Senior Underwriter - Commercial Lines

Placements24; Cape Town; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary

Fully remote work environment

Health insurance

Generous annual leave

Professional development opportunities

Retirement plan

Job summary

Placements24 is seeking a Senior Underwriter specialized in Commercial Lines to join a fully remote, expanding team. You will evaluate and price complex commercial risks, ensuring profitability and sustainable growth for the company across a national footprint.

Leverage deep industry knowledge to drive underwriting decisions, contribute to product development, and foster strong broker relationships. The role offers significant remote flexibility and collaboration with a nationwide team serving

Qualifications

• 7+ years of experience in commercial lines underwriting.
• Ability to underwrite complex risks and maintain a profitable book.
• Excellent analytical, decision-making and problem-solving skills.
• Strong communication and interpersonal skills for remote collaboration with brokers.
• ACII or CIP qualifications are highly desirable.

Responsibilities

• Assess and underwrite new and renewal commercial insurance applications, evaluating risks and pricing terms.
• Develop and maintain broker/agent relationships to support retention and growth.
• Analyze market trends and loss data to inform underwriting strategies.
• Contribute to underwriting guidelines, products, and rating tools.
• Collaborate with claims, actuarial and sales teams for cohesive risk management.

Skills

Commercial lines underwriting

Analytical skills

Broker engagement

Remote collaboration

Education

ACII/CIP desirable

Job description

About the Role

Our client is seeking an accomplished Senior Underwriter specializing in Commercial Lines to join their fully remote, expanding team. This role is crucial for evaluating and pricing complex commercial insurance risks, ensuring profitability and sustainable growth for the company. You will leverage your deep industry knowledge and analytical skills to make sound underwriting decisions, contribute to product development, and foster strong broker relationships. Working remotely allows for unparalleled flexibility, enabling you to operate from anywhere while collaborating with a national team dedicated to excellence in the insurance sector, serving clients across Cape Town and beyond.

Key Responsibilities

• Assess and underwrite new and renewal commercial insurance applications, evaluating risks and determining appropriate terms, conditions, and pricing.
• Develop and maintain strong relationships with brokers and agents, providing expert advice and service to support business retention and growth.
• Analyze market trends, competitor activities, and loss data to inform underwriting strategies and portfolio management.
• Contribute to the development and refinement of underwriting guidelines, products, and rating tools.
• Collaborate with claims, actuarial, and sales teams to ensure a cohesive approach to risk management and customer service.

Requirements

• A minimum of 7 years of experience in commercial lines underwriting, with a strong understanding of various business sectors.
• Proven ability to underwrite complex risks and manage a profitable book of business.
• Excellent analytical, decision-making, and problem-solving skills.
• Strong communication and interpersonal skills, essential for remote collaboration and broker engagement.
• Relevant professional qualifications (e.g., ACII, CIP) are highly desirable.

Benefits

• Highly competitive salary and performance-based bonus structure.
• Fully remote work environment offering significant flexibility and autonomy.
• Comprehensive health, dental, and vision insurance plans.
• Generous annual leave and professional development opportunities.
• Contribution to retirement savings and other employee wellness programs.