Underwriting Manager - Personal Lines Insurance

Placements24; Rustenburg; Híbrido; ZAR 1.200.000 - 1.800.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Remote-first model

Bonuses/Performance incentives

Medical aid & retirement benefits

Descripción de la vacante

Placements24 is seeking an experienced Underwriting Manager to lead the personal lines division in a remote-first role with occasional travel within the North West region. You will oversee underwriting operations, shape strategies, manage risk, and mentor a team of underwriters to align with growth objectives and risk appetite.

The ideal candidate has a strong background in personal lines products, robust analytical and leadership abilities, and a proven track record of driving profitability

Formación

• Bachelor's degree in Insurance, Finance, or related field.
• 8+ years in insurance underwriting, with 3+ in management.
• Strong knowledge of personal lines products (household, motor, travel).
• Strong analytical, risk assessment, and decision-making skills.
• Experience leading remote teams and using underwriting software.

Responsabilidades

• Develop and manage underwriting strategies for personal lines.
• Oversee daily underwriting team operations and risk assessments.
• Monitor profitability and KPIs; take corrective actions.
• Approve/reject applications within delegated authority.
• Collaborate with product teams to refine offerings.
• Ensure regulatory compliance and company policies.
• Mentor and develop underwriters; drive continuous improvement.
• Analyse market trends to stay competitive in North West.

Conocimientos

Underwriting principles

Analytical skills

Leadership

Team management

Educación

Bachelor's degree in Insurance, Finance, Business Administration, or related field

Herramientas

Underwriting software

Data analysis tools

Descripción del empleo

About the Role

Our client, a reputable and expanding insurance firm, is actively seeking an experienced and strategic Underwriting Manager to lead their personal lines division. This crucial position, based remotely with occasional travel, will be responsible for overseeing the underwriting operations, ensuring profitability, managing risk, and developing underwriting strategies for personal insurance products. The ideal candidate will possess extensive knowledge of underwriting principles, a strong analytical acumen, and a proven ability to lead and mentor a team of underwriters. You will play a key role in shaping the underwriting philosophy and practices to align with the company's growth objectives and risk appetite. This is a significant opportunity to take on a leadership role and drive impactful change within the North West region's insurance sector, operating with the flexibility of a remote-first model. You will be instrumental in maintaining the high standards of risk assessment and policy issuance that our client is known for.

Key Responsibilities

• Develop, implement, and manage effective underwriting strategies and guidelines for personal lines insurance products.
• Oversee the day-to-day operations of the underwriting team, ensuring efficient and accurate assessment of risks.
• Monitor underwriting performance, profitability, and key performance indicators, taking corrective action as needed.
• Approve or reject insurance applications within delegated authority levels and provide guidance on complex cases.
• Collaborate with product development teams to design and refine new personal lines insurance offerings.
• Ensure compliance with all relevant insurance regulations and company policies.
• Mentor, train, and develop a team of skilled underwriters, fostering a culture of continuous improvement and professional growth.
• Analyse market trends and competitor strategies to inform underwriting decisions and maintain a competitive edge in Rustenburg and beyond.

Requirements

• A Bachelor's degree in Insurance, Finance, Business Administration, or a related field.
• A minimum of 8 years of progressive experience in insurance underwriting, with at least 3 years in a management or supervisory role.
• Comprehensive understanding of personal lines insurance products (e.g., household, motor, travel).
• Strong analytical, risk assessment, and decision-making skills.
• Proven leadership and team management capabilities.
• Excellent communication, negotiation, and problem-solving abilities.
• Familiarity with underwriting software and data analysis tools.
• The ability to work autonomously and effectively manage a remote team.

Benefits

• A highly competitive salary package and performance-based bonuses.
• Comprehensive benefits including medical aid, retirement fund, and life insurance.
• Significant opportunities for career advancement and professional development.
• The flexibility and autonomy of a fully remote position.
• Chance to lead and shape the underwriting direction for a key player in the North West insurance market.
• Access to advanced underwriting technologies and resources.