Senior Underwriter - Specialty Lines (Cyber & Professional Indemnity)

Placements24; Sandton; Híbrido; ZAR 900.000 - 1.300.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Remote work arrangement

Competitive salary

Medical aid and retirement fund

Professional development

Descripción de la vacante

Placements24 is seeking a Senior Underwriter specializing in Specialty Lines, with a focus on Cyber Liability and Professional Indemnity, to join a fully remote team. The role demands expert risk assessment, tailored underwriting strategies, and portfolio management for specialty lines across South Africa.

You will collaborate with brokers and internal stakeholders remotely, stay ahead of regulatory changes, and contribute to product development while enjoying a flexible remote work arrangement

Formación

• Minimum 5–7 years of underwriting experience with cyber and PI focus.
• Deep knowledge of risk assessment, policy wording, and market dynamics for specialty lines.
• Proven ability to underwrite complex risks and manage profitable portfolios.
• Excellent analytical and decision-making skills.
• Strong remote collaboration and communication abilities.
• Professional qualifications like ACII or CII helpful.

Responsabilidades

• Underwrite cyber liability and PI specialty risks.
• Develop underwriting strategies for profitable growth.
• Assess risks, terms, conditions, and pricing.
• Maintain relationships with brokers via virtual channels.
• Monitor portfolio performance and manage exposures.
• Ensure compliance with guidelines and regulatory requirements.
• Collaborate with claims, legal, risk teams.
• Stay updated on threats and regulatory changes.
• Contribute to new products and underwriting tools.
• Provide guidance to junior underwriters.

Conocimientos

Risk assessment

Portfolio management

Analytical skills

Communication

Remote collaboration

Herramientas

Underwriting software

CRM systems

MS Office

Descripción del empleo

About the Role

Our client, an innovative insurance provider, is seeking a highly skilled Senior Underwriter specializing in Specialty Lines to join their fully remote team. This position is ideal for an experienced professional with deep expertise in Cyber Liability and Professional Indemnity insurance. You will be responsible for evaluating complex risks, developing tailored underwriting strategies, and managing a portfolio of specialty insurance business. The role requires a proactive approach to understanding emerging threats and evolving market dynamics in these niche sectors. As a remote-first position, you will have the autonomy to manage your workload effectively while collaborating closely with a geographically dispersed team via digital platforms. This is a significant opportunity to contribute to the growth of our client's specialty lines division, leveraging your niche expertise from any location within South Africa. You will work alongside a team of dedicated professionals, driving innovation and maintaining high underwriting standards. The ability to analyze complex data, assess evolving risks, and build strong relationships with brokers remotely will be key to your success. Our client is committed to providing a supportive and technologically advanced remote working environment.

Key Responsibilities

• Underwrite specialty insurance risks, focusing on Cyber Liability and Professional Indemnity lines of business.
• Develop and implement effective underwriting strategies to achieve profitable growth within assigned portfolios.
• Assess complex risks, determine appropriate terms, conditions, and pricing.
• Build and maintain strong, profitable relationships with brokers and distribution partners through virtual channels.
• Monitor portfolio performance, identify trends, and manage exposures proactively.
• Ensure compliance with underwriting guidelines, regulatory requirements, and company policies.
• Collaborate with claims, legal, and risk management teams to provide comprehensive solutions.
• Stay abreast of emerging threats, market developments, and regulatory changes in specialty lines.
• Contribute to the development of new products and underwriting tools for specialty lines.
• Provide technical expertise and support to junior underwriters and internal stakeholders.

Requirements

• A minimum of 5-7 years of experience in underwriting, with a strong specialization in Cyber Liability and Professional Indemnity insurance.
• In-depth knowledge of risk assessment, policy wording, and market dynamics for specialty lines.
• Proven ability to underwrite complex risks and manage profitable portfolios.
• Excellent analytical, decision-making, and problem-solving skills.
• Strong verbal and written communication skills, with experience in remote collaboration.
• Proficiency in underwriting software, CRM systems, and MS Office Suite.
• Relevant professional qualifications (e.g., ACII, CIPP) are highly advantageous.
• Self-motivated, highly organized, and able to work effectively independently in a remote setting.
• Demonstrated ability to build and maintain strong virtual relationships with brokers.
• Based in South Africa and comfortable with a fully remote work setup.

Benefits

• Competitive annual salary, reflecting your specialized expertise.
• Performance-based bonus opportunities tied to portfolio profitability and growth.
• Comprehensive medical aid and retirement fund contributions.
• Flexible remote work arrangement offering an excellent work-life balance.
• Opportunities for continuous professional development and specialized training.
• Be part of an innovative and forward-thinking insurance company.
• Direct contribution to the strategic growth of a key specialty lines division, operating from Sandton .