Job Description
About the Role
Hire Resolve’s client is seeking an experienced Underwriter to join their team in Johannesburg, Gauteng. As a seasoned professional with Multi-Line experience, you will play a crucial role in managing complex risks and developing strategic partnerships within the Africa region. Your expertise will be instrumental in evaluating risk selection, ensuring compliance with underwriting guidelines, and fostering strong relationships with brokers to drive profitable business growth.
Key Responsibilities
- Champion partnerships and relationships in Africa.
- Coordinate complex risks with product experts.
- Follow underwriting mandates and company guidelines for profitability.
- Approve risk selection within product line boundaries.
- Develop relationships with brokers to drive renewals and sales.
- Re-underwrite renewals for organic growth and profitability.
- Maintain effective broker relationships to attract and retain business.
- Ensure compliance with underwriting processes and administrative tasks.
- Analyze data for risk selection and coverage approval.
- Recommend improvements for productivity and profitability.
- Decline unsuitable risks and document appropriately.
- Ensure timely issuance of policy transactions.
- Meet goals for new business within company guidelines.
- Service and re-underwrite renewal policies as needed.
- Provide timely and professional customer service.
- Maintain knowledge of underwriting principles.
- Participate in product development and process improvements.
- Train underwriting assistants for career development.
- Keep accurate records and ensure compliance with standards.
- Perform other necessary operational duties.
Requirements
- Specialist underwriting experience with at least five years in specific product lines.
- Strong product knowledge and understanding of industry segmentation and applicable risk exposures.
- Enquiring mind to gather additional information for effective risk assessment.
- Proficiency in underwriting procedures, insurance terminology, and rating principles.
- Advantageous experience in General Liability, Professional Indemnity, and Financial Lines.
- Strong influencing and relationship management skills.
- Ability to adapt to different country cultures.
- Willingness to travel internationally.
- Openness to developing new underwriting experience with new products.
- Business management and self-management skills.
- Good communication skills, including writing and presentation.
- Strong negotiation skills (internal and external).
- Analytical skills for interpreting data related to assigned risks.
- Solutions-driven approach.
- Well-presented and representative of the company’s image.
- Intermediate proficiency in MS Office (Word, Excel, PowerPoint, Outlook).
Salary & Benefits
Salary: Negotiable
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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