Remote Insurance Underwriter

Placements24; Kimberley; Hybrid; CAD 70,000 - 110,000; Full time

Benefits offered by this job

Competitive salary with incentives

Comprehensive health insurance and 401

Fully remote work environment

Career advancement opportunities

Access to cutting-edge technology

Team-building and professional develop

Job summary

Placements24 is seeking a Remote Insurance Underwriter to join a nationwide, fully remote team. The role focuses on evaluating applications, setting premiums, and ensuring profitability while delivering strong client service.

The candidate should have at least 4 years of underwriting experience, solid data interpretation skills, and proficiency with underwriting software and CRM systems to support remote collaboration and timely decisions.

Qualifications

• A Bachelor's degree in Business, Finance, Insurance, or a related field is preferred.
• Minimum of 4 years of experience in insurance underwriting.
• Ability to interpret complex data and make informed decisions.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication for remote collaboration.
• Proficiency in underwriting software, CRM systems, and MS Office.
• Demonstrated ability to work independently, manage time, and stay productive remotely.
• High level of self-discipline, organization, and attention to detail.

Responsibilities

• Accurately assess insurance applications to evaluate risk exposure.
• Determine policy terms, conditions, and pricing for profitability.
• Communicate with brokers, agents, and internal teams to gather information.
• Make underwriting decisions within defined authority limits.
• Maintain knowledge of underwriting policies, industry trends, and regulations.
• Analyze data and market intelligence to inform strategies.
• Manage a portfolio and ensure timely renewals.
• Identify process improvements and contribute to new tools.
• Ensure compliance with company standards and legal requirements.
• Proactively manage workload and deadlines in a remote setting.

Skills

Analytical thinking

Risk assessment

Decision making

Remote collaboration

Communication

Independent work

Education

Bachelor's degree in Business/Finance/Insurance

Tools

Underwriting software

CRM systems

MS Office

Job description

About the Role

Our client, a rapidly expanding insurtech company, is seeking a highly skilled and motivated Remote Insurance Underwriter to join their virtual team, servicing clients nationwide, including **Kimberley, Northern Cape**. This role is fundamental to assessing and managing risk for a variety of insurance policies. The Underwriter will be responsible for evaluating applications, determining risk acceptability, setting premiums, and ensuring profitability while providing exceptional service. This is a fully remote position, offering the ultimate flexibility and autonomy for a seasoned professional.

Key Responsibilities

• Accurately assess insurance applications to evaluate risk exposure based on established underwriting guidelines.
• Determine appropriate policy terms, conditions, and pricing to ensure profitability and competitiveness.
• Communicate effectively with brokers, agents, and internal teams to gather necessary information and clarify details.
• Make sound underwriting decisions, applying judgment and experience within defined authority limits.
• Maintain up-to-date knowledge of underwriting policies, industry trends, and regulatory requirements.
• Analyze statistical data and market intelligence to inform underwriting strategies.
• Manage a portfolio of accounts, ensuring timely processing and renewal of policies.
• Identify opportunities for process improvement and contribute to the development of new underwriting tools.
• Ensure compliance with all company standards, ethical guidelines, and legal regulations.
• Proactively manage workload and deadlines in a remote working environment.

Requirements

• A Bachelor's degree in Business, Finance, Insurance, or a related field is preferred.
• Minimum of 4 years of experience in insurance underwriting, with a strong understanding of risk assessment principles.
• Proven ability to interpret complex data and make informed decisions.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong written and verbal communication skills, essential for remote collaboration.
• Proficiency in underwriting software, CRM systems, and standard office applications (e.g., Microsoft Office Suite).
• Demonstrated ability to work independently, manage time effectively, and maintain productivity in a remote setting.
• A high degree of self-discipline, organization, and attention to detail.
• Familiarity with the South African insurance market is advantageous.
• Commitment to continuous learning and professional development.

Benefits

• Competitive salary package with performance-based incentives.
• Comprehensive health insurance and retirement savings plans.
• Fully remote work environment, offering maximum flexibility and work-life balance.
• Significant opportunities for career advancement within a growing insurtech company.
• Access to cutting-edge technology and virtual collaboration tools.
• The chance to be part of an innovative and forward-thinking organization.
• Regular virtual team-building activities and professional development workshops.