Senior Insurance Underwriter

Placements24; Mbombela (Nelspruit); On-site; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Pension fund

Life insurance

Professional development

Job summary

Placements24 is seeking a Senior Insurance Underwriter to join their team in Nelspruit (Mpumalanga). You will assess risks, underwrite complex applications, and determine terms and premiums to support profitable growth.

The role requires at least 6 years' experience, strong analytical and pricing skills, and the ability to develop guidelines, mentor junior underwriters, and collaborate with claims and actuarial teams.

Qualifications

• Minimum 6 years of experience as an Insurance Underwriter.
• Strong analytical, pricing, and policy construction expertise.
• Ability to mentor junior underwriters.
• Experience with commercial or personal lines.

Responsibilities

• Evaluate and underwrite complex insurance applications, assessing risks and determining terms and premiums.
• Develop and refine underwriting guidelines and procedures.
• Provide expert advice to brokers, agents, and internal stakeholders.
• Monitor portfolio performance and identify profitability trends.
• Mentor and train junior underwriters.
• Collaborate with claims and actuarial departments on risk management.

Skills

Analytical skills

Decision making

Problem solving

Negotiation

Communication

Mentoring

Education

ACII

CHea

Job description

About the Role

Our client is seeking a highly experienced Senior Insurance Underwriter to join their team in Nelspruit. This role involves the assessment and selection of risks for new and existing business, ensuring profitable underwriting decisions within the company's guidelines. You will play a key role in developing underwriting strategies, mentoring junior underwriters, and contributing to the overall success of the underwriting department. This is an excellent opportunity for a seasoned professional with a strong analytical mindset and a deep understanding of the insurance market to make a significant impact. You will work within a dedicated team environment, contributing to the stability and growth of the organization in the Mpumalanga region.

Key Responsibilities

• Evaluate and underwrite complex insurance applications, assessing risks and determining appropriate terms and premiums.
• Develop and refine underwriting guidelines and procedures to align with market conditions and company objectives.
• Provide expert advice and guidance to brokers, agents, and internal stakeholders on underwriting matters.
• Monitor portfolio performance and identify trends that may impact profitability or risk exposure.
• Mentor and train junior underwriters, fostering their technical skills and professional growth.
• Collaborate with the claims and actuarial departments to ensure comprehensive risk management.

Requirements

• A minimum of 6 years of experience as an Insurance Underwriter, with a strong focus on commercial or personal lines.
• Demonstrated expertise in risk assessment, pricing, and policy construction.
• Excellent analytical, decision-making, and problem-solving skills.
• Strong negotiation and communication abilities, with the capacity to build rapport with clients and partners.
• Relevant professional qualifications in insurance (e.g., ACII, CHea) are highly regarded.
• Ability to work effectively in a structured office environment and collaborate within a team.

Benefits

• Competitive salary commensurate with experience.
• Comprehensive medical aid, pension fund, and life insurance benefits.
• Opportunities for continuous professional development and advanced training.
• A stable and supportive work environment in Nelspruit.
• Contribution to a reputable insurance firm known for its integrity and client focus.