong analytical skills, a keen interest in the insurance industry, and a desire to learn, this role in Benoni is ideal for you. Our client is committed to providing comprehensive training and development support.

Key Responsibilities

• Assist senior underwriters in evaluating insurance applications and assessing risks.
• Analyze client information, financial data, and loss histories to determine policy eligibility and pricing.
• Learn and apply underwriting guidelines, rules, and procedures accurately.
• Communicate with insurance brokers and agents to gather necessary information and clarify application details.
• Prepare underwriting documentation and maintain accurate records of decisions.
• Support the underwriting team in processing new business and renewals.
• Identify potential risks and recommend appropriate risk management measures.
• Stay updated on industry regulations and product changes.
• Participate in training programs to develop underwriting expertise.
• Contribute to a positive and collaborative team environment.

Requirements

• A Bachelor's degree in Business Administration, Finance, Economics, or a related field.
• Strong analytical and problem‑solving skills with a high level of attention to detail.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Office Suite, particularly Excel.
• A keen interest in the insurance industry and a willingness to learn.
• Ability to work effectively both independently and as part of a team.
• Good organizational and time‑management abilities.
• Client‑focused attitude and professional demeanor.
• Must be eligible to work in South Africa.
• Previous administrative experience in a financial services environment is a plus.

Benefits

• Competitive entry‑level salary with opportunities for annual increases based on performance.
• Comprehensive medical and pension scheme.
• Extensive training program and mentorship from experienced underwriters.
• Opportunities for professional development and pursuing industry qualifications (e.g., INSETA).
• A clear career path for advancement within the underwriting department.
• Exposure to various lines of insurance business.
• Modern office facilities in Benoni.
• Employee wellness programs.
• Team‑building events and a positive workplace culture.