Senior Underwriter - Commercial Lines

Placements24; Kempton Park; In loco; ZAR 800.000 - 1.200.000; Tempo pieno

Vantaggi offerti da questo lavoro

Competitive salary with annual bonus

Comprehensive health insurance

Retirement fund contributions

Career progression opportunities

Continuous learning and development

Descrizione del lavoro

Placements24 in South Africa is seeking an experienced Senior Underwriter to manage complex commercial insurance risks in Tembisa. You will assess, price, and select policies, working closely with brokers and agents to ensure profitability while balancing risk.

This role requires a strong background in commercial property, casualty, liability, and a proven ability to mentor junior underwriters and lead portfolio performance. A bachelor’s degree and 5+ years underwriting experience are preferred.

Competenze

• Bachelor's degree in Finance, Business, or a related field.
• 5+ years of experience as an underwriter, specializing in commercial lines.
• Strong knowledge of commercial property, casualty, and liability insurance products.
• Excellent negotiation and relationship-building skills.
• Strong risk assessment and financial analysis capabilities.

Mansioni

• Evaluate and underwrite complex commercial insurance applications, assessing risks and determining coverage.
• Set pricing strategies and terms for commercial policies to ensure profitability and competitiveness.
• Build and maintain relationships with brokers, agents, and clients to foster business growth.
• Monitor portfolio performance and identify trends to inform underwriting decisions.
• Provide mentorship to junior underwriters.

Conoscenze

Underwriting

Negotiation

Relationship management

Risk assessment

Financial analysis

Formazione

Bachelor's degree in Finance/Business or related field

Descrizione del lavoro

Our client is looking for an experienced and strategic Senior Underwriter to manage complex commercial insurance risks in Tembisa . This role is pivotal in assessing, selecting, and pricing commercial insurance policies to ensure profitability and manage risk exposure. You will work closely with brokers and agents, providing expert advice and underwriting guidance. This is a key position within our client's commercial division, requiring a deep understanding of market dynamics and a commitment to maintaining a robust and profitable portfolio in the challenging insurance market .

Key Responsibilities

• Evaluate and underwrite complex commercial insurance applications, assessing risks and determining appropriate coverage.
• Set pricing strategies and terms for commercial policies to ensure profitability and competitiveness.
• Build and maintain strong relationships with brokers, agents, and clients to foster business growth.
• Monitor the performance of the underwriting portfolio, identifying trends and making strategic adjustments.
• Provide technical guidance and mentorship to junior underwriters.

Requirements

• A minimum of a relevant Bachelor's degree in Finance, Business, or a related field.
• Extensive experience (5+ years) as an underwriter , with a specialization in commercial lines.
• Deep knowledge of commercial property, casualty, and liability insurance products.
• Strong negotiation skills and the ability to build and maintain professional relationships.
• Excellent understanding of risk assessment principles and financial analysis.

Benefits

• A competitive salary package with annual bonus opportunities.
• Comprehensive health insurance, including specialized coverages.
• Generous contribution to a retirement fund.
• Significant opportunities for career progression within the insurance industry.
• Commitment to continuous learning and professional development.