Junior Underwriter

Job Placements; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading recruitment agency is seeking an experienced Underwriter to evaluate and analyze reinsurance treaty submissions in Johannesburg, South Africa. The ideal candidate will have at least 5 years of experience in the insurance or reinsurance industry, strong analytical and negotiation skills, and a degree in Risk Management, Finance, or Economics. This position offers a challenging environment where collaboration with various stakeholders is key.

Qualifications

• Must have a degree in Risk Management, Finance, or a related field.
• Minimum of 5 years of experience in underwriting within the insurance or reinsurance industry.
• Solid understanding of treaty structures and risk principles.

Responsibilities

• Evaluate and price reinsurance treaty submissions for profitability.
• Interpret data and risk models to support decision-making.
• Negotiate and structure treaty terms with stakeholders.
• Manage and monitor portfolio performance, recommending actions.
• Collaborate with actuarial, finance, and claims teams.

Skills

Strong analytical abilities

Negotiation skills

Proficiency in MS Excel

Relevant underwriting systems

Education

Degree in Risk Management or related field

Job description

Key Responsibilities

• Evaluate, analyse, and price reinsurance and insurance treaty submissions to ensure profitability and risk alignment
• Interpret data, risk models, and underwriting results to support sound decision‑making
• Negotiate and structure treaty terms in collaboration with clients, brokers, and internal stakeholders
• Manage and monitor portfolio performance, identifying trends and recommending corrective actions where needed
• Collaborate closely with actuarial, finance, and claims teams to ensure treaty accuracy and compliance

Job Experience and Skills Required

Education

Degree in Risk Management, Finance, Economics, or a related field (essential)

Experience

35 years experience in underwriting within the insurance or reinsurance industry

Skills

Strong analytical and negotiation abilities, proficiency in MS Excel and relevant underwriting systems

Non‑negotiables

Solid understanding of treaty structures, risk principles, and underwriting processes; ability to manage multiple stakeholders and deadlines in a high‑performing environment

Apply now!