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Senior Insurance UnderwriterPlacements24 • East London, Eastern Cape, ZA
Senior Insurance Underwriter

Senior Insurance Underwriter

Placements24 • East London, Eastern Cape, ZA
7 days ago
Job description

About the Role

Our client, a leading insurer, is seeking an experienced Senior Insurance Underwriter to join their team in East London. This role demands a deep understanding of risk assessment and pricing across various insurance lines. You will be responsible for evaluating complex risks, determining appropriate policy terms and premiums, and providing guidance to junior underwriters. Your expertise will be crucial in maintaining a profitable book of business and ensuring the company's competitive edge in the market. This is an opportunity to leverage your extensive underwriting knowledge in a key regional role, contributing to strategic growth and risk management.

Key Responsibilities

  • Underwrite complex and large-risk insurance applications, ensuring profitability and adherence to guidelines.
  • Analyze financial statements, loss history, and other relevant data to assess risk.
  • Develop and apply appropriate pricing models and policy structures.
  • Provide technical expertise and guidance to junior underwriters and other teams.
  • Build and maintain strong relationships with brokers and clients.
  • Stay abreast of market trends, regulatory changes, and emerging risks.

Requirements

  • Minimum of 7 years of experience in insurance underwriting, with a strong track record in commercial lines.
  • Advanced knowledge of underwriting principles, risk management, and insurance law.
  • Relevant professional qualifications (e.g., ACII, CIP) are highly desirable.
  • Exceptional analytical, decision-making, and negotiation skills.
  • Proven ability to mentor and develop junior team members.
  • Strong communication and relationship-building capabilities.

Benefits

  • Highly competitive salary with potential for significant performance-based bonuses.
  • Hybrid work model offering a flexible work environment.
  • Comprehensive health insurance and retirement benefits.
  • Professional development support, including further certifications and training.
  • A challenging and rewarding role within a well-established insurance organization.

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Senior Insurance Underwriter • East London, Eastern Cape, ZA

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