Job Description
Location: Johannesburg, Midrand
Job Type: Full-time
Reports To: Commercial Underwriting Manager
Summary:
We are looking for a Senior Technical Commercial Underwriter to join our client’s team and be responsible for assessing the risk and determining the pricing of commercial insurance policies. The ideal candidate will have extensive experience in underwriting complex commercial risks and have strong technical knowledge of insurance products and policies.
Key Responsibilities:
– Evaluate and underwrite new business applications for commercial insurance policies
– Analyze and assess the risk associated with each application and determine appropriate pricing
– Manage a portfolio of commercial accounts by reviewing renewals, endorsements, and claims
– Provide technical guidance and support to junior underwriters and assistant underwriters
– Develop and maintain relationships with brokers, agents, and clients
– Stay up-to-date on industry trends, market conditions, and regulatory changes
– Assist in the development and implementation of underwriting guidelines and procedures
Qualifications:
– Bachelor’s degree in Finance, Business, Insurance or related field
– Minimum of 5 years of experience in commercial underwriting
– Strong technical underwriting skills and knowledge of commercial insurance products
– Excellent analytical and decision-making abilities
– Proficiency in Microsoft Office suite and underwriting software
– Excellent communication and interpersonal skills
– Strong attention to detail and ability to manage multiple tasks simultaneously
– Professional certifications such Class of Business is a plus
– RE5 Is a plus
If you meet the qualifications and are looking to further your career in commercial underwriting, we encourage you to apply for this exciting opportunity. Send your CV to .za
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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