Senior Agricultural Insurance Underwriter

Placements24; Noord-Kaap; On-site; ZAR 650,000 - 850,000; Full time

Benefits offered by this job

Medical aid

Retirement benefits

Paid leave

Professional development

On-site work in Kimberley

Job summary

Placements24 invites applications for a Senior Agricultural Insurance Underwriter in Kimberley, Northern Cape. The role focuses on assessing agricultural risks, underwriting crop, livestock and farm property policies, and managing a profitable portfolio to support the local farming community.

Ideal candidates hold a related bachelor’s degree and at least four years in agricultural insurance underwriting, with strong analytical and communication skills.

Qualifications

• Bachelor's degree in Agriculture, Agribusiness, Finance, or a related field is required.

Responsibilities

• Underwrite new and renewal agricultural policies including crop, livestock, property and liability coverages.
• Assess risks by reviewing farm operations, financial data, environment and market conditions.
• Build and maintain relationships with brokers, agents, and farming clients.
• Determine policy terms, conditions and premiums based on risk assessments.
• Ensure compliance with underwriting guidelines, policies and regulatory requirements.
• Monitor portfolio performance and identify growth or risk mitigation opportunities.
• Collaborate with claims and risk management teams to provide comprehensive support.
• Stay informed about agricultural trends and climate risks affecting the market.

Skills

Analytical skills

Decision making

Interpersonal skills

Industry knowledge

Education

Bachelor's degree (Agriculture/Agribusiness/Finance)

Tools

Underwriting software

MS Office

Job description

About the Role

Our client, a specialized insurer supporting the agricultural sector, is seeking a Senior Agricultural Insurance Underwriter to join their dedicated team in Kimberley, Northern Cape. This role is crucial for assessing and managing the unique risks associated with farming operations, including crop insurance, livestock, and farm assets. The ideal candidate will possess a strong understanding of agricultural practices, seasonal variations, market fluctuations, and relevant insurable risks. This is a full-time, on-site position in Kimberley, offering the opportunity to work closely with the agricultural community and contribute to its stability. You will evaluate insurance applications, determine appropriate coverage, and manage a portfolio of agricultural risks, ensuring profitability and service excellence within the Northern Cape region.

Key Responsibilities

• Underwrite new and renewal agricultural insurance policies, including crop, livestock, property, and liability coverages.
• Assess agricultural risks by analyzing farm operations, financial data, environmental factors, and market conditions.
• Develop and maintain strong relationships with agricultural brokers, agents, and farming clients.
• Determine appropriate policy terms, conditions, and premiums based on risk assessment.
• Ensure compliance with underwriting guidelines, company policies, and regulatory requirements.
• Monitor portfolio performance and identify areas for growth or risk mitigation.
• Collaborate with claims adjusters and risk management specialists to provide comprehensive support.
• Stay informed about agricultural trends, climate risks, and developments impacting the insurance market.

Requirements

• A Bachelor's degree in Agriculture, Agribusiness, Finance, or a related field.
• Minimum of 4 years of experience in insurance underwriting, with a specific focus on agricultural insurance.
• Solid understanding of farming operations, crop production, livestock management, and related agricultural risks.
• Excellent analytical, decision-making, and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to engage effectively with the farming community.
• Proficiency in underwriting software and MS Office Suite.
• Knowledge of the Northern Cape agricultural landscape is highly advantageous.
• Relevant agricultural or insurance certifications are a plus.

Benefits

• Competitive salary package reflective of experience and expertise.
• Comprehensive medical aid and retirement benefits.
• Paid vacation, sick leave, and other statutory leave entitlements.
• Opportunities for professional development and continuous learning in agricultural insurance.
• Direct engagement with the vital agricultural sector.
• A supportive team environment in Kimberley.
• Potential for career advancement within a niche insurance provider.
• Company-provided resources for effective underwriting and client engagement.