Assistant Underwriter Manager

6 days ago


Pietermaritzburg, South Africa Insphired Recruitment Solutions Full time

Our Client who is an insurance company based in Pietermaritzburg, KwaZulu Natal is currently looking for an experienced **Assistant Underwriter Manager** to join their team.

**Responsibilities**:

- Assist the Underwriting Manager and oversee all underwriting activities, act in this role if the manager is absent.
- Develop, implement, and manage appropriate underwriting rules and rating structures.
- Provide support and approval for team members and for standard underwriting projects.
- Provide service and solutions to brokers and broker consultants to ensure business retention and profitable growth.
- Provide accurate and relevant risk reporting to relevant stakeholders.
- Direct the underwriting activities, while supporting the risk management activities.
- Assess underwriting risks and determine rates based on these risks.
- Identify underwriting trends and address proactively.
- Peruse surveys and provide input where needed.
- Actively participate in the team environment and work closely with the team leaders and management team.

**Requirements**:

- Bachelor’s Degree (in the fields of either Business Administration, Commerce, Finance, Law, or Accounting).
- FAIS Regulatory Examination (RE1 and RE5).
- Full qualification in short-term insurance advantageous.
- Registered with FSCA as a representative and Key Individual.
- Adherence to the FSCA Fit and Proper requirements.
- Minimum of 5 years’ experience in single risk property underwriting.
- Minimum 2 years’ experience leading and motivating a team.
- Technical knowledge of risk mitigation practices and structures relating to single risk property underwriting.
- Experience with reinsurance and co-insurance.

**Salary**:

- R50 000 - R70 000 per month

**Salary**: R50,000.00 - R70,000.00 per month

Ability to commute/relocate:

- Pietermaritzburg, KwaZulu-Natal: Reliably commute or planning to relocate before starting work (required)


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