Insurance Policy Analyst

Placements24; Noord-Kaap; On-site; ZAR 420,000 - 540,000; Full time

Benefits offered by this job

Competitive annual salary

Medical aid

Retirement benefits

Professional development

Office in Kimberley

Job summary

Placements24 in Kimberley seeks an Insurance Policy Analyst to review, interpret and develop policy language that meets regulatory requirements and market needs.

You will research trends, analyze policy performance and collaborate with underwriting, legal and actuarial teams to ensure compliant and competitive offerings. A degree in Business, Finance or Law is preferred, with 3+ years of policy analysis experience.

Qualifications

• 3+ years of experience in insurance policy analysis, product development, or related role.
• Strong understanding of insurance principles, contracts and lines of business.
• Excellent analytical, research and problem-solving abilities.
• Proficiency in policy drafting and documentation review.
• Familiarity with insurance laws and regulatory frameworks.

Responsibilities

• Analyze existing insurance policies for effectiveness, profitability and regulatory compliance.
• Research market trends, competitor offerings and emerging risks to inform policy development.
• Draft, revise and maintain clear policy language with legal/regulatory adherence.
• Collaborate with underwriting, claims, legal and actuarial teams on policy matters.
• Develop documentation and training materials for new or updated policies.
• Monitor legislative changes and update policies to ensure ongoing compliance.

Skills

Analytical skills

Research

Policy drafting

Problem solving

Education

Degree in Business/Finance/Law or related field

Job description

About the Role

Our client is looking for a meticulous and insightful Insurance Policy Analyst to join their team in Kimberley . This role is crucial for reviewing, interpreting, and developing insurance policies to meet market demands and regulatory requirements. You will conduct thorough research, analyze policy performance, and collaborate with various departments to ensure our insurance offerings are competitive and compliant. The successful candidate will possess strong analytical skills and a deep understanding of insurance products and legislation. This position offers a rewarding opportunity to contribute to the strategic development of insurance products within a reputable organization based in Kimberley .

Key Responsibilities

• Analyze existing insurance policies to assess their effectiveness, profitability, and compliance with regulations.
• Research market trends, competitor offerings, and emerging risks to inform policy development.
• Draft, revise, and maintain clear and concise policy language, ensuring legal and regulatory adherence.
• Collaborate with underwriting, claims, legal, and actuarial teams on policy-related matters.
• Develop documentation and training materials related to new or updated insurance policies.
• Monitor legislative changes and update policies accordingly to ensure ongoing compliance.

Requirements

• Minimum of 3 years of experience in insurance policy analysis , product development, or a related role.
• Strong understanding of insurance principles, contracts, and various lines of business.
• Excellent analytical, research, and problem-solving skills.
• Proficiency in policy drafting and documentation review.
• Familiarity with relevant insurance laws and regulatory frameworks.
• A degree in Business, Finance, Law, or a related field is preferred.

Benefits

• Competitive annual salary and potential for annual bonuses.
• Opportunity to work within a dedicated team in our Kimberley office.
• Comprehensive medical aid and retirement benefits.
• Access to professional development resources and industry conferences.
• A stable and supportive work environment focused on professional growth.