Senior Insurance Underwriter - Commercial Lines

Placements24; Sandton; Sur place; ZAR 800 000 - 1 400 000; Plein temps

Avantages offerts par ce poste

Competitive salary & incentives

Professional development opportunities

Access to underwriting tools

Dynamic Sandton office

Strategic portfolio involvement

Résumé du poste

Placements24 in Sandton seeks a highly experienced Senior Insurance Underwriter specializing in Commercial Lines to join our prestigious team. You will assess complex commercial risks, determine coverage terms, and strategically price policies to protect profitability and risk appetite.

Responsibilities include underwriting property, casualty, and specialty lines, analyzing financials and market conditions, and mentoring junior underwriters while contributing to underwriting strategy and product

Qualifications

• Bachelor's degree in Business, Finance, Economics or related discipline.
• Minimum 6 years of progressive experience in commercial lines underwriting.
• In-depth knowledge of commercial insurance products (property, casualty, professional indemnity).
• Professional designations such as FLMI or ACII are highly desirable.

Responsabilités

• Evaluate and underwrite complex commercial insurance risks, including property, casualty, and specialty lines.
• Analyze financial statements, business operations, and market conditions to assess risk exposure.
• Determine appropriate policy terms, conditions, exclusions, and pricing to ensure profitability and competitive positioning.
• Build and maintain strong relationships with brokers and agents, providing expert underwriting advice and support.
• Ensure adherence to underwriting guidelines, company policies, and regulatory requirements.
• Mentor and guide junior underwriters, fostering their professional development and underwriting expertise.
• Contribute to the development and refinement of underwriting strategies and product offerings.

Description du poste

About the Role

Our client, a distinguished name in the insurance sector, is seeking a highly experienced Senior Insurance Underwriter with a specialization in Commercial Lines to join their prestigious team in Sandton . This senior role involves the meticulous assessment of complex commercial risks, the determination of appropriate coverage terms, and the strategic pricing of insurance policies. You will play a critical role in maintaining the profitability and integrity of the company's commercial underwriting portfolio, contributing significantly to business strategy and risk appetite development.

Key Responsibilities

• Evaluate and underwrite complex commercial insurance risks, including property, casualty, and specialty lines.
• Analyze financial statements, business operations, and market conditions to assess risk exposure accurately.
• Determine appropriate policy terms, conditions, exclusions, and pricing to ensure profitability and competitive positioning.
• Build and maintain strong relationships with brokers and agents, providing expert underwriting advice and support.
• Ensure adherence to underwriting guidelines, company policies, and regulatory requirements.
• Mentor and guide junior underwriters, fostering their professional development and underwriting expertise.
• Contribute to the development and refinement of underwriting strategies and product offerings.

Requirements

• A Bachelor's degree in Business, Finance, Economics, or a related discipline.
• A minimum of 6 years of progressive experience in commercial lines insurance underwriting.
• In-depth knowledge of various commercial insurance products, including property, liability, and professional indemnity.
• Strong analytical, decision-making, and negotiation skills.
• Excellent understanding of risk management principles and financial analysis.
• Proficiency in underwriting systems and standard office software.
• Professional designations such as FLMI or ACII are highly desirable.

Benefits

• A highly competitive salary and a comprehensive benefits package, including performance-based incentives.
• Opportunities for advanced professional development and career progression within a leading organization.
• Access to cutting-edge underwriting tools and resources.
• A sophisticated and professional working environment located in the heart of Sandton .
• Contribution to shaping the strategic direction of the company's commercial insurance portfolio.