Insurance Policy Analyst

Placements24; Gqeberha; Hybrid; ZAR 480,000 - 720,000; Full time

Job summary

Placements24 in Port Elizabeth is seeking a meticulous Insurance Policy Analyst to review, interpret, and analyze insurance policies for compliance, risk identification, and product development.

You will collaborate with legal, underwriting, and actuarial teams and prepare clear reports to support policy wording and operations in the Port Elizabeth branch.

Qualifications

• Bachelor's degree in Law, Finance, or related field.
• 3–5 years of policy analysis or compliance experience in insurance.
• Strong analytical, research, and report-writing skills.
• Ability to interpret complex legal and technical documents.

Responsibilities

• Analyze policy wordings for clarity, accuracy, and compliance.
• Research industry trends, competitor policies, and legal requirements.
• Assist in development and refinement of policies.
• Collaborate with legal, underwriting, and actuarial teams.
• Prepare reports and present findings to stakeholders.

Skills

Analytical skills

Research skills

Report writing

Attention to detail

Education

Bachelor's degree (Law/Finance/Business Admin)

Job description

About the Role

Our client is seeking a meticulous and analytical Insurance Policy Analyst to join their team in Port Elizabeth. This role involves reviewing, interpreting, and analyzing insurance policies to ensure compliance, identify potential risks, and support product development. You will play a crucial role in providing insights that help shape policy wording and operational procedures, contributing to the company's stability and growth in the competitive Eastern Cape insurance market. If you possess a sharp mind for detail and a solid understanding of insurance products, this position in Port Elizabeth offers a fantastic career opportunity.

Key Responsibilities

• Analyze insurance policy wordings for clarity, accuracy, and compliance with regulations.
• Conduct research on industry trends, competitor policies, and legal requirements impacting insurance products.
• Assist in the development and refinement of new and existing insurance policies.
• Collaborate with legal, underwriting, and actuarial teams to ensure policy integrity.
• Prepare reports and present findings on policy analysis to stakeholders.

Requirements

• Bachelor's degree in Law, Finance, Business Administration, or a related field.
• 3-5 years of experience in policy analysis, compliance, or a related role within the insurance industry.
• Strong analytical, research, and report-writing skills.
• Excellent understanding of insurance principles and policy structures.
• Attention to detail and the ability to interpret complex legal and technical documents.

Benefits

• Competitive salary and performance-based incentives.
• Hybrid work arrangement offering a balance of office and remote work.
• Comprehensive health and wellness benefits package.
• Opportunities for continued education and professional certifications.
• A collaborative work environment fostering analytical rigor and continuous improvement within the Port Elizabeth branch.