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Pietermaritzburg: Senior Underwriter (Short term insurance)

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Job Description

About the Role

A well-established insurance brokerage in Pietermaritzburg is seeking an experienced Senior Underwriter to join their team. The successful candidate will be responsible for evaluating and underwriting short-term insurance risks, ensuring compliance with underwriting guidelines and supporting brokers and clients with sound technical advice.

Key Responsibilities

  • Assess and underwrite new and existing business risks
  • Determine appropriate terms, conditions and pricing
  • Ensure compliance with underwriting guidelines and regulatory requirements
  • Provide technical underwriting support to brokers and internal teams
  • Manage renewals, endorsements and policy amendments
  • Monitor portfolio performance and identify risk trends
  • Maintain strong relationships with brokers, insurers and clients
  • Assist with complex or high-value underwriting cases
  • Prepare reports and provide insights to management
  • Support and guide junior underwriting staff where required

Requirements

  • Minimum 5 years’ experience in short-term insurance underwriting
  • Strong knowledge of commercial and/or domestic underwriting
  • Relevant insurance qualification (advantageous)
  • FAIS compliant (or working towards)

Qualifications

  • Formal education/certifications not specified.

Salary & Benefits

  • Not mentioned in the original job description.

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Accounting / Finance Jobs in Msunduzi

In the accounting and finance sector of Msunduzi, South Africa, the job market is generally stable with a steady demand for skilled professionals. This is often driven by the growth of various industries such as financial services, technology, and manufacturing, which require robust financial management and planning systems. As a result, individuals with strong accounting and finance skills are in high demand.

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Typically, salaries for accounting and finance roles in Msunduzi fall within broad ranges, such as R400 000 to R600 000 per annum, depending on factors like experience, company size, and industry sector. It’s essential to note that actual salaries can vary significantly due to these factors, and it’s crucial to research the specific market requirements for your desired role. Additionally, bonuses, benefits, and other perks may also impact the total remuneration package.

Common skills required for accounting and finance roles include proficiency in financial software such as SAP or Oracle, strong analytical and problem-solving skills, attention to detail, effective communication, project management skills, and knowledge of tax laws and regulations. Generally, having a degree in accounting or finance is essential, but relevant experience and certifications can also be beneficial.

Various industries commonly employ accounting and finance professionals, including the financial services sector, technology industry, manufacturing sector, and public sector organisations. These roles often involve managing financial planning, budgeting, forecasting, and reporting for businesses or government entities.

In terms of career development, individuals in accounting and finance often progress to senior roles such as manager or director, where they oversee teams, develop business strategies, and drive revenue growth. Opportunities for advancement may also arise through specialisation in areas like audit, taxation, or financial planning. Furthermore, professional certifications like the Certified Public Accountant (CPA) designation can enhance career prospects and provide a competitive edge in the job market.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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