Senior Reinsurance Underwriter

4 weeks ago


Cape Town, Western Cape, South Africa Santam Full time

Santam, a leading insurance company, is seeking an experienced Senior Reinsurance Underwriter to join their team in Tygerpark, Bellville.

The ideal candidate will have a Master's degree with a significant numerate component and at least 10 years of experience in P&C Reinsurance. They should also possess strong leadership capabilities, excellent communication skills, and analytical ability.

The role involves overseeing and managing all underwriting non-pricing related activities within a cluster, including adherence to underwriting guidelines, establishing best practices in treaty wordings, and training junior staff on underwriting aspects.

The Senior Underwriter will report into the Chief Pricing Actuary and be responsible for:

  • Managing a treaty book from an underwriting perspective within a cluster
  • Understanding and interpreting output from pricing models and performing pricing on larger treaties using Santam Re pricing tools
  • Reviewing contract wordings in line with underwriting guidelines
  • Reviewing endorsements and special acceptances
  • Claims review and approval
  • Capturing of underwriting information on I-Re
  • Ensuring completeness and accuracy of all underwriting admin

The estimated salary for this position is R1,200,000 per annum, considering the location and industry standards.



  • Cape Town, Western Cape, South Africa Santam Full time

    Are you a motivated and analytical professional seeking a challenging role in reinsurance pricing? Santam, a leading insurance company, is looking for a Senior Pricing Actuary to join their team in Tygerpark, Bellville. This exciting opportunity is available within Santam RE: Underwriting.The successful candidate will play a key role in the management of...


  • Cape Town, Western Cape, South Africa Santam Insurance Full time

    Job Title: Senior Financial AccountantSenior Financial Accountants are required to manage the financial aspects of outwards reinsurance. This role involves executing all financial tasks, including accounting for reinsurance transactions and preparing financial reports.About the RoleA position for a Senior Financial Accountant exists at Santam Re &...


  • Cape Town, Western Cape, South Africa Gen Re Full time

    Gen Re is a global reinsurance company with a strong presence in the life and health insurance industry. We are seeking an experienced Actuarial Leader to join our team in South Africa.Company OverviewAs a subsidiary of Berkshire Hathaway, Gen Re has a long history of providing innovative solutions to the reinsurance industry. With over 2,000 employees...


  • Cape Town, Western Cape, South Africa Santam Insurance Full time

    Job Title: Territorial Lead SpecialistWe are seeking a highly skilled and experienced Territorial Lead Specialist to join our team at Santam Insurance.About the Role:This role is responsible for driving profitable growth of Santam Re in the chosen territory through reinsurance underwriting, including treaty and facultative reinsurance within defined...


  • Cape Town, Western Cape, South Africa Hire Resolve Full time

    Hire Resolve is seeking a highly skilled and experienced Strategic Underwriting Consultant to join their team. This role offers an exciting opportunity for professionals looking to excel in the field of underwriting and risk assessment.Job OverviewThe Senior Underwriter will be responsible for evaluating and assessing insurance applications, determining the...


  • Cape Town, Western Cape, South Africa Santam Insurance Full time

    We are seeking an experienced Senior Accounting Lead to join our team at Santam Insurance in Cape Town.About the Role:As a Senior Accounting Lead, you will be responsible for managing technical accounting functions and providing expert guidance on complex reinsurance accounting issues.You will establish and maintain effective working relationships with...

  • Senior Data Analyst

    4 weeks ago


    Cape Town, Western Cape, South Africa Gen Re Full time

    Gen Re, a subsidiary of Berkshire Hathaway, is a leading global reinsurance company. We are committed to delivering innovative reinsurance solutions to the Life/Health and Property/Casualty insurance industries.About the RoleWe are seeking an experienced Premiums and Claims Administrator to join our Life Australia, UK, SA, Canada division. This is a 12-month...


  • Cape Town, Western Cape, South Africa Hire Resolve Full time

    Job SummaryAt Hire Resolve, we are seeking an experienced Risk Management Expert - Insurance Underwriter to join our team. This is a challenging and rewarding career opportunity that requires strong analytical skills, attention to detail, and excellent communication abilities.As a Senior Underwriter, you will be responsible for evaluating and assessing...


  • Cape Town, Western Cape, South Africa Santam Insurance Full time

    We are seeking a highly skilled Senior Data Architect to join our team at Santam Insurance.Job SummaryThis is an exciting opportunity for a motivated and experienced data professional to design, build, and maintain large-scale data architectures in support of underwriting analytics and machine learning initiatives.Key Responsibilities:Design and develop...


  • Cape Town, Western Cape, South Africa Gen Re Full time

    Gen Re, a leading reinsurance company, is seeking an experienced actuary to lead our South Africa operations as Senior Actuarial Manager.About the RoleThe ideal candidate will have at least 5 years of post-qualification experience in life insurance or reinsurance roles, with expertise in actuarial modeling, reserving, and financial reporting. The successful...


  • Cape Town, Western Cape, South Africa Somewhere Full time

    Are you a skilled finance professional looking for a new challenge? We are seeking an experienced Senior Corporate Finance Specialist to join our team at Somewhere, a commercial loan brokerage specializing in SBA financing.Compensation: USD 2,750 - 3,500 per month (final offer based on skills and experience)About the RoleWe are looking for a highly motivated...


  • Cape Town, Western Cape, South Africa The Recruitment Council Full time

    The Recruitment Council is seeking a Senior Commercial Risk Manager to join its dynamic team in the hospitality sector. Key Responsibilities:Underwrite applications for a personal lines-based product that includes some commercial elements, specifically public liability and business interruption.Evaluate risks associated with the product offerings.Collaborate...


  • Cape Town, Western Cape, South Africa The Legends Agency Full time

    Job SummaryWe are seeking a skilled Senior Financial Services Coordinator to join our team at The Legends Agency. As an Underwriting Assistant, you will play a crucial role in managing the collation of applications for funding and compiling supporting documentation for review by the underwriting team.About UsOur client is a fast-growing fintech lending...


  • Cape Town, Western Cape, South Africa JenRec Recruitment Full time

    About the Role:As a Senior Risk Management Specialist, you will be responsible for underwriting a range of products including personal lines, commercial lines, engineering, liability, and transport.The ideal candidate will leverage their technical risk knowledge to maintain high service standards while providing exceptional client service with a proactive...


  • Cape Town, Western Cape, South Africa Quest Staffing Solutions Full time

    Job Title: Senior Insurance Operations CoordinatorWe are seeking a highly skilled Senior Insurance Operations Coordinator to join our team at Quest Staffing Solutions.About the Role:This is an exciting opportunity for a motivated and results-driven professional to work in the field of short-term insurance operations.Key Responsibilities:Provide exceptional...


  • Cape Town, Western Cape, South Africa The Legends Agency Full time

    About The Legends AgencyWe are a fast-growing fintech lending to small and medium-sized businesses in the UK.Salary & BenefitsThe successful candidate will be remunerated between R20k - R30k per month, depending on experience. This is a competitive salary for a Junior Underwriter role in Cape Town.Job DescriptionWe are looking for a skilled Junior...


  • Cape Town, Western Cape, South Africa The Recruitment Council Full time

    Role OverviewThe Recruitment Council seeks a highly skilled Commercial Underwriter to join their team.Key Responsibilities:Evaluate and assess applications for the hospitality book of business.Underwrite and manage a personal lines-based product with commercial elements, including public liability and business interruption.Collaborate with team members to...


  • Cape Town, Western Cape, South Africa Network Recruitment Full time

    Role SummaryNetwork Recruitment seeks a seasoned Actuary with a strategic mindset for pricing to join our team as a Senior Pricing Actuary.Key Responsibilities:Design and refine pricing models to elevate short-term insurance products.Analyze data trends to craft competitive pricing strategies.Partner with underwriting and risk teams to enhance product...


  • Cape Town, Western Cape, South Africa Network Recruitment Full time

    Are you a seasoned Actuary with a strategic mindset for pricing short-term insurance products? We are seeking a Senior Actuarial Specialist to take a lead role in shaping cutting-edge pricing frameworks. Key Responsibilities: Design and refine pricing models to elevate our short-term insurance products.Analyze data trends to craft competitive pricing...


  • Cape Town, Western Cape, South Africa The Legends Agency Full time

    About The Legends AgencyWe are a dynamic fintech lending company based in the UK, specializing in legal cases. Our team is dedicated to delivering innovative solutions and exceptional service.Job OverviewWe are seeking an experienced Underwriting Assistant to join our team. As an Underwriting Assistant, you will play a critical role in managing complex...