Senior Insurance Underwriting Specialist | Risk & Pricing

Placements24; Kempton Park; On-site; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Health insurance

Retirement contributions

Performance-based incentives

Professional development opportunities

Job summary

Placements24 is seeking an Insurance Underwriting Specialist in Tembisa, Gauteng. You will evaluate and accept insurance risks, ensuring profitability within risk appetite guidelines and maintaining detailed underwriting records.

Ideal candidates have a strong analytical mindset, effective communication, and proficiency in underwriting software. The role offers growth within a collaborative, professional financial services environment.

Qualifications

• Bachelor's degree in Business, Finance, Insurance, or a related field.

Responsibilities

• Analyze and assess insurance applications to determine risk acceptability and pricing.
• Review policy terms, conditions, and endorsements to ensure alignment with underwriting guidelines.
• Calculate premiums and ensure accurate policy issuance.
• Work closely with brokers and agents to gather necessary information and provide underwriting decisions.
• Monitor market trends and competitor activities to inform underwriting strategies.
• Identify and manage aggregate risk exposures.
• Assist in the development and refinement of underwriting policies and procedures.
• Maintain accurate and organized underwriting files and records.

Skills

Analytical thinking

Communication

Negotiation

Attention to detail

Education

Bachelor's degree in Business, Finance, Insurance, or a related field

Tools

MS Office

Underwriting software

Job description

Placements24 is seeking an Insurance Underwriting Specialist in Tembisa, Gauteng. You will evaluate and accept insurance risks, ensuring profitability within risk appetite guidelines and maintaining detailed underwriting records.

Ideal candidates have a strong analytical mindset, effective communication, and proficiency in underwriting software. The role offers growth within a collaborative, professional financial services environment.