Underwriter (Multi Lines)

Hire Resolve; Johannesburg; On-site; ZAR 520,000 - 900,000; Full time

Benefits offered by this job

Negotiable salary

Job summary

An insurance company is looking for an experienced Underwriter to join their team in Johannesburg, Gauteng. The ideal candidate will have at least five years of specialist underwriting experience and strong relationship management skills. Responsibilities include managing complex risks, evaluating risk selection, and maintaining effective broker relationships. The role also involves analyzing data and ensuring compliance with guidelines. This is a great opportunity for those looking to develop their career in a dynamic environment.

Qualifications

• Specialist underwriting experience with at least five years in specific product lines.
• Strong product knowledge and industry segmentation understanding.
• Proficiency in underwriting procedures and insurance terminology.
• Proficiency in underwriting procedures, insurance terminology, and rating principles.
• Advantageous experience in General Liability, Professional Indemnity, and Financial Lines.

Responsibilities

• Manage complex risks and develop strategic partnerships.
• Evaluate risk selection ensuring compliance with guidelines.
• Foster strong relationships with brokers to drive growth.
• Approve risk selection within product line boundaries.
• Develop relationships with brokers to drive renewals and sales.
• Re-underwrite renewals for organic growth and profitability.
• Maintain broker relationships to attract and retain business.
• Ensure compliance with underwriting processes and administrative tasks.
• Analyze data for risk selection and coverage approval.
• Recommend improvements for productivity and profitability.

Skills

Strong influencing and relationship management skills

Analytical skills for interpreting data

Strong negotiation skills

Good communication skills

Communication skills

MS Office

Analytical thinking

Education

Five years of experience in underwriting

Intermediate proficiency in MS Office

Tools

MS Office (Word, Excel, PowerPoint, Outlook)

Job description

Hire Resolve's client is looking for an experienced Underwriter to join their team in Johannesburg, Gauteng. They are looking for someone with Multi-Line experience. As an underwriter, you will be responsible for managing complex risks and developing strategic partnerships within the Africa region. Your role involves evaluating risk selection, ensuring compliance with underwriting guidelines, and fostering strong relationships with brokers to drive profitable business growth. Additionally, you will analyze data to support decision-making and contribute to continuous process improvements.

Responsibilities

• Champion partnerships and relationships in Africa.
• Coordinate complex risks with product experts.
• Follow underwriting mandates and company guidelines for profitability.
• Approve risk selection within product line boundaries.
• Develop relationships with brokers to drive renewals and sales.
• Re-underwrite renewals for organic growth and profitability.
• Maintain effective broker relationships to attract and retain business.
• Ensure compliance with underwriting processes and administrative tasks.
• Analyze data for risk selection and coverage approval.
• Recommend improvements for productivity and profitability.
• Decline unsuitable risks and document appropriately.
• Ensure timely issuance of policy transactions.
• Meet goals for new business within company guidelines.
• Service and re-underwrite renewal policies as needed.
• Provide timely and professional customer service.
• Maintain knowledge of underwriting principles.
• Participate in product development and process improvements.
• Train underwriting assistants for career development.
• Keep accurate records and ensure compliance with standards.
• Perform other necessary operational duties.

Requirements

• Specialist underwriting experience with at least five years in specific product lines.
• Strong product knowledge and understanding of industry segmentation and applicable risk exposures.
• Enquiring mind to gather additional information for effective risk assessment.
• Proficiency in underwriting procedures, insurance terminology, and rating principles.
• Advantageous experience in General Liability, Professional Indemnity, and Financial Lines.
• Strong influencing and relationship management skills.
• Ability to adapt to different country cultures.
• Willingness to travel internationally.
• Openness to developing new underwriting experience with new products.
• Business management and self-management skills.
• Good communication skills, including writing and presentation.
• Strong negotiation skills (internal and external).
• Sales and marketing experience.
• Analytical skills for interpreting data related to assigned risks.
• Solutions-driven approach.
• Well-presented and representative of the company's image.
• Intermediate proficiency in MS Office (Word, Excel, PowerPoint, Outlook).
• Career-oriented mindset.
• Ability to work overtime and attend functions.

Benefits

• Salary: Negotiable

Apply for this role today, contact Abigail King at Hire Resolve or on LinkedIn

You can alsovisit the Hire Resolve website: hireresolve.us or email us your CV: [e-mail]