Senior Commercial Underwriter for Large Corporate Risks

Placements24; Rustenburg; On-site; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Annual bonus

Medical aid

Provident fund

Professional development

Wellness programs

Job summary

Placements24 is partnering with a prominent global insurer to recruit a Commercial Underwriter for the Rustenburg, North West area. You will assess and underwrite large corporate risks, analyze financial statements, and tailor terms, conditions, and pricing across multiple industries.

The role requires at least 7 years in commercial underwriting, with ACII/CSRP desirable, and strong negotiation and communication skills. Occasional travel within the region is expected.

Qualifications

• Relevant degree in Finance, Commerce, Risk Management or related field.
• Minimum 7 years of experience in commercial underwriting, with focus on corporate or large enterprise risks.
• Strong analytical and risk assessment capabilities.

Responsibilities

• Underwrite new and renewal commercial insurance business for large corporate accounts.
• Analyze financial statements, business plans, and risk management strategies of clients.
• Assess industry-specific risks and develop coverage terms and pricing.
• Collaborate with brokers to understand client needs and explain underwriting decisions.
• Maintain relationships with key partners and clients in the North West region.
• Monitor underwriting portfolio profitability and risk appetite compliance.
• Contribute to underwriting guidelines and strategies.
• Identify market trends to inform underwriting decisions.
• Provide guidance to junior underwriters and support staff.

Skills

Analytical skills

Negotiation

Communication

Interpersonal skills

Education

Relevant degree in Finance/Commerce/Risk Management

Tools

MS Office Suite

Job description

Placements24 is partnering with a prominent global insurer to recruit a Commercial Underwriter for the Rustenburg, North West area. You will assess and underwrite large corporate risks, analyze financial statements, and tailor terms, conditions, and pricing across multiple industries.

The role requires at least 7 years in commercial underwriting, with ACII/CSRP desirable, and strong negotiation and communication skills. Occasional travel within the region is expected.