Senior Insurance Underwriter

Placements24; Polokwane; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary w/ bonus

Fully remote

Health/dental/vision insurance

Professional development budget

Access to advanced underwriting tech

Job summary

Placements24 is seeking a seasoned Senior Insurance Underwriter to lead underwriting strategy for complex commercial risks in a remote-first setup. You will assess high-value accounts, develop pricing models, and mentor junior underwriters.

The role demands 8+ years in underwriting, strong analytical ability, and a track record in pricing and risk structuring. CPCU or ACII certifications are highly advantageous.

Qualifications

• 8+ years of experience as an Insurance Underwriter focusing on commercial lines.
• Expertise in risk assessment, pricing and structuring complex programs.
• Strong leadership and mentoring capabilities.
• Advanced analytical and decision-making skills, with problem-solving abilities.

Responsibilities

• Evaluate and underwrite large, complex commercial insurance accounts, determining risk acceptability and pricing.
• Develop and refine underwriting guidelines, strategies, and best practices for the team.
• Mentor and provide technical guidance to junior and intermediate underwriters, fostering skill development.
• Collaborate with senior management and actuarial teams on portfolio strategy and profitability.
• Analyze market trends, competitor activities, and emerging risks to inform underwriting decisions.
• Ensure adherence to regulatory requirements and internal risk management policies.

Skills

Underwriting

Pricing

Risk assessment

Leadership

Mentoring

Analytics

Regulatory knowledge

Education

CPCU

ACII

Job description

About the Role

Our client is seeking a seasoned and highly experienced Senior Insurance Underwriter to join their team, operating entirely remotely. This role is critical for guiding the underwriting strategy for complex commercial risks, leveraging extensive industry knowledge and analytical expertise. You will be responsible for assessing high-value accounts, developing sophisticated pricing models, and mentoring junior underwriters. This position is ideal for a leader in the underwriting field who thrives on challenging risks and seeks to make a significant impact within a forward-thinking, remote-first organization.

Key Responsibilities

• Evaluate and underwrite large, complex commercial insurance accounts, determining risk acceptability and pricing.
• Develop and refine underwriting guidelines, strategies, and best practices for the team.
• Mentor and provide technical guidance to junior and intermediate underwriters, fostering skill development.
• Collaborate with senior management and actuarial teams on portfolio strategy and profitability.
• Analyze market trends, competitor activities, and emerging risks to inform underwriting decisions.
• Ensure adherence to regulatory requirements and internal risk management policies.

Requirements

• Extensive experience (8+ years) as an Insurance Underwriter, with a strong focus on commercial lines.
• Demonstrated expertise in risk assessment, pricing, and structuring complex insurance programs.
• Strong leadership and mentoring capabilities.
• Advanced analytical and decision-making skills, with excellent problem-solving abilities.
• Relevant professional certifications (e.g., CPCU, ACII) are highly advantageous.

Benefits

• An exceptionally competitive salary package with significant bonus potential.
• Fully remote work setup, offering unparalleled flexibility and autonomy.
• Premium health, dental, and vision insurance coverage.
• Substantial budget for professional development, certifications, and continuing education.
• Access to cutting-edge underwriting technology and data analytics platforms.