Underwriter - Personal Lines Insurance

Placements24; Polokwane; On-site; ZAR 320,000 - 520,000; Full time

Benefits offered by this job

Competitive salary

Incentives & bonuses

Medical aid & retirement fund

Generous annual leave

Career advancement

Supportive work environment Polokwane

Ongoing training

Job summary

Placements24 is recruiting an Underwriter for the personal lines department in Polokwane. The role focuses on assessing and pricing risks for homeowners, auto, and other personal policies to support growth in Limpopo.

The ideal candidate has strong analytical and decision-making abilities, excellent communication, and is familiar with SA regulatory requirements. Based in Polokwane, you will work in a dynamic insurance team and contribute to ongoing underwriting policy improvements.

Qualifications

• A relevant diploma or degree in Business, Finance, or a related field is preferred.
• Minimum of 3 years underwriting experience, preferably in personal lines.
• Solid understanding of insurance principles and risk assessment for personal lines.
• Knowledge of SA insurance market and regulatory environment.

Responsibilities

• Evaluate personal lines insurance applications (household, motor, travel).
• Assess risks based on guidelines, data analysis, and judgment.
• Determine premiums and terms for approved policies.
• Communicate with brokers, agents, and policyholders on status and decisions.
• Ensure compliance with regulatory requirements and underwriting standards.
• Maintain policy records and documentation.
• Contribute to development of underwriting policies and procedures.
• Participate in team meetings and training.

Skills

Analytical skills

Decision-making

Communication

Interpersonal skills

Time management

Education

Diploma/Degree in Business or Finance

Tools

Underwriting software

Office applications

Job description

About the Role

Our client, a rapidly growing insurance provider, is seeking a diligent and customer-focused Underwriter to join their personal lines department in Polokwane . This role is responsible for assessing and pricing insurance risks for individuals, including homeowners, auto, and other personal insurance policies. The ideal candidate will possess strong analytical skills, excellent judgment, and a commitment to providing fair and accurate underwriting decisions. This is a fantastic opportunity to contribute to the expansion of our client's services in the Limpopo region, based in Polokwane, Limpopo .

Key Responsibilities

• Evaluate insurance applications for personal lines products (e.g., Household, Motor, Travel).
• Assess risks based on established underwriting guidelines, data analysis, and judgment.
• Determine appropriate premium rates and terms for approved policies.
• Communicate effectively with brokers, agents, and policyholders regarding application status and decisions.
• Ensure compliance with all regulatory requirements and company underwriting standards.
• Identify potential risks and recommend appropriate mitigation strategies or policy conditions.
• Maintain accurate policy records and documentation.
• Contribute to the development and refinement of underwriting policies and procedures.
• Participate in team meetings and training sessions to enhance knowledge and skills.

Requirements

• A relevant diploma or degree in Business, Finance, or a related field is preferred.
• A minimum of 3 years of experience in underwriting, preferably within personal lines insurance.
• Solid understanding of insurance principles and risk assessment for personal lines products.
• Strong analytical and decision‑making skills.
• Excellent communication and interpersonal abilities.
• Proficiency in using underwriting software and standard office applications.
• Ability to manage a workload efficiently and meet deadlines.
• Customer‑centric attitude and commitment to service excellence.
• Knowledge of the South African insurance market and regulatory environment.
• Based in or willing to relocate to Polokwane .

Benefits

• Competitive salary package based on experience.
• Performance‑based incentives and bonuses.
• Comprehensive medical aid and retirement fund.
• Generous annual leave and paid public holidays.
• Opportunities for career advancement within a growing company.
• A supportive and dynamic work environment in Polokwane .
• Ongoing training and professional development.