Senior Underwriter - Commercial General Liability

Placements24; Sandton; On-site; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Bonus scheme

Medical aid

Provident fund

Professional development

Job summary

Placements24 in Sandton, Gauteng seeks an experienced Senior Underwriter specializing in Commercial General Liability (CGL). You will assess risk, determine terms and pricing, and nurture broker relationships to drive profitability in a dynamic insurance market.

Ideal candidates bring 7+ years in CGL underwriting, strong knowledge of policy forms and regulatory requirements, and a proactive mentoring approach for junior underwriters. Relocation to Sandton is welcome.

Qualifications

• Matriculation certificate or equivalent.
• Relevant tertiary qualification in Commerce, Law, or related field; ACII/ARM preferred.
• Minimum 7 years experience in Commercial General Liability underwriting.
• Deep knowledge of CGL policy forms, endorsements, and applicable laws.
• Excellent negotiation and communication skills; capable of independent work.

Responsibilities

• Underwrite CGL insurance for a broad range of businesses.
• Evaluate risks by reviewing loss history, financial stability and operations.
• Set policy terms, conditions, deductibles and premiums.
• Ensure decisions align with guidelines, appetite and regulations.
• Build and maintain profitable broker/agent relationships.
• Manage a portfolio with growth, profitability and retention focus.
• Provide technical support to brokers, clients and internal teams.
• Monitor market trends, legislation changes and competitor activity.
• Contribute to underwriting strategy development and product enhancements.
• Mentor and train junior underwriters with knowledge sharing.

Skills

Negotiation

Communication

Analytical thinking

Teamwork

Independent work

Education

Matriculation certificate or equivalent

Tertiary qualification in Commerce or Law

ACII / ARM designation

Tools

MS Office Suite

Underwriting systems

Job description

About the Role

Our client, a respected and established insurance company, is actively seeking an experienced Senior Underwriter specializing in Commercial General Liability (CGL) to join their prestigious team in Sandton, Gauteng . This role is critical for assessing and managing the risks associated with commercial general liability exposures for a diverse range of businesses. You will be responsible for evaluating applications, determining appropriate terms, conditions, and pricing, and cultivating strong relationships with brokers and agents. The ideal candidate possesses a deep understanding of CGL policies, legal liabilities, and risk management principles, coupled with strong analytical and decision-making abilities. This is an excellent career opportunity to contribute significantly to a leading insurer in the bustling financial district of Sandton . We are looking for a candidate who can demonstrate a proactive approach to underwriting, a commitment to profitability, and the ability to mentor junior underwriters. Your expertise will be vital in navigating the complexities of commercial liability risks and ensuring the company’s continued success in this market segment. The role requires a blend of technical knowledge and commercial acumen. Join a company that values expertise, fosters professional growth, and offers a rewarding career path within the insurance industry.

Key Responsibilities

• Underwrite Commercial General Liability insurance policies for a broad spectrum of businesses.
• Evaluate risks, analyze loss history, financial stability, and operational exposures of applicants.
• Determine appropriate policy terms, conditions, deductibles, and premium rates.
• Ensure all underwriting decisions adhere to company guidelines, appetite, and regulatory requirements.
• Build and maintain strong, profitable relationships with key brokers and agents.
• Manage a portfolio of CGL accounts, focusing on growth, profitability, and retention.
• Provide technical expertise and support to brokers, clients, and internal teams.
• Stay informed about market trends, legislative changes, and competitor activities impacting CGL insurance.
• Participate in the development of underwriting strategies and product enhancements.
• Mentor and train junior underwriters, sharing knowledge and best practices.

Requirements

• Matriculation certificate or equivalent.
• Relevant tertiary qualification in Commerce, Law, or a related field; professional insurance designations (e.g., ACII, ARM) are highly preferred.
• Minimum of 7 years of comprehensive experience in Commercial General Liability underwriting.
• In-depth knowledge of CGL policy forms, endorsements, and applicable laws.
• Proven ability to analyze complex risks and make sound underwriting judgments.
• Excellent negotiation, communication, and interpersonal skills.
• Proficiency in underwriting support systems and MS Office Suite.
• Strong analytical and problem-solving capabilities.
• Ability to work independently and effectively within a team environment.
• Must be located in or willing to relocate to the Sandton, Gauteng area.

Benefits

• Competitive salary package commensurate with experience and expertise.
• Attractive performance-based bonus scheme.
• Comprehensive medical aid and provident fund benefits.
• Opportunities for professional development, advanced training, and certifications.
• Generous annual leave and other paid time off.
• Dynamic and professional work environment in a prime business location.
• Career advancement opportunities within a leading insurance organization.
• Access to cutting-edge underwriting tools and resources.