Lead Insurance Underwriter

Placements24; George; Vor Ort; ZAR 900.000 - 1.500.000; Vollzeit

Benefits dieser Stelle

Salary commensurate with experience

Bonuses and incentives

Health insurance

Retirement savings plan

Annual leave allowance

Certifications and continuous learning

Relocation assistance

Zusammenfassung

Placements24 is seeking a Lead Insurance Underwriter in George, Western Cape to spearhead underwriting strategy and team leadership. This senior role focuses on risk assessment, pricing, and policy development to drive profitable growth for insurance products in the region.

You will mentor underwriters, set guidelines, monitor market trends, and collaborate with sales, claims and actuarial teams. A track record of profitable underwriting, deep product knowledge, and strong leadership are

Qualifikationen

• 8+ years in insurance underwriting, with 3+ years in leadership or supervisory roles.
• Proven track record of profitable underwriting.
• Deep knowledge of insurance products, risk management principles, and underwriting techniques.
• Strong analytical, financial acumen, and decision-making skills.
• Excellent leadership, team management, and communication abilities.
• Proficiency in underwriting software and statistical analysis tools.
• Degree in Business Administration, Finance, Insurance or related field.
• Understanding of SA regulatory environment governing insurance.

Aufgaben

• Lead and mentor underwriting team.
• Develop and implement underwriting strategies aligned with business objectives.
• Analyze risks and assess eligibility across product lines.
• Determine premium rates and policy terms for profitability.
• Review and approve/reject insurance applications per guidelines.
• Monitor market trends and regulatory changes affecting underwriting.
• Collaborate with sales, claims, and actuarial teams to optimize performance.
• Audit underwriting files for compliance and accuracy.
• Contribute to underwriting policy development and training.

Kenntnisse

Leadership

Team management

Analytical thinking

Financial acumen

Decision making

Communication

Ausbildung

Business Administration

Finance

Insurance

Tools

Underwriting software

Statistical analysis tools

Jobbeschreibung

About the Role

Our client is seeking an accomplished and strategic Lead Insurance Underwriter to spearhead their operations in George, Western Cape . This senior position involves leading a team of underwriters, developing underwriting strategies, and ensuring profitable growth for the company's insurance products. The successful candidate will play a pivotal role in risk assessment, pricing, and policy development within the vibrant Western Cape market. We are looking for an individual with extensive expertise in the insurance industry, a keen eye for detail, and strong leadership capabilities. This is a unique opportunity to influence underwriting policies and contribute significantly to the long-term success of a reputable insurance firm, based in the scenic surroundings of George .

Key Responsibilities

• Lead, mentor, and manage a team of insurance underwriters, fostering a high-performance culture.


• Develop and implement effective underwriting strategies aligned with business objectives.


• Analyze complex risks and assess eligibility for insurance coverage across various product lines.


• Determine appropriate premium rates and policy terms, ensuring profitability and competitiveness.


• Review and approve or reject insurance applications based on established underwriting guidelines.


• Monitor market trends, competitor activities, and regulatory changes impacting the underwriting function.


• Collaborate with sales, claims, and actuarial departments to optimize underwriting performance.


• Conduct regular audits of underwriting files to ensure compliance and accuracy.


• Contribute to the development and enhancement of underwriting policies and procedures.


• Provide expert technical guidance and training to the underwriting team and other stakeholders.

Requirements

• A minimum of 8 years of experience in insurance underwriting, with at least 3 years in a leadership or supervisory role.


• Proven track record of success in underwriting profitable business.


• In-depth knowledge of various insurance products, risk management principles, and underwriting techniques.


• Strong analytical, financial acumen, and decision-making skills.


• Excellent leadership, team management, and communication abilities.


• Proficiency in underwriting software and statistical analysis tools.


• A relevant degree in Business Administration, Finance, Insurance, or a related field.


• Understanding of the regulatory environment governing the insurance industry in South Africa .


• Ability to build strong relationships with internal teams and external partners.


• Must be based in or willing to relocate to George, Western Cape .

Benefits

• Attractive salary commensurate with experience.


• Performance-based bonuses and incentives.


• Comprehensive health insurance plan.


• Retirement savings plan with employer contributions.


• Generous annual leave allowance.


• Opportunities for professional certifications and continuous learning.


• A challenging and rewarding career in a stable industry.


• Relocation assistance may be provided.