Insurance Risk Assessor

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 520,000 - 900,000; Full time

Benefits offered by this job

Hybrid work model

Competitive pay and bonus

Health and wellness benefits

Professional development

Job summary

Placements24 is seeking an Insurance Risk Assessor to join the team in Nelspruit. You will conduct risk assessments for potential policies, including site visits, and provide expert recommendations on mitigation strategies and policy terms.

The ideal candidate holds a Bachelor's degree in Risk Management or related field and has at least 3 years of experience in insurance risk assessment or underwriting. A hybrid work model is offered along with professional development opportunities.

Qualifications

• Bachelor's degree in Risk Management, Finance, Business, or related discipline.
• Minimum of 3 years of experience in insurance risk assessment or underwriting.
• Strong analytical and problem-solving abilities with keen attention to detail.
• Knowledge of property, casualty, and liability insurance risks.
• Excellent report writing and communication skills.

Responsibilities

• Conduct risk assessments for potential policies, including site visits.
• Analyze applicant information, property details, and operations.
• Identify risks and recommend mitigation and policy conditions.
• Prepare detailed risk assessment reports for underwriters and management.
• Advise on coverage levels and pricing based on risk.
• Maintain accurate records of assessments and recommendations.
• Stay updated on industry best practices and emerging risks.

Skills

Analytical thinking

Problem solving

Report writing

Communication skills

Education

Bachelor's degree in Risk Management, Finance, Business, or related discipline

Tools

Risk assessment tools

Job description

About the Role

Our client is seeking a sharp and detail-oriented Insurance Risk Assessor to join their team in Nelspruit . This role is crucial for evaluating the risks associated with potential insurance policies, ensuring that the company underwrites viable and profitable business. You will conduct site inspections, analyze applicant information, and provide expert recommendations on risk mitigation and policy terms. This is an excellent opportunity for an individual with a strong analytical background to contribute to informed decision-making within the Mpumalanga insurance market, collaborating with underwriters and sales teams.

Key Responsibilities

• Conduct thorough risk assessments for potential insurance policies, including site visits and inspections where necessary.
• Analyze applicant information, property details, business operations, and hazard factors.
• Identify potential risks and recommend appropriate mitigation strategies and policy conditions.
• Prepare detailed risk assessment reports for underwriters and management.
• Advise on appropriate insurance coverage levels and pricing based on risk evaluation.
• Maintain accurate records of assessments and recommendations.
• Stay abreast of industry best practices and emerging risks relevant to the insurance sector.

Requirements

• Bachelor's degree in Risk Management, Finance, Business, or a related discipline.
• Minimum of 3 years of experience in insurance risk assessment, underwriting, or a related field.
• Strong analytical and problem-solving abilities with keen attention to detail.
• Knowledge of various types of insurance risks (e.g., property, casualty, liability).
• Excellent report writing and communication skills.
• Ability to conduct site inspections and evaluations effectively.
• Proficiency in risk assessment tools and methodologies.

Benefits

• Competitive salary and performance-based bonus structure.
• Hybrid work model offering a blend of remote and in-office work.
• Comprehensive health and wellness benefits package.
• Opportunities for professional development and industry certifications.
• Contribute to prudent risk management practices in a growing region.