Insurance Policy Analyst

Placements24; Roanoke (VA); Hybrid; USD 66,000 - 93,000; Full time

Benefits offered by this job

Hybrid work model

Professional development

Competitive salary

Health benefits

Collaborative team

Job summary

Placements24 in East London is seeking an Insurance Policy Analyst to develop and review policies, ensuring alignment with business objectives, market trends, and regulatory standards.

The role demands strong analytical skills, research capabilities, and collaboration with underwriting, claims, legal, and actuarial teams. A hybrid work model and ongoing professional development are offered.

Qualifications

• Minimum 3 years in insurance policy analysis, product development, or similar role.
• Strong knowledge of insurance contracts, principles, and lines of business.
• Excellent research and written communication skills.
• Experience in policy drafting and attention to detail.

Responsibilities

• Evaluate and refine policy wording for clarity and competitiveness.
• Research regulatory changes and emerging risks to inform policy updates.
• Draft new policy provisions and endorsements aligned with goals.
• Collaborate with underwriting, claims, legal, and actuarial teams.
• Create documentation and training materials on policy changes.
• Analyze policy performance data to identify improvements.

Skills

Analytical thinking

Written communication

Research skills

Policy drafting

Attention to detail

Education

Tertiary qualification in insurance or related field

Job description

About the Role

Our client is seeking a detail-oriented and analytical Insurance Policy Analyst to join their growing team in East London . This role is integral to the development, review, and maintenance of insurance policies, ensuring they align with business objectives, market trends, and regulatory standards. You will conduct in-depth research, interpret complex policy language, and collaborate cross-functionally to enhance our insurance product portfolio. The ideal candidate possesses strong analytical acumen and a comprehensive understanding of the insurance landscape. This position provides an excellent career opportunity within a dynamic organization, offering professional growth and the chance to shape insurance solutions in the East London area through a flexible hybrid working model.

Key Responsibilities

• Evaluate and refine existing insurance policy wording for clarity, accuracy, and competitive positioning.
• Research industry best practices, regulatory changes, and emerging risks to inform policy enhancements.
• Draft new policy provisions and endorsements, ensuring compliance and alignment with strategic goals.
• Work closely with underwriting, claims, legal, and actuarial teams to gather input and ensure policy effectiveness.
• Develop clear documentation and training materials for internal teams regarding policy changes.
• Analyze policy performance data to identify areas for improvement and innovation.

Requirements

• Minimum of 3 years of experience in insurance policy analysis , product development, or a comparable role.
• Solid understanding of insurance contracts, principles, and various lines of business.
• Exceptional research, analytical, and written communication skills.
• Experience in policy drafting and a keen eye for detail.
• Familiarity with insurance regulations and compliance requirements.
• A relevant tertiary qualification is advantageous.

Benefits

• Competitive salary and potential for annual performance bonuses.
• Flexible hybrid work arrangements to support work-life balance.
• Comprehensive health, dental, and retirement benefits.
• Opportunities for continuous learning and professional development.
• A collaborative team environment in our East London offices.