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Cape Town: Engineering Underwriter posted by The Key Recruitment Group

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Job Description

About the Role

The Key Recruitment Group is seeking an experienced Engineering Underwriter to join their Cape Town team. As an Engineering Underwriter, you will be responsible for underwriting new business within 12 hours of receiving quote requests, ensuring profitable growth while maintaining manageable risk levels. This role requires in-depth knowledge of engineering disciplines, construction processes, machinery, risk management, and insurance principles.

Key Responsibilities

  • Apply sound knowledge of engineering insurance policies
  • Manage and oversee the full underwriting process for each quote request
  • Evaluate proposers, assess risks, estimate probable claims costs, and determine quote terms
  • Process quotes on the policy management system
  • Handle facultative reinsurance and co-insurance placements
  • Support the claims department with technical knowledge
  • Maintain underwriting standards and manage daily priorities

Requirements

  • B.Sc Civil Engineering
  • Prepared to study toward a full FAIS qualification
  • Willing to complete the Regulatory Representatives exam
  • Engineering insurance knowledge advantageous
  • Minimum 2 years construction site experience
  • Bilingual
  • Proficient in Word, Excel, Outlook
  • Strong verbal and written communication skills
  • Excellent problem-solving abilities, including the ability to analyse and interpret large amounts of information
  • Willing to work late when required

Qualifications

(No qualifications mentioned in the original job description)

Salary & Benefits

Salary: Negotiable, based on experience and knowledge

How to Apply

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

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About Other Engineering Jobs in Western Cape

The Western Cape is home to a diverse range of industries, including the financial services sector, technology industry, manufacturing sector, and more. Generally, engineering roles in this region are in high demand due to the presence of various multinationals, such as Google and Microsoft. Typically, these roles involve designing, developing, and testing products or systems for various applications.

Salaries for other engineering positions in Western Cape can vary widely depending on factors such as experience, company size, and industry sector. Broadly speaking, salaries typically range from R400 000 to R1 million per annum. However, it’s essential to note that these figures are approximate and can fluctuate significantly based on individual circumstances. It’s also worth mentioning that senior roles or those in larger companies often command higher salaries.

Common skills required for other engineering positions include problem-solving abilities, attention to detail, communication skills, leadership potential, proficiency in CAD software, and knowledge of relevant technologies. Additionally, many employers place a high value on experience with design tools such as SolidWorks or Autodesk Inventor. Typically, engineers in this field are also expected to be adaptable, flexible, and able to work well under pressure.

In terms of industry sectors, other engineering roles can often be found in the financial services sector, technology industry, manufacturing sector, and infrastructure development. These industries value engineers who can design, develop, and implement innovative solutions that meet their needs. Other common employers include research institutions and government agencies. Generally speaking, these roles offer a range of career progression opportunities, including senior technical lead, project manager, or specialist in a specific field.

Career development is often seen as crucial for advancing in the field of other engineering. Typically, this involves ongoing education and training to stay up-to-date with industry developments and technologies. Many employers also provide opportunities for professional certification or mentorship schemes to support employee growth and development.

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



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