Senior Underwriter - Marine

American International Group; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading insurance company is seeking a Senior Marine Underwriter in Johannesburg. The successful candidate will underwrite marine business and manage portfolio accounts for profitable growth. The role requires a graduate level degree, 5-10 years of experience in marine underwriting, and strong communication and relationship-building skills. Join us in transforming the way we help customers manage risk and adhere to operational efficiency standards.

Qualifications

• 5-10 years of marine underwriting experience in line of business.
• Experience in underwriting preferred; other relevant professional experience also acceptable.
• Good organizational and time-management skills.

Responsibilities

• Underwrite marine business and conduct risk assessments.
• Manage marine portfolio accounts for profitable growth.
• Develop and maintain strong professional relationships with clients and brokers.

Skills

Strong communication skills

Networking skills

Customer-oriented behaviors

Problem solving

Education

Graduate level degree in business, economics, insurance, or marketing

Insurance qualification – FAIS compliant

Job description

About the Role

Senior Marine Underwriter – Reimagining insurance to make a bigger difference to the world. Join us to play a part in transforming the way we help customers manage risk.

Responsibilities

• Technical Underwriting – Underwrite marine business within authority, conduct rigorous risk assessment considering loss control, claims history and other risk management factors; develop, negotiate and sign off large programs, motivate limits, and structure policies where referral is required.
• Portfolio Management – Manage marine portfolio accounts for profitable growth, assess overall performance, and recommend adjustments to the Profit Centre Manager.
• Provide accurate monthly management information, including submissions, bind rate, average premium, and total premium.
• Seek synergies and participate in cross‑sell initiatives with other profit centres.
• Develop and maintain strong professional relationships with clients and brokers.
• Represent AIG on industry bodies, professional associations, and organizations.
• Keep abreast of market changes and trends; adhere to internal SLA’s to ensure operational efficiency and achievement of agreed customer service standards.
• Expense control – manage all expenses within budget and continually work to reduce the expense ratio through efficiency improvements.
• Audit and Compliance – ensure adherence to audit requirements and regulatory and compliance standards.

Qualifications

• Graduate level degree in business, economics, insurance or marketing.
• Insurance qualification – FAIS compliant.
• 5‑10 years of marine underwriting experience in line of business.
• Experience in underwriting preferred; other relevant professional experience also acceptable.
• Strong communication, networking and relationship‑building skills.
• Good organizational and time‑management skills.
• Customer and sales‑oriented behaviours: motivated, tenacious, focused, technically skilled, proactive, and accountable.

Core Competencies

• Dealing with ambiguity
• Customer focus
• Negotiating skills
• Drive for results
• Presentation skills
• Innovation management
• Business acumen
• Problem solving
• Risk analysis and pricing
• Interpretation of legal agreements
• Policies for regulations
• Portfolio management

Equal Opportunity Statement

AIG is an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. We are committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.