Remote Insurance Underwriter - General Liability

Placements24; Queenstown; Hybrid; NZD 158,000 - 211,000; Full time

Benefits offered by this job

Performance-based bonuses

Medical aid

Retirement fund

Remote work

Job summary

Placements24 is seeking a seasoned Remote Insurance Underwriter specializing in General Liability. The role is fully remote, allowing you to work from home from anywhere in South Africa.

You will assess applications, set terms, and decide on coverage for new and renewal submissions while upholding underwriting guidelines. Ideal candidates have at least five years of General Liability experience, strong analytical and negotiation skills, and proficiency with underwriting software.

Qualifications

• Minimum of 5 years underwriting experience with a focus on General Liability.
• In-depth knowledge of general liability principles, policy structures and risk assessment.
• Proven ability to make sound underwriting decisions independently.
• Excellent communication and negotiation skills, effective in a virtual environment.
• Proficiency in using underwriting software and standard office tools.

Responsibilities

• Analyze applications and documentation to assess risks for general liability.
• Determine policy terms, pricing and coverage limits based on risk.
• Underwrite new business submissions and renewals per guidelines.
• Collaborate with brokers and agents to gather information and provide decisions.
• Maintain understanding of general liability products, market trends and exposures.
• Monitor performance of assigned book and identify areas for improvement.
• Ensure compliance with regulatory requirements and internal policies.
• Provide underwriting support and guidance to junior team members.
• Contribute to development and refinement of underwriting tools and processes.

Skills

Analytical skills

Decision making

Communication skills

Negotiation skills

Problem solving

Time management

Remote work

Education

Tertiary qualification

ACII/CIP designation

Tools

Underwriting software

Office productivity tools

Job description

About the Role Our client, a national insurance provider known for its innovative approach, is actively seeking a skilled Remote Insurance Underwriter specializing in General Liability. This position offers a unique opportunity to work entirely from home, contributing to our client's success from anywhere in South Africa . The Underwriter will be responsible for assessing, evaluating, and accepting or rejecting insurance risks within the general liability domain, ensuring profitability and adherence to company guidelines. This role requires a sharp analytical mind, excellent decision-making capabilities, and a strong understanding of risk management principles. Join a forward-thinking company that embraces remote work and values expertise in underwriting.

Key Responsibilities

• Analyze applications and supporting documentation to assess risks associated with general liability insurance.
• Determine appropriate policy terms, conditions, pricing, and coverage limits based on risk assessment.
• Underwrite new business submissions and renewals in accordance with company underwriting guidelines and authority levels.
• Collaborate with brokers and agents to gather necessary information and provide underwriting decisions.
• Maintain a thorough understanding of general liability insurance products, market trends, and legal exposures.
• Monitor the performance of assigned book of business, identifying potential areas for improvement or concern.
• Ensure compliance with all relevant regulatory requirements and internal policies.
• Provide technical underwriting support and guidance to less experienced team members.
• Contribute to the development and refinement of underwriting tools and processes.

Requirements

• Minimum of 5 years of underwriting experience, with a significant focus on General Liability insurance.
• In-depth knowledge of general liability principles, policy structures, and risk assessment techniques.
• Proven ability to make sound underwriting decisions independently.
• Strong analytical, critical thinking, and problem-solving skills.
• Excellent communication and negotiation skills, effective in a virtual environment.
• Proficiency in using underwriting software and standard office productivity tools.
• Ability to work autonomously and manage time effectively in a completely remote work setting.
• Relevant tertiary qualification or professional insurance designations (e.g., ACII, CIP) are highly advantageous.
• Must have a reliable internet connection and a suitable home office setup.

Benefits

As a fully remote position, this role offers unparalleled flexibility and work-life balance. Our client provides a competitive salary, performance-based bonuses, and a comprehensive benefits package, including medical aid and a retirement fund. Opportunities for continuous professional development and training in the latest underwriting practices are available. Join a dynamic and modern insurance company that champions remote work and offers a challenging and rewarding career path for experienced underwriters.