Senior Commercial Underwriter — Rustenburg Lead & Optimize

Placements24

Rustenburg

On-site

ZAR 900,000 - 1,300,000

Full time

8 days ago

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Job summary

Placements24 in Rustenburg invites an experienced Senior Underwriter to join our commercial lines team in the office. You will assess, price, and manage complex commercial risks, driving profitable growth for the North West region.

The role demands strong analytical and negotiation skills, collaboration with brokers, and leadership of junior underwriters. Based in a busy office, you will stay abreast of market trends and regulatory developments while mentoring others.

Qualifications

  • Bachelor's degree in Commerce, Finance, Risk Management, or related field.
  • ACII or CIP qualifications are advantageous.
  • Minimum of 6 years of experience in commercial lines underwriting.
  • Proven track record underwriting a diverse range of commercial risks.
  • Strong financial analysis, risk assessment, and pricing knowledge.
  • Excellent negotiation, communication, and interpersonal skills.
  • Proficiency in underwriting systems and MS Office.
  • Ability to work independently and in a busy office.

Responsibilities

  • Underwrite new and renewal commercial policies per guidelines.
  • Analyze financial statements and loss history to assess risk.
  • Determine premiums, terms, and conditions for complex policies.
  • Build relationships with brokers to develop new business.
  • Collaborate with claims and risk control teams for solutions.
  • Monitor portfolio performance and identify trends.
  • Stay informed on market changes and regulatory developments.
  • Mentor junior underwriters and support team development.
  • Contribute to development of underwriting strategies and tools.
  • Ensure adherence to underwriting controls and documentation standards.

Skills

Analytical skills
Negotiation
Communication skills
Team collaboration
Underwriting systems
MS Office
Independent worker

Education

Bachelor's degree in Commerce, Finance, Risk Management or related field
ACII/CIP qualification (advantageous)

Tools

Underwriting systems
MS Office Suite

Job description

Placements24 in Rustenburg invites an experienced Senior Underwriter to join our commercial lines team in the office. You will assess, price, and manage complex commercial risks, driving profitable growth for the North West region.

The role demands strong analytical and negotiation skills, collaboration with brokers, and leadership of junior underwriters. Based in a busy office, you will stay abreast of market trends and regulatory developments while mentoring others.

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