Underwriting Manager

Placements24; Randburg; On-site; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Executive bonus

Randburg-based role

Medical aid & retirement fund

Professional development

Dynamic work environment

Job summary

Placements24 is seeking an experienced Underwriting Manager for a leading insurer in Randburg. You will lead the underwriting team, shape strategy, and drive profitable portfolio growth through disciplined risk selection and pricing.

The role requires collaboration with sales, claims, and actuarial, ensuring regulatory compliance and strong governance. A senior leadership position with significant influence and office presence.

Qualifications

• Minimum 8 years in insurance underwriting with at least 3 years in a management or supervisory capacity.
• Proven expertise in risk assessment, pricing, and portfolio management across lines of business.
• Strong leadership, strategic thinking, and decision‑making abilities.
• Excellent understanding of insurance markets, products, and regulatory environments.

Responsibilities

• Lead, mentor, and develop the underwriting team to achieve targets and maintain high standards.
• Develop and implement underwriting strategies, policies, and guidelines for profitable risk selection and pricing.
• Monitor market trends, competitor activities, and emerging risks to inform decisions.
• Oversee review and approval of complex or high‑value risks, ensuring guideline adherence.
• Collaborate with sales, claims, and actuarial teams to align underwriting with business goals.
• Ensure compliance with regulatory requirements and internal controls on underwriting operations.

Skills

Leadership

Strategic thinking

Risk assessment

Pricing

Portfolio management

Decision making

Regulatory understanding

ACII/CPCU (preferred)

Education

ACII/CPCU (preferred)

Job description

About the Role

Our client, a leading insurer based in the bustling financial district of Randburg , seeks an experienced and strategic Underwriting Manager . This senior role is responsible for leading the underwriting team, setting underwriting strategy, and ensuring the profitable growth of the company's insurance portfolio. You will play a critical role in risk selection, pricing, and developing underwriting guidelines that align with market conditions and company objectives. This is a challenging leadership position for an expert in underwriting, offering significant influence and career development within the competitive Gauteng insurance landscape. The role requires a strong presence in the office to foster team collaboration and strategic oversight.

Key Responsibilities

• Lead, mentor, and develop the underwriting team to achieve performance targets and maintain high standards.


• Develop and implement underwriting strategies, policies, and guidelines to ensure profitable risk selection and pricing.


• Monitor market trends, competitor activities, and emerging risks to inform underwriting decisions.


• Oversee the review and approval of complex or high-value risks, ensuring adherence to guidelines.


• Collaborate with sales, claims, and actuarial departments to align underwriting strategy with overall business goals.


• Ensure compliance with all regulatory requirements and internal controls related to underwriting operations.

Requirements

• Minimum of 8 years of experience in insurance underwriting , with at least 3 years in a management or supervisory capacity.


• Proven expertise in risk assessment, pricing, and portfolio management across various insurance lines.


• Strong leadership, strategic thinking, and decision-making skills.


• Excellent understanding of insurance markets, products, and regulatory environments.


• Strong analytical and problem-solving abilities.


• Relevant professional qualifications (e.g., ACII, CPCU) are highly preferred.

Benefits

• Highly competitive salary and executive bonus potential.


• Significant role impacting company strategy in Randburg .


• Comprehensive benefits package including medical aid, life cover, and retirement fund.


• Opportunities for professional development and industry engagement.


• A professional and dynamic work environment within a leading financial services group.