Insurance Policy Analyst

Placements24; Welkom; On-site; ZAR 300,000 - 520,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Retirement plan

Paid time off

Professional growth opportunities

Job summary

Placements24 is seeking a detail-oriented Insurance Policy Analyst to join our Welkom team. You will review, interpret, and administer insurance policies to ensure regulatory compliance and alignment with company guidelines.

You will support sales and claims with policy-related inquiries, maintain accurate records, and work with internal teams to enhance policy language and documentation for operational excellence.

Qualifications

• Bachelor's degree in Business, Finance, or a related field.
• Proven experience in an insurance policy administration or analysis role.
• In-depth knowledge of various insurance products and policy structures.
• Strong analytical, research, and problem-solving skills.
• Excellent organizational and communication abilities.

Responsibilities

• Analyze and interpret insurance policy documents to ensure compliance with legal and regulatory requirements.
• Review policy applications and endorsements for accuracy and completeness.
• Respond to inquiries from internal departments and external stakeholders regarding policy terms and conditions.
• Assist in the development and updating of policy language and documentation.
• Maintain accurate records of policy details and changes within the company's systems.

Skills

Analytical skills

Research skills

Communication

Organizational skills

Problem-solving

Education

Bachelor's degree in Business/Finance or related field

Job description

About the Role

Our client is seeking a detail-oriented Insurance Policy Analyst to join their team in Welkom . In this critical role, you will be responsible for the meticulous review, interpretation, and administration of insurance policies. You will ensure that policies align with regulatory standards and company guidelines, while also supporting the sales and claims departments with policy-related inquiries. This position requires a strong understanding of insurance products and a commitment to accuracy and compliance. You will work closely with various internal teams to maintain the integrity and effectiveness of our policy offerings, contributing to the overall operational excellence of the company.

Key Responsibilities

• Analyze and interpret insurance policy documents to ensure compliance with legal and regulatory requirements.
• Review policy applications and endorsements for accuracy and completeness.
• Respond to inquiries from internal departments and external stakeholders regarding policy terms and conditions.
• Assist in the development and updating of policy language and documentation.
• Maintain accurate records of policy details and changes within the company's systems.

Requirements

• Bachelor's degree in Business, Finance, or a related field.
• Proven experience in an insurance policy administration or analysis role.
• In-depth knowledge of various insurance products and policy structures.
• Strong analytical, research, and problem-solving skills.
• Excellent organizational and communication abilities.

Benefits

• Competitive annual salary commensurate with experience.
• Comprehensive medical, dental, and vision insurance plans.
• Retirement savings plan with employer contributions.
• Paid time off and holidays.
• Opportunities for professional growth and development within the insurance sector.