Underwriting Manager

Placements24; LegKraal Gate; On-site; ZAR 900,000 - 1,100,000; Full time

Benefits offered by this job

Relocation assistance

Performance bonuses

Health benefits

Job summary

Placements24 is seeking an experienced Underwriting Manager to lead the underwriting team in Mahikeng, North West. The role focuses on maintaining risk appetite, overseeing processes, and driving operational efficiency.

You will manage a team of underwriters, set performance standards, and collaborate with sales, claims and actuarial to support strategic objectives. This leadership position offers opportunities to influence pricing models and tools.

Qualifications

• Bachelor's degree in Business Administration or related field.
• ACII/FLMI qualifications are highly desirable.
• 7+ years in insurance underwriting with at least 3 years in supervision.

Responsibilities

• Lead and manage day-to-day operations of the underwriting department.
• Supervise, train, and mentor a team of underwriters.
• Develop, implement, and enforce underwriting policies and procedures.
• Ensure underwriting decisions align with risk appetite and regulatory requirements.
• Monitor performance metrics and drive improvements.
• Collaborate with sales, claims, and actuarial departments.
• Review and approve complex risks beyond standard authority.
• Contribute to pricing models and underwriting tools.
• Manage workload distribution and resources.

Skills

Leadership

Strategy

Communication

Analytical thinking

Regulatory knowledge

Education

Bachelor's in Business Administration

ACII

FLMI

Tools

Underwriting software

Job description

About the Role

Our client is seeking an experienced and results-oriented Underwriting Manager to lead their underwriting team in Mahikeng, North West . This role is critical for overseeing the underwriting process, ensuring risk appetite is maintained, and driving operational efficiency. You will be responsible for managing a team of underwriters, setting performance standards, and collaborating with other departments to achieve strategic business objectives. The ideal candidate possesses strong leadership skills, a deep understanding of underwriting principles across various insurance lines, and a proven ability to make sound risk-based decisions. This is an excellent opportunity for a seasoned professional to take on a leadership role within a reputable insurance company located in Mahikeng, North West .

Key Responsibilities

• Lead and manage the day-to-day operations of the underwriting department.
• Supervise, train, and mentor a team of underwriters, fostering their professional development.
• Develop, implement, and enforce underwriting policies, guidelines, and procedures.
• Ensure that all underwriting decisions are sound, adhere to risk appetite, and comply with regulatory requirements.
• Monitor underwriting performance metrics, identifying areas for improvement and implementing corrective actions.
• Collaborate with sales, claims, and actuarial departments to ensure alignment and effective risk management.
• Review and approve complex or high-value risks that fall outside standard underwriting authority.
• Contribute to the development and refinement of pricing models and underwriting tools.
• Manage workload distribution and resource allocation within the underwriting team.
• Stay abreast of industry trends, market conditions, and emerging risks.

Requirements

• Bachelor's degree in Business Administration, Finance, Risk Management, or a related field.
• Relevant professional qualifications (e.g., ACII, FLMI) are highly desirable.
• Minimum of 7 years of progressive experience in insurance underwriting, with at least 3 years in a supervisory or management capacity.
• In-depth knowledge of underwriting principles, practices, and regulatory frameworks across multiple insurance lines (e.g., property, casualty, life).
• Proven leadership and team management skills.
• Strong analytical, decision-making, and problem-solving abilities.
• Excellent communication, negotiation, and interpersonal skills.
• Proficiency in underwriting software and MS Office Suite.
• Ability to work effectively in a structured office environment in Mahikeng, North West .
• A commitment to ethical conduct and risk management excellence.

Benefits

• An annual salary of ZAR.
• Comprehensive health, dental, and retirement benefits.
• Opportunities for professional growth and advancement.
• Performance bonuses.
• A stable and supportive work environment.
• Relocation assistance may be available for qualified candidates.
• The chance to lead a key department in Mahikeng, North West .