Senior Commercial Insurance Underwriter – Tembisa, Gauteng

Placements24; Kempton Park; On-site; ZAR 420,000 - 650,000; Full time

Benefits offered by this job

Medical aid

Retirement plan

Career development

Job summary

Placements24 in Gauteng seeks a Commercial Insurance Underwriter to join our Tembisa office. The role involves evaluating risks, pricing premiums, and applying underwriting guidelines to commercial insurance proposals.

The ideal candidate has at least 4 years in commercial underwriting, strong analytic, negotiation and communication skills, and familiarity with ACII/FLMI is a plus. This permanent, full-time position offers career development within a stable, growth-focused insurer in Gauteng.

Qualifications

• A minimum of 4 years of experience in commercial insurance underwriting.

Responsibilities

• Analyze and assess commercial insurance applications, including property, liability, and business interruption risks.
• Determine appropriate premium rates and policy terms based on risk evaluation and underwriting guidelines.
• Develop and maintain strong relationships with brokers and agents to foster business growth.
• Monitor the performance of assigned underwriting portfolio and take corrective actions as needed.
• Ensure compliance with all relevant underwriting policies, procedures, and regulatory requirements.
• Identify potential risks and recommend appropriate risk mitigation strategies for clients.
• Collaborate with the claims department to understand loss trends and improve underwriting practices.
• Stay updated on market trends, competitor activities, and emerging risks within the commercial sector.
• Prepare reports on underwriting performance and market analysis.
• Provide technical guidance and support to junior underwriters and support staff.

Job description

Placements24 in Gauteng seeks a Commercial Insurance Underwriter to join our Tembisa office. The role involves evaluating risks, pricing premiums, and applying underwriting guidelines to commercial insurance proposals.

The ideal candidate has at least 4 years in commercial underwriting, strong analytic, negotiation and communication skills, and familiarity with ACII/FLMI is a plus. This permanent, full-time position offers career development within a stable, growth-focused insurer in Gauteng.