Insurance Policy Architect — Compliance & Product

Placements24; Soweto; On-site; ZAR 350,000 - 550,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund

Professional development

Soweto office

Annual leave

Job summary

Placements24 seeks an Insurance Policy Specialist to manage and refine policy offerings for a Soweto-based insurer. You will analyse policy wordings, help develop new policy structures, and provide expert guidance on policy interpretation to sales, underwriting, and claims teams.

The role emphasizes accuracy, regulatory compliance, and clear communication across internal stakeholders, with a focus on maintaining high-quality documentation for diverse customers.

Qualifications

• Proven experience in insurance policy administration, underwriting, or product development.
• In-depth understanding of insurance contracts, policy wordings, and regulatory frameworks.
• Strong analytical skills with attention to detail in reviewing complex documentation.
• Excellent written and verbal communication, especially in explaining policy details.
• Ability to work independently and as part of a team within a structured office environment.
• NQF Level 4/5 insurance qualifications desirable.

Responsibilities

• Review, update, and maintain insurance policy wordings and documentation for accuracy and compliance.
• Assist in the design and development of new insurance products and policy structures.
• Provide interpretation and guidance on policy terms to sales, underwriting, and claims teams.
• Ensure documentation aligns with regulatory requirements and best practices.
• Analyze policy performance data to identify improvements.
• Collaborate with legal and compliance on policy matters.

Skills

Insurance policy administration

Underwriting

Product development

Regulatory understanding

Policy wordings

Analytical skills

Communication skills

Independent work

Education

NQF Level 4/5 in Insurance

Job description

Placements24 seeks an Insurance Policy Specialist to manage and refine policy offerings for a Soweto-based insurer. You will analyse policy wordings, help develop new policy structures, and provide expert guidance on policy interpretation to sales, underwriting, and claims teams.

The role emphasizes accuracy, regulatory compliance, and clear communication across internal stakeholders, with a focus on maintaining high-quality documentation for diverse customers.