Senior Underwriter

3 months ago


Johannesburg, South Africa AIG Full time

**What you need to know**:
Identify and underwrite profitable liability accounts within underwriting authority, limits and guideline as outline by the Chief Underwriting Officer.
Maintain and grow relationships with brokers under PCM direction.
Manage assigned accounts, ensuring efficient document workflow in line with operational procedures.
Principle duties and responsibilities
Assist with the development of products, pricing, underwriting and risk segmentation strategies.
Ensure renewal review process is completed within Standard Operating Procedures requirements to assist profitability and growth targets.
Ensure compliance with data integrity requirements, underwriting guidelines, authorities, and company retention limits, through risk assessment process,
Decide on financial transactions within authorities - discounts, rates, accepting business, declining to quote on business, declarations, endorsements, pro-rata endorsements and invoicing.
Ensure all relevant supporting documentation (Placement Slips, Policy Wordings, endorsements, etc) are issued in line with policy requirements and standard operating procedures.
Maintain, create and ensure sign off with relevant internal stakeholders on all policy wordings as required.
Investigation and resolution of internal and external account queries.
Ensure adherence to our Appetite guidelines as defined by GARB
Develop budgets and strategies for premium growth, loss containment, profitability and retention and all other areas of underwriting responsibility.
Participate in client/broker meetings
Give presentations, trainings and take care of internal and external networking
Job requirements
Minimum of 5 years working experience in casualty underwriting.
Understanding of various premium and program structures within the insurance sector
NQF level 5 or 6
RE5
**Core Competencies Requirements**:
Accountability
Budgeting
Business Acumen
Business Development
Career Development
AIG product knowledge/function
Competitive Analysis
Conducting Presentations
Decision making
Insurance industry knowledge
Insurance industry regulations / codes
Relationship building
Strategic Planning
AIG-LI
Reimagining insurance to make a bigger difference to the world
American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.
Welcome to a culture of belonging
We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.
AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.
**Functional Area**:
UW - Underwriting
**Estimated Travel Percentage (%)**: No Travel
**Relocation Provided**: No
AIG South Africa


  • Senior Underwriter

    6 months ago


    Johannesburg, South Africa PPS Recruitment Full time

    **Job Advert Summary**: This role reports to the Executive Underwriter. The Senior Life Underwriter is responsible for underwriting life, disability, critical illness, sickness and permanent incapacity cover within agreed underwriting authority limits. The incumbent will deal with technical and complex underwriting queries and/or complaints providing an...

  • Senior Underwriter

    1 month ago


    Johannesburg, South Africa PPS Recruitment Full time

    **Job Advert Summary**: This role reports to the Executive Underwriter. The Senior Life Underwriter is responsible for underwriting life, disability, critical illness, sickness and permanent incapacity cover within agreed underwriting authority limits. The incumbent will deal with technical and complex underwriting queries and/or complaints providing an...

  • Underwriter

    3 months ago


    Johannesburg, South Africa FirstRand Full time

    Job Description Dear Future, Underwriter The role requires you to provide an effective and efficient service to clients by obtaining the correct medical and setting of underwriting requirements telephonically, that need to be referred to a Senior Underwriter for sign-off. Facilitation of such requirements related to new and existing business Are you...

  • Underwriter

    1 month ago


    Johannesburg, South Africa FirstRand Full time

    Job Description Dear Future, Underwriter The role requires you to provide an effective and efficient service to clients by obtaining the correct medical and setting of underwriting requirements telephonically, that need to be referred to a Senior Underwriter for sign-off. Facilitation of such requirements related to new and existing business. Are you...


  • Johannesburg, South Africa PPS Recruitment Full time

    **Job Advert Summary**: This role reports to the Executive Underwriter. The Liaison Underwriter is responsible for underwriting life, disability, critical illness, sickness and permanent incapacity cover within agreed underwriting authority limits. This role is crucial in building strong rapport with brokers to stay competitive in the dynamic market we...


  • Johannesburg, Gauteng, South Africa Energy at Work Projects Full time

    Overview of Energy at Work ProjectsWe are a leading insurance company that is shaping the future of commercial underwriting. Our client, Energy at Work Projects, is a trailblazer in the industry, fostering a culture of innovation, collaboration, and unparalleled expertise.The team lead will work closely with senior leadership to develop and implement...


  • Johannesburg, Gauteng, South Africa CallForce Full time

    Job OverviewWe are seeking a highly skilled and experienced Senior Insurance Commercial Underwriter to join our team at CallForce in Auckland Park, Johannesburg.Job SummaryThis is a unique opportunity for a results-driven professional to leverage their expertise in commercial insurance underwriting to drive business growth and excellence. As a Senior...


  • Johannesburg, South Africa PPS Recruitment Full time

    **Job Advert Summary**: We are currently seeking a highly qualified individual for a senior position reporting directly to the COO. If you possess extensive experience in analyzing insurance risk, underwriting, and life insurance products, and demonstrate a self-driven attitude, this role could be an excellent fit for you. **Minimum...


  • Johannesburg, South Africa FirstRand Full time

    Job Description To provide leadership, support, training, guidance and development to the medical underwriting team to ensure that the team complies with goals, objectives and standards of the organisation in order to meet customer satisfaction, deadlines and manage the risk of the organisation. Hello Future Underwriting Specialist Welcome to FNB, the...


  • Johannesburg, South Africa Allianz Commercial Full time

    **Let’s care for tomorrow.** **Your ambitions. Your dreams. Your tomorrow** Whether it’s aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses. We are looking for a Senior Underwriter to join our Liability team, based in...


  • Johannesburg, South Africa Sanlam Full time

    **What will you do?** - A Senior Underwriter will have the experience to carefully select, analyse and underwrite risks, in a cost-effective manner and in accordance with company requirements, guidelines and governance, to ensure good risk selection and profitability and ensure business targets are met.- They will support the leadership team with the...


  • Johannesburg, South Africa PPS Recruitment Full time

    **Job Advert Summary**: This role reports to the Executive Underwriter. The Senior Life Underwriter is responsible for underwriting life, disability, critical illness, sickness and permanent incapacity cover within agreed underwriting authority limits. The incumbent will deal with technical and complex underwriting queries and/or complaints providing an...


  • Johannesburg, Gauteng, South Africa ATripleA Recruitment and Temps Full time

    **Job Title:** Product Underwriter StrategistWe are currently seeking a skilled Product Underwriter Strategist to join our team at ATripleA Recruitment and Temps. The successful candidate will be responsible for overseeing product underwriting across various lines, ensuring profitability and adherence to risk appetite.Key Responsibilities:Manage underwriting...


  • Johannesburg, South Africa Munich Re Full time

    Senior Facultative UnderwriterCareer Level 4 **Company** Munich Re **Location** Johannesburg, South Africa **YOUR BUSINESS UNIT** The Facultative Team is responsible for underwriting and ensuring the profitability of the single-risk facultative reinsurance portfolio for Property, Engineering, and Casualty risks in South Africa and Sub-Saharan...


  • Johannesburg, South Africa Mirror Images Full time

    Gauteng, JHB - Northern Suburbs - R 45 000 Cost To Company (Plus Life cover and Provident Fund) **An Insurance company based in Rivonia/Sandton is currently seeking a Commercial Underwriter to ensure the delivery of customer service excellence, within the ambit of the FSB Regulations and Underwriting Guidelines, the effective and efficient execution of...


  • Johannesburg, South Africa Believe Resourcing Full time

    **About our Client**: Join the ranks of the world's leading reinsurance company! With over 40,000 employees across numerous global locations, our client has been a pillar of the insurance industry in South Africa for over 50 years. They are at the forefront of transforming how insurance is perceived, converting uncertainty into manageable risk and driving...


  • Johannesburg, South Africa Momentum Metropolitan Holdings Limited Full time

    Job title : Senior Underwriter: General Liability Job Location : Gauteng, Johannesburg Deadline : January 04, 2025 Quick Recommended Links Jobs by Location Job by industries Requirements Bachelor degree and/or equivalent NQF Level 7 qualification in general insurance FAIS Compliant Successfully completed the RE 5 Examination Level 1 ...


  • Johannesburg, South Africa ATripleA Recruitment and Temps Full time

    Job Description: Our client, a leading commercial risk specialist in Southern Africa, is dedicated to proactive risk management and superior customer service. Reporting to the Chief Underwriting Officer, this role oversees product underwriting across various lines and ensures profitability and adherence to risk appetite. Key Tasks and...


  • Johannesburg, South Africa PPS Recruitment Full time

    **Job Advert Summary**: This role reports into the Head: Research and Development and Group TCF, within the Life Solutions structure. The incumbent will be required to optimise underwriting effectiveness and competitiveness through the design of the underwriting rules engine (URE), the effective integration of these rules in the end-to-end digital and paper...


  • Johannesburg, Gauteng, South Africa ATripleA Recruitment and Temps Full time

    **Job Title: Head of Product Underwriting**At ATripleA Recruitment and Temps, we are looking for a seasoned professional to oversee product underwriting across various lines and ensure profitability and adherence to risk appetite.Key Responsibilities:Manage underwriting quality and product adherence to achieve profitability targets.Identify growth...