Lead Underwriter - Marine & Cargo

Placements24; Cape Town; Vor Ort; ZAR 900.000 - 1.800.000; Vollzeit

Benefits dieser Stelle

Competitive base salary

Private medical insurance

Pension scheme

Life assurance

International travel opportunities

Career development

Zusammenfassung

Placements24 is representing a prestigious international insurer seeking a Lead Underwriter for Marine & Cargo in Cape Town. The role focuses on leading a team of underwriters, developing underwriting strategies, and managing a portfolio of complex marine and cargo risks to drive profitable growth.

The successful candidate will contribute to shaping the organization’s presence in this specialized sector, collaborate closely with brokers, clients, and internal stakeholders, and ensure adherence

Qualifikationen

• Bachelor's degree in Finance, Economics, Business Administration or related field.
• Minimum 7 years of progressive Marine & Cargo underwriting experience.
• Proven track record in leading and managing teams.
• Strong understanding of marine hull, P&I, cargo and specie insurance markets.
• Excellent analytical, negotiation and communication skills.

Aufgaben

• Lead and mentor a team of marine and cargo underwriters.
• Develop and implement underwriting strategies for marine and cargo portfolios.
• Analyze complex risks and set terms, pricing and conditions.
• Underwrite large, complex accounts aligned with risk appetite and profitability.
• Build relationships with brokers, agents and key clients.
• Monitor market trends, regulatory changes and competitor activities.

Kenntnisse

Leadership

Team management

Financial modelling

Risk assessment

Negotiation

Communication

Ausbildung

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

Jobbeschreibung

About the Role

Our client, a prestigious international insurer, is seeking a highly experienced Lead Underwriter specializing in Marine & Cargo insurance to join their established Cape Town, Western Cape office. This pivotal role involves leading a team of underwriters, developing underwriting strategies, and managing a portfolio of complex marine and cargo risks. The successful candidate will play a key role in shaping the company's presence in this specialized insurance sector, ensuring profitable growth and adherence to risk appetite. This is a unique opportunity for a seasoned professional to make a significant impact within a globally recognized financial services group. The position requires your presence in our Cape Town office, fostering close collaboration and team synergy.

Key Responsibilities

• Lead, mentor, and manage a team of marine and cargo underwriters, fostering a high-performance culture.
• Develop and implement underwriting strategies and guidelines for the marine and cargo portfolio.
• Analyze and assess complex marine and cargo risks, setting appropriate terms, conditions, and pricing.
• Underwrite large and complex accounts, ensuring alignment with the company's risk appetite and profitability targets.
• Build and maintain strong relationships with brokers, agents, and key clients.
• Monitor market trends, competitor activities, and regulatory changes impacting the marine and cargo insurance sector.
• Collaborate with the claims department to ensure a seamless claims handling process and provide underwriting input.
• Contribute to product development and innovation within the marine and cargo lines of business.
• Prepare and present underwriting reports and portfolio performance reviews to senior management.
• Ensure compliance with all relevant insurance regulations and internal policies.

Requirements

• A bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 7 years of progressive experience in marine and cargo insurance underwriting.
• Proven track record of successful team leadership and management.
• Deep understanding of marine hull, P&I, cargo, and specie insurance markets.
• Strong analytical, financial modeling, and risk assessment capabilities.
• Excellent negotiation, communication, and interpersonal skills.
• Demonstrated ability to develop profitable underwriting strategies.
• Knowledge of international maritime trade and logistics is highly desirable.
• Professional qualifications such as ACII or equivalent are preferred.
• Commitment to working from our Cape Town office is essential for this role.

Benefits

• This role offers a highly competitive salary commensurate with experience, along with a performance-based bonus structure.
• Comprehensive benefits include private medical insurance, a generous pension scheme, and life assurance.
• Opportunities for international travel and professional development at leading industry forums are available.
• Our client fosters a culture of continuous learning and career progression within its global network.
• Located in vibrant Cape Town, the office provides a stimulating work environment.