Senior Insurance Underwriter (Commercial)

Placements24; Sandton; On-site; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Health benefits

Annual bonus

Professional development

Prestigious Sandton work

Job summary

Placements24 in Sandton seeks a Senior Insurance Underwriter specializing in commercial lines to join our prestigious team. The role requires extensive experience assessing complex commercial risks, managing a portfolio of business clients, and making critical underwriting decisions to drive profitable growth within risk appetite.

The ideal candidate will possess strong analytical and negotiation skills, and will mentor junior underwriters while contributing to the Gauteng business landscape.

Qualifications

• Minimum 7 years of experience in commercial insurance underwriting.
• Demonstrated expertise in underwriting various commercial insurance classes.
• Strong analytical, decision-making, and problem-solving skills.

Responsibilities

• Underwrite and manage a portfolio of commercial insurance risks, focusing on profitability and portfolio balance.
• Conduct in-depth risk analysis for complex commercial accounts, including property, casualty, and liability lines.
• Develop and maintain strong relationships with brokers and agents, providing expert underwriting support.
• Interpret and apply underwriting policies, procedures, and guidelines accurately.
• Mentor and guide junior underwriters, sharing expertise and best practices in commercial underwriting.

Skills

Commercial underwriting

Risk analysis

Portfolio management

Negotiation skills

Communication

Education

Bachelor's degree in Business or related

Job description

About the Role

Our client is seeking an accomplished Senior Insurance Underwriter specializing in commercial lines to join their prestigious team in Sandton. This role requires extensive experience in assessing complex commercial risks, managing a portfolio of business clients, and making critical underwriting decisions. You will leverage your expertise to ensure profitable growth while adhering to risk appetite and guidelines. The ideal candidate will possess strong analytical acumen, excellent negotiation skills, and a deep understanding of the commercial insurance market, making significant contributions to the company's success in the sophisticated Gauteng business landscape.

Key Responsibilities

• Underwrite and manage a portfolio of commercial insurance risks, focusing on profitability and portfolio balance.
• Conduct in-depth risk analysis for complex commercial accounts, including property, casualty, and liability lines.
• Develop and maintain strong relationships with brokers and agents, providing expert underwriting support.
• Interpret and apply underwriting policies, procedures, and guidelines accurately.
• Mentor and guide junior underwriters, sharing expertise and best practices in commercial underwriting.

Requirements

• Minimum of 7 years of experience in commercial insurance underwriting.
• Bachelor's degree in Business, Finance, Risk Management, or a related discipline.
• Demonstrated expertise in underwriting various commercial insurance classes.
• Strong analytical, decision-making, and problem-solving skills.
• Excellent communication, negotiation, and interpersonal skills, with a professional demeanor.

Benefits

• Highly competitive salary and a generous annual bonus opportunity.
• Comprehensive health, disability, and retirement benefits package.
• Professional development opportunities, including advanced underwriting certifications.
• Exposure to a diverse and challenging commercial client base.
• A professional and prestigious work environment in Sandton.