Job Description
About the Role
Merand Corbett & Associates is seeking an experienced HCV Underwriter to join our team. As a key member of our underwriting team, you will be responsible for underwriting Heavy Commercial Vehicle (HCV) risks in line with company policies. You will have 7 years of experience as an HCV Underwriter, and hold the required RE5 qualification with full FAIS credits.
Key Responsibilities
- Underwrite Heavy Commercial Vehicle (HCV) risks in line with company policies
- Assess new business, renewals, endorsements, and mid-term adjustments
- Analyse risk profiles including vehicle type, usage, routes, driver history, and claims experience
- Determine appropriate premiums, terms, conditions, and excesses
- Provide underwriting support and guidance to brokers and internal stakeholders
- Ensure compliance with FAIS, FICA, and internal underwriting standards
- Maintain accurate underwriting and policy documentation
- Contribute to portfolio management and profitability
Requirements
- RE5 qualification with full FAIS credits
- Minimum 7 years’ experience as an HCV Underwriter
- Strong short-term insurance underwriting experience
- Fluent in Afrikaans and English
- Strong analytical, decision-making, and communication skills
- Ability to work independently and under pressure
Qualifications
- Completed RE5 qualification with full FAIS credits (Note: This is a requirement, not an educational background)
***ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED***
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Finance/Accounting Jobs in Gauteng
The finance and accounting sector is a significant contributor to the economy of Gauteng, South Africa, providing numerous opportunities for professionals looking to advance their careers. With major financial institutions, banks, and multinational corporations based in the province, there is a high demand for skilled finance and accounting professionals.
Salary ranges in Gauteng are generally in line with national averages, but can vary depending on factors such as industry, company size, and level of experience. According to recent job postings, average salary ranges for finance and accounting positions in Gauteng include:
R250 000 – R350 000 per annum for junior finance professionals
R400 000 – R600 000 per annum for experienced accountants
R700 000 – R1 200 000 per annum for senior finance managers
Key skills required for success in the finance and accounting sector in Gauteng include:
Financial planning and analysis
Accounting standards and compliance (e.g. IFRS)
Data analytics and reporting
Communication and interpersonal skills
Budgeting and forecasting
Risk management
Business acumen and strategic thinking
Major employers in the finance and accounting sector in Gauteng include:
Standard Bank, one of South Africa’s largest banks, with its headquarters located in Sandton, Johannesburg.
Multinational corporations such as IBM, which has a significant presence in the province, and Unilever, a leading consumer goods company.
The Johannesburg Stock Exchange (JSE), which is also based in the province and provides opportunities for finance professionals to work in investment banking and stockbroking.
Career growth opportunities are available in the finance and accounting sector in Gauteng, with many companies investing in training and development programs to support their employees’ career progression. Senior finance managers can move into executive roles, while experienced accountants can take on leadership positions or start their own businesses. Additionally, the JSE offers a range of training programs and certifications for finance professionals, such as the Certified Financial Analyst (CFA) program.
Overall, the finance and accounting sector in Gauteng presents numerous opportunities for career advancement and professional growth, with a high demand for skilled professionals and competitive salary ranges.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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