Senior Engineering Facultative Underwriter

Believe Resourcing; South Africa; Hybrid; ZAR 900,000 - 1,500,000; Full time

Job summary

A leading company in the reinsurance sector is seeking a Senior Engineering Facultative Underwriter to enhance their Engineering Facultative Team. This role involves underwriting for a diverse portfolio across Sub-Saharan Africa while promoting career growth and offering hybrid working conditions. Candidates must have substantial experience in engineering insurance and a proven track record in client relationship management.

Benefits

Attractive salary with performance-based bonuses

Hybrid Working Environment

Career Growth Opportunities

Comprehensive Life and Health Benefits

Global Exposure for Collaboration

Qualifications

• Minimum 10 years of experience in Engineering (re)insurance with strong technical underwriting expertise.
• Fluency in English; French language skills preferred.
• Proven ability to drive business growth and develop key client relationships.

Responsibilities

• Develop and grow a sustainable facultative engineering reinsurance portfolio across Sub-Saharan Africa.
• Assess risks and provide competitive underwriting solutions.
• Establish and maintain strategic relationships with brokers and clients.

Skills

Analytical skills

Risk assessment

Decision-making

Education

BSc in Engineering

Job description

Senior Engineering Facultative UnderwriterLocation: South AfricaSalary: Competitive (to be discussed)Employment Type: Full-Time, Hybrid

About the Role

Our client is seeking a highly skilled Senior Engineering Facultative Underwriter to join their Engineering Facultative Team. Reporting to the Head of Facultative Underwriting, you will play a critical role in underwriting and ensuring the profitability of the single-risk facultative reinsurance portfolio for Property, Engineering, and Casualty risks across South Africa and Sub-Saharan Africa.

Why Join Them?

• Attractive salary with performance-based bonuses.
• Hybrid Working Environment – Enjoy a balance between remote and in-office work.
• Career Growth – Work with industry leaders in the reinsurance sector.
• Comprehensive Benefits – Life and health benefits, retirement contributions, and employee assistance programs.
• Global Exposure – Opportunities for international collaboration and business development.

Key Responsibilities

• Develop and grow a sustainable facultative engineering reinsurance portfolio across Sub-Saharan Africa.
• Assess risks, evaluate reinsurance terms, and provide competitive underwriting solutions.
• Establish and maintain strategic relationships with brokers and clients, both locally and internationally.
• Provide technical mentorship and support to the engineering team and junior underwriters.
• Advise Treaty Underwriters on risk evaluations and underwriting decisions.
• Conduct workshops, training sessions, and seminars for internal teams and external clients.
• Perform surveys and assessments of large-scale engineering risks, preparing detailed reports.
• Monitor portfolio performance, conduct market analysis, and stay ahead of industry trends.

Requirements

• BSc in Engineering with at least 5 years of practical field experience.
• Minimum 10 years of experience in Engineering (re)insurance with strong technical underwriting expertise.
• Fluency in English (French language skills preferred).
• Ability and willingness to travel across Sub-Saharan Africa for business development.
• Proven ability to drive business growth and develop key client relationships.
• Strong analytical, risk assessment, and decision-making abilities.