Job Description
About the Role
Our client in the Financial Services Industry is seeking an Underwriting Executive to join their team. The successful candidate will be responsible for managing complex risk placement, liaising with internal and external stakeholders as required, and providing strategic guidance to the team in line with corporate vision and organisational goals.
Key Responsibilities
- High-Level Operational Oversight and Complex Risk Management.
- Provide strategic guidance to the team in line with corporate vision and organisational goals, effectively communicating their implications.
- Focus primarily on managing complex risk placement, liaising with internal and external stakeholders as required.
- Evaluate and report on the unit’s performance to the COO, setting realistic goals and managing capacity.
- Oversee adherence to compliance standards and work towards optimising processes to ensure the quality of service.
- Engage in strategic projects and operational improvements to enhance underwriting practices.
- Uphold and maintain quality standards that promote client satisfaction and cost efficiency.
Requirements
- A minimum of five (5) years’ working experience within the Insurance industry.
- A minimum of three (3) years’ experience in an underwriting management position.
- Proven experience in people management.
- Prior experience in managing underwriter performance, growth, and sustainability.
- Experience operating at a managerial level in the short-term insurance industry is a must.
- Proven track record of conducting high-level negotiations.
Qualifications
- Completion of the NQF Level 5 qualification.
- Successful completion of the RE 5 Examination Level 1.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Other Insurance Jobs in Gauteng
The Other Insurance (OI) industry is a significant sector in Gauteng, South Africa, offering a range of career opportunities for professionals with the right skills and experience. Typically, OI roles are in demand across various industries, including financial services, technology, and manufacturing, as companies seek to manage and mitigate risks associated with their operations.
Generally, OI specialists in Gauteng can expect salaries that vary widely depending on factors such as level of experience, company size, and industry sector. While broad salary ranges cannot be provided due to the variable nature of these factors, it is common for experienced OI professionals to earn between R600 000 and R1 200 000 per annum, while entry-level roles may start at around R300 000 to R500 000 per annum. However, salaries can fluctuate depending on individual circumstances.
Common skills required for OI roles in Gauteng include expertise in financial management, risk analysis, data interpretation, communication, and project management. Other essential skills often include proficiency in insurance software, analytical thinking, problem-solving, and the ability to work under pressure. Many OI professionals also hold relevant certifications or degrees in fields such as actuarial science, business administration, or economics.
The financial services sector is a significant employer of OI professionals in Gauteng, with other industries such as technology and manufacturing also commonly hiring for these roles. Other sectors that may employ OI specialists include healthcare, construction, and logistics. In terms of career development, many OI professionals in Gauteng progress to senior roles within their current organisations or move into related fields such as risk management, auditing, or claims handling.
For those seeking a career in OI, it is essential to develop a broad range of skills and experience, often through formal education and training. Many OI professionals in Gauteng have pursued certifications such as the Fellow of the Institute of Actuaries (FIA) or the Chartered Insurance Practitioner (CIP). Building strong relationships with clients, colleagues, and stakeholders is also crucial for success in this field.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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