Senior Insurance Underwriter – Hybrid, Risk & Pricing Expert

Placements24; Vereeniging; Hybrid; ZAR 600,000 - 1,200,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Placements24, on behalf of a leading insurance provider in Vereeniging, Gauteng, invites applications for a Senior Insurance Underwriter to assess risk, develop pricing strategies and ensure regulatory compliance across complex commercial risks.

The role combines in-office collaboration with remote flexibility, offers a competitive salary package, strong career progression, and opportunities to mentor junior staff in a dynamic market.

Qualifications

• Bachelor's degree in Finance, Economics, Risk Management, or related field.
• 5–7 years in insurance underwriting, focusing on commercial lines or complex risks.
• Ability to analyze financial data and assess risk exposure.
• Strong knowledge of insurance principles, products, and regulations.
• Excellent negotiation and communication skills.
• Experience with underwriting software and MS Office.
• ACII or equivalent qualification advantageous.
• Leadership potential for supervisory role.

Responsibilities

• Analyze and evaluate insurance applications, assessing risks and determining coverage terms.
• Develop underwriting guidelines and pricing strategies for profitability.
• Collaborate with brokers, agents, and clients for tailored insurance solutions.
• Review policy renewals, identify risks and opportunities for adjustments.
• Ensure underwriting activities comply with policies and regulations.
• Mentor junior underwriting staff; foster learning and development.
• Stay updated on market trends and competitive landscape to inform decisions.

Skills

Underwriting

Analytical

Negotiation

Communication

Leadership

Education

Bachelor's degree in Finance, Economics, Risk Management, or related field

Tools

Underwriting software

MS Office

Job description

Placements24, on behalf of a leading insurance provider in Vereeniging, Gauteng, invites applications for a Senior Insurance Underwriter to assess risk, develop pricing strategies and ensure regulatory compliance across complex commercial risks.

The role combines in-office collaboration with remote flexibility, offers a competitive salary package, strong career progression, and opportunities to mentor junior staff in a dynamic market.