Reference Number
BI-207
Description

Your role

The Marine Underwriter - Portfolio Manager is responsible for evaluating, analysing, and underwriting marine insurance risks, including cargo, hull, and liability policies. The role requires a strong understanding of marine operations, risk assessment, and policy wording to ensure profitable underwriting while delivering excellent client service.

 

Requirements

Key Tasks & Accountabilities

  • Risk Assessment: Analyze and assess risks associated with marine insurance proposals, including cargo, hull, and marine liability.
  • Policy Underwriting: Within delegated authority, review submissions, determine coverage, set premiums, and draft policy terms and conditions in line with company guidelines and regulatory requirements.
  • Portfolio Management: Monitor and manage the performance of the allocated marine insurance portfolio, ensuring profitability, including credit control and compliance.
  • Business Retention and New Business: Maintain and enhance broker relationships to renew existing portfolio and generate new business opportunities.
  • Client Interaction: Liaise with brokers to gather information, negotiate terms, and provide expert advice on marine insurance products.
  • Claims Support: Collaborate with claims teams to review and analyze claims, providing technical input and recommendations as required.
  • Market Research: Stay updated on market trends, emerging risks, and regulatory changes affecting marine insurance.
  • Documentation: Maintain accurate underwriting records, reports, and documentation for audit and compliance purposes.
  • Team Collaboration: Work closely with team underwriters and others to share knowledge and best practices.

 

Qualification & Experience

  • Matric/NQF level 4
  • Insurance qualification/ Advanced diploma
  • FAIS compliant
  • 5 years Marine Insurance Experience
  • Advanced competency in Marine Insurance underwriting
  • Valid driver license

 

Closing date: 19 June 2025

 

Work Level
Skilled
Type
Permanent
Salary
Market Related
EE Position
No
Location
Milnertin/Century City