Lead Underwriter

Placements24; George; Vor Ort; ZAR 900.000 - 1.300.000; Vollzeit

Benefits dieser Stelle

Medical aid

Retirement plan

Annual leave

Bonuses

Zusammenfassung

Placements24 is seeking a Lead Underwriter in George, Western Cape to drive underwriting operations, guide a high-performing team, and shape risk-based pricing and product development. The role requires strategic leadership and deep risk expertise.

The successful candidate will lead cross-functional collaboration with actuarial, claims, and sales teams to deliver profitable growth and maintain high underwriting standards. A strong track record in leadership and risk analysis is essential.

Qualifikationen

• 7+ years in insurance underwriting with at least 3 years in a leadership role.
• Expertise in underwriting principles, risk analysis, and financial modeling.
• Knowledge of commercial, personal lines, and specialty insurance products.
• Strong leadership with ability to motivate a team.
• Excellent analytical, problem-solving, and decision-making skills.
• Understanding of insurance market dynamics and regulatory frameworks.
• Bachelor's degree in Finance, Business Admin, Risk Management, or related field.
• ACII or FLMI designations are advantageous.

Aufgaben

• Lead and manage the underwriting team with mentorship, training, and evaluations.
• Develop and implement innovative underwriting strategies for profitable growth.
• Analyze complex risks across insurance lines for accurate pricing.
• Review and approve high-value or complex risks beyond standard authority.
• Collaborate with actuarial, claims, and sales to align underwriting with business objectives.
• Monitor market trends, competitor activities, and regulatory changes.
• Ensure compliance with insurance regulations and company policies.
• Foster relationships with brokers and agents with expert underwriting advice.
• Contribute to development and launch of new insurance products.

Kenntnisse

Risk assessment

Leadership

Pricing

Financial modeling

Product development

Strategic thinking

Ausbildung

Bachelor's degree

ACII/FLMI

Tools

Underwriting tools

Jobbeschreibung

About the Role

Our client, a leading insurance underwriter with a strong presence in George, Western Cape , is actively seeking a highly skilled and experienced Lead Underwriter to spearhead their underwriting operations. This critical position requires a strategic thinker with extensive knowledge of risk assessment, pricing, and product development within the insurance industry. The Lead Underwriter will be responsible for guiding the underwriting team, developing underwriting strategies, and ensuring profitable growth. We are looking for a candidate who can demonstrate strong leadership capabilities, a deep understanding of market dynamics, and a commitment to maintaining high underwriting standards. This role is essential for driving the company's success and expanding its market share in the vibrant George area. If you are an analytical powerhouse with a passion for risk management and possess the drive to lead a high-performing team, this is the perfect opportunity for you.

Key Responsibilities

• Lead and manage the underwriting team, providing mentorship, training, and performance evaluations.
• Develop and implement innovative underwriting strategies and guidelines to achieve profitable growth targets.
• Analyze complex risks across various insurance lines, ensuring accurate assessment and pricing.
• Review and approve high-value or complex risks that fall outside standard underwriting authority.
• Collaborate with actuarial, claims, and sales departments to align underwriting practices with business objectives.
• Monitor market trends, competitor activities, and regulatory changes to adapt underwriting policies accordingly.
• Ensure compliance with all relevant insurance regulations and company policies.
• Foster strong relationships with brokers and agents, providing expert underwriting advice and support.
• Contribute to the development and launch of new insurance products.

Requirements

• A minimum of 7 years of progressive experience in insurance underwriting, with at least 3 years in a leadership or supervisory role.
• Proven expertise in underwriting principles, risk analysis, and financial modeling.
• In-depth knowledge of various insurance products (e.g., commercial, personal lines, specialty).
• Demonstrated leadership skills, with the ability to motivate and guide a team effectively.
• Excellent analytical, problem-solving, and decision-making abilities.
• Strong understanding of insurance market dynamics and regulatory frameworks.
• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field.
• Professional designations (e.g., ACII, FLMI) are a significant advantage.
• Exceptional communication and negotiation skills, with the ability to influence stakeholders.

Benefits

• An attractive base salary commensurate with experience and leadership capabilities.
• Performance-based bonuses and incentives.
• Comprehensive medical aid and retirement savings plan.
• Generous annual leave and paid public holidays.
• Significant opportunities for professional growth, certifications, and career advancement.
• A dynamic and collaborative work environment in George .
• Access to advanced underwriting tools and technologies.
• Potential for involvement in strategic decision-making for the company.