Senior Underwriting Manager

Placements24; Centurion; Híbrido; ZAR 1.000.000 - 1.800.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Executive salary package

Performance bonuses

Medical aid

Pension fund

Life and disability cover

Remote work option

Descripción de la vacante

Placements24 is seeking a strategic and experienced Senior Underwriting Manager to lead the underwriting division in Centurion, Gauteng. This role drives underwriting strategy, team leadership, and profitable growth through accurate risk assessment and pricing.

Leading a high-performance team, you will shape risk appetite, guide product development, ensure regulatory compliance, and push for competitive positioning.

Formación

• Master's degree required in business/finance/risk disciplines or equivalent.
• Proven track record in leading underwriting teams and driving profitable growth.
• Strong knowledge of underwriting principles and pricing methodologies.

Responsabilidades

• Develop and execute underwriting strategies aligned with business goals.
• Lead and mentor the underwriting team, set performance standards.
• Oversee risk evaluation and pricing of complex risks.
• Collaborate with product teams to design new insurance offerings.
• Monitor performance, analyze loss ratios and identify trends.
• Ensure regulatory compliance and policy adherence.
• Build relationships with brokers and distribution partners.
• Conduct market research to identify opportunities and threats.
• Implement efficient underwriting guidelines and procedures.
• Report on underwriting results and strategic initiatives to leadership.

Conocimientos

Strategic leadership

Pricing strategies

Data analysis

Regulatory understanding

Communication

Educación

Master's degree in Business Administration/Finance/Risk Management

Herramientas

Underwriting software

Descripción del empleo

Our client is seeking a strategic and experienced Senior Underwriting Manager to lead their underwriting division in Centurion, Gauteng. This leadership position is responsible for developing and implementing underwriting strategies, managing the underwriting team, and ensuring profitable growth by accurately assessing and pricing risks. The ideal candidate will possess a comprehensive understanding of the insurance market, strong analytical skills, and the ability to foster a high-performance culture. You will play a critical role in shaping the company's risk appetite and product development, ensuring competitive positioning and adherence to regulatory standards. This is a key role within the organization, driving strategic direction for underwriting operations in Centurion and beyond.

Key Responsibilities

• Develop and execute underwriting strategies aligned with the company's financial and growth objectives.
• Lead, mentor, and manage the underwriting team, setting performance standards and fostering professional development.
• Oversee the evaluation and approval of complex insurance risks, ensuring appropriate pricing and terms.
• Collaborate with product development teams to design and launch new insurance products.
• Monitor underwriting performance, analyze loss ratios, and identify trends requiring strategic adjustments.
• Ensure compliance with all relevant insurance regulations and internal policies.
• Build and maintain strong relationships with brokers, agents, and other distribution partners.
• Conduct market research to identify new opportunities and competitive threats.
• Implement and optimize underwriting guidelines and procedures for efficiency and accuracy.
• Report on underwriting performance and strategic initiatives to senior management.

Requirements

• A Master's degree in Business Administration, Finance, Risk Management, or a related field.
• Minimum of 8 years of progressive experience in insurance underwriting, with at least 3 years in a management or leadership role.
• Demonstrated success in developing and implementing underwriting strategies that drive profitable growth.
• Expert knowledge of underwriting principles, risk assessment, and pricing methodologies across various insurance lines.
• Strong analytical and decision-making skills, with the ability to interpret complex data.
• Excellent leadership, communication, and interpersonal skills.
• Experience with underwriting software and systems.
• Understanding of the South African insurance market and regulatory landscape.
• Professional designations in underwriting (e.g., AU, CPCU) are highly desirable for this Centurion based role.

Benefits

• Our client offers a highly competitive executive salary package, complemented by significant performance bonuses and long-term incentive plans.
• Comprehensive benefits include top-tier medical aid, an excellent pension fund, and substantial life and disability cover.
• The company provides ample opportunities for continuous learning, professional development, and career progression.
• This role offers the flexibility of remote work, allowing for a better work-life balance while still being connected to the Centurion, Gauteng office.
• Employees can also enjoy a generous leave policy, wellness programs, and access to exclusive company perks.
• Join a forward-thinking organization that values innovation and employee growth.