Senior Underwriter

Placements24; George; On-site; ZAR 720,000 - 1,000,000; Full time

Benefits offered by this job

Health insurance

Retirement planning

Professional development

Collaborative office environment

Job summary

Placements24 in George, Western Cape, is seeking an experienced Senior Underwriter to assess and price risks for complex commercial and personal lines.

You will develop broker relationships, underwrite new business and renewals, and mentor junior underwriters in a collaborative team environment.

Qualifications

• Extensive experience in insurance underwriting with a strong track record in commercial or personal lines.
• In-depth knowledge of underwriting principles, risk assessment techniques, and relevant legislation.
• Excellent analytical and decision‑making skills, with a keen eye for detail.

Responsibilities

• Analyze and evaluate insurance applications, assessing risks and determining appropriate terms, conditions, and pricing.
• Develop and maintain strong relationships with brokers and agents, providing expert underwriting support and guidance.
• Underwrite new business and renewals, ensuring compliance with company guidelines and regulatory requirements.
• Monitor market trends and competitor activities to identify potential opportunities and threats.
• Mentor and provide guidance to junior underwriters, fostering a culture of excellence and continuous improvement.
• Contribute to the development and refinement of underwriting policies and procedures.

Skills

Underwriting knowledge

Analytical skills

Negotiation

Communication

Mentoring

Education

CIP

ACII

Job description

About the Role

Our client is seeking an experienced Senior Underwriter to join their established team in George . This role involves assessing and accepting, rejecting, or pricing insurance risks for complex commercial and personal lines policies. You will leverage your deep understanding of underwriting principles and market dynamics to make informed decisions that balance risk and profitability. This is a key position within the underwriting department, contributing significantly to the company's growth and financial stability in the Western Cape region.

Key Responsibilities

• Analyze and evaluate insurance applications, assessing risks and determining appropriate terms, conditions, and pricing.
• Develop and maintain strong relationships with brokers and agents, providing expert underwriting support and guidance.
• Underwrite new business and renewals, ensuring compliance with company guidelines and regulatory requirements.
• Monitor market trends and competitor activities to identify potential opportunities and threats.
• Mentor and provide guidance to junior underwriters, fostering a culture of excellence and continuous improvement.
• Contribute to the development and refinement of underwriting policies and procedures.

Requirements

• Extensive experience in insurance underwriting , with a strong track record in commercial or personal lines.
• In-depth knowledge of underwriting principles, risk assessment techniques, and relevant legislation.
• Excellent analytical and decision‑making skills, with a keen eye for detail.
• Strong negotiation and communication skills, capable of building rapport with internal and external stakeholders.
• Relevant professional qualifications (e.g., CIP, ACII) are highly desirable.
• Proven ability to manage a complex workload and meet deadlines in a fast‑paced environment.

Benefits

• Attractive salary commensurate with experience and qualifications.
• Comprehensive benefits package including health insurance and retirement planning.
• Opportunities for continued professional development and advanced training.
• A stable and reputable company with a strong market presence.
• A collaborative office environment with a focus on teamwork and professional growth.