159 Underwriter jobs in South Africa

Univision Broker Services is seeking an Underwriter responsible for the accurate administration and underwriting of policies.

1. Issuing new business, underwriting, and updating policies.
2. Distributing requests for new business and amendments.
3. Analyzing data and assessing risks.
4. Issuing quotes according to insurer mandates.
5. Applying underwriting rules for each insurer.
6. Issuing or updating policies as requested.
7. Verifying transaction accuracy and communicating with brokers and assistants.
8. Sending confirmations and updates to insurers.
9. Sending cancellation letters to clients.

1. Attending monthly adjustment meetings.
2. Analyzing data and assessing risks.
3. Determining and applying additional underwriting where necessary.
4. Communicating adjustments to brokers and clients.
5. Maintaining thorough records.

1. Participating in renewal meetings.
2. Assessing risks and applying renewal terms.
3. Maintaining records.

1. Issuing credit/debit notes and requests for EFT.
2. Handling correspondence regarding premiums and policy cancellations.
3. Communicating with finance regarding payments.
4. Handling inquiries and performing ad hoc tasks.

EUM, part of the TWK Group, has the following vacancy available: Underwriter at Krugersdorp, Gauteng.

Job Summary
This role involves underwriting and renewing insurance policies, evaluating applications, and making informed decisions aligned with company strategy. The underwriter will support clients and brokers, ensure compliance with relevant regulations, maintain accurate documentation, and contribute to continuous process improvements through data analysis.


Responsibilities and Duties:

• Evaluate insurance applications and renewals
• Make informed underwriting decisions aligned with company strategy
• Prepare and maintain policy documentation in line with legal standards
• Support clients and brokers with underwriting queries and quotations
• Ensure compliance with industry regulations (FAIS, POPIA, etc.)
• Analyse underwriting data and contribute to process improvements

Qualification and Skills:

• Matric / Grade 12
• 2–3 years’ underwriting experience in insurance
• A relevant degree in Finance, Insurance or Business (advantageous)
• RE5 certification (advantageous)
• Proficient in MS Office suite
• Strong analytical and decision-making skills
• Excellent communication and interpersonal abilities
• Strong organisational skills with attention to detail
• Customer-focused with solid problem-solving ability
• Ability to work under pressure and meet deadlines

We have a position for a Short term Insurance Underwriter and Claims handler (Junior position) in Pretoria, the suitable candidate will hold RE5 and 5yrs experience with Short-term insurance.

Salary: R18 000 per months negotiable on qualifications and years experience.

Requirements:

• 5yrs experience as Underwriter – Short-term
• Experience as Claims handler in Short-term
• Matric (minimum) & RE5 completed
• Fully bilingual (Afrikaans & English)
• Work from office 08:00 – 17:00 (This is not and will not be a hybrid position)

Process and underwrite new business/re-advance applications, partner new and pre-approved applications.

Handle SME funding applications and EFT applications.

Conduct full credit assessments of applicants.

Complete credit and reference checks.

Achieve performance targets and maintain performance standards.

Meet internal SLAs stipulated per product.

Manage accuracy, completeness, and turnaround times for deals.

Prepare documentation for Risk and Decline Appeal meetings.

3 - 5 years of underwriting and analysis experience.

Credit risk and/or credit underwriting experience in the financial services sector.

Matric.

Advanced Certificates/Diploma in Business/Finance/Accounting.

Advanced Excel skills.

Able to work under pressure in a fast-paced environment.

Adapt well to change.

Experience applying credit risk to inform decision-making.

Exceptional organizational and analytical skills.

Able to achieve performance targets and maintain performance standards.

High-level understanding of credit risk underwriting.

Able to prioritize tasks effectively.

Able to make recommendations based on analysis of application data.

Able to follow SOPs and ensure consistent decision-making.

Able to summarize findings concisely and clearly.

Able to multitask and work under pressure.

By applying for this position, you consent in terms of the Protection of Personal Information Act (POPI Act) to your personal information being obtained, utilized, and stored by the Company through reference checks, credit checks, and trace reports.

Should you not hear from us within 7 days, please consider your application unsuccessful.

Reference: CPT -AL-1
Company in Gauteng looking for an experienced Heavy Commercial Vehicle Underwriter to underwrite Transportation policies.

Requirements:

• 5 – 7 years experience with Heavy Commercial Vehicle underwriting
• Experience in working with HCV & GIT related products
• Proven track record of underwriting experience e.g. assessing exposure and underwriting levels
• Very good communication skills (both written & verbal)
• NQF Level 4: Short-Term Commercial Lines 60 Credits
• Successfully completed the RE 5 Examination Level 1

Responsibilities:

• Underwriting of new and renewal business on Heavy Commercial Vehicle and Goods in Transit risks
• Ensuring that risks are written within the company’s risk appetite and complies within the reinsurance treaties and internal mandates
• Monitoring and taking corrective action on badly performing risks
• Maintain an acceptable loss ratio
• Maintain policy wording drafts and ensure that the product remains competitive with market offering
• Dealing with day to day queries and amendments to existing policies
• Providing brokers with advice
• Maintaining and building good customer relationships with brokers
• Conducting product training to brokers
• Provide input into building and designing various aspects of the products on a designated system
• Provide comparisons between the competitors’ products

Please ensure your CV is in WORD or PDF format, and not scanned . Scanned CVs will not be considered. If you do not receive feedback within 3 days, please accept your application as unsuccessful. We will keep your CV on our database and match to other suitable positions.

PLEASE NOTE: We use Placement Partner to track and manage applications and can only accept online applications. If you are unable to apply through the link provided, please upload your CV to our website here .

Monthly

• Facultative Reinsurance & Special Acceptances:
  
  • Evaluate and decide on referrals that fall outside the UMA mandate.
  • Arrange facultative reinsurance or special acceptances for risks above treaty limits.
  • Ensure that all placements align with company underwriting guidelines.
• Reinsurance Renewals:
  
  • Compile and circulate renewal packs in partnership with UMAs and internal stakeholders.
  • Gather, review, and present accurate data to treaty reinsurers.
  • Negotiate renewal terms and secure treaty support for all UMAs.
  • Oversee the smooth completion of all administrative processes linked to renewals.
• Stakeholder & Treaty Management:
  
  • Build and sustain strong working relationships with treaty and facultative reinsurers.
  • Collaborate with UMAs and internal business partners to align strategies and support underwriting needs.

• A Degree in Insurance, Risk Management, BCom related Degree, Mathematics, Actuarial Science, BSc Engineering, or BCom Law/LLB .
• 2-4 years underwriting experience in short-term insurance .
• Strong product, policy, and compliance knowledge.
• Experience in a reinsurance environment will be a strong advantage.
• Ability to critically review and assess your own work with attention to detail.
• Confident with MS Outlook, Word, and Excel at an intermediate level.
• Power BI skills would be a great bonus!