Senior Insurance Underwriter - Hybrid, Midrand

Placements24; Midrand; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Medical aid

Retirement fund

Hybrid work model

Professional development opportunities

Performance bonuses

Job summary

Placements24 is seeking a Senior Insurance Underwriter in Midrand, Gauteng. The role involves assessing risks, setting terms and pricing, and ensuring profitability across commercial lines. Collaborate with brokers and internal teams to maintain a balanced portfolio.

The ideal candidate has 5+ years in underwriting, strong analytical skills, and knowledge of SA insurance regulations. A hybrid work model and opportunities for professional growth are offered.

Qualifications

• Bachelor's degree in Finance, Risk Management, Actuarial Science, or related field.
• Minimum 5 years in insurance underwriting, with a focus on commercial lines.
• Ability to analyze complex data, identify risks, and make sound decisions.
• Knowledge of SA regulatory landscape and insurance principles.
• Proficient in underwriting software and MS Office.

Responsibilities

• Analyze and assess complex insurance risks across commercial and personal lines.
• Determine terms, conditions, and pricing to ensure profitability.
• Develop relationships with intermediaries and provide expert support.
• Monitor portfolio performance and identify trends.
• Collaborate with claims and actuarial teams to refine pricing models.
• Ensure compliance with policies and SA legislation.

Skills

Analytical thinking

Negotiation skills

Communication skills

Mentoring / leadership

Education

Bachelor's degree in Finance or Risk Management or Actuarial Science

ACII or equivalent

Tools

Underwriting software

Job description

Placements24 is seeking a Senior Insurance Underwriter in Midrand, Gauteng. The role involves assessing risks, setting terms and pricing, and ensuring profitability across commercial lines. Collaborate with brokers and internal teams to maintain a balanced portfolio.

The ideal candidate has 5+ years in underwriting, strong analytical skills, and knowledge of SA insurance regulations. A hybrid work model and opportunities for professional growth are offered.