Remote Commercial Lines Underwriter

Placements24; George; Ibrido; ZAR 420.000 - 540.000; Tempo pieno

Vantaggi offerti da questo lavoro

Attractive salary and incentives

Medical aid and retirement fund

Generous annual leave

Remote work culture

Continuous learning and certifications

Descrizione del lavoro

Placements24 is seeking an experienced Commercial Lines Underwriter for its fully remote team. You will assess and underwrite commercial risks, price policies, and ensure profitability while meeting underwriting guidelines.

The role emphasizes strong analytical abilities, negotiation, and excellent service to brokers and agents. The position supports a remote work culture with a focus on risk assessment, policy development, and collaboration with the claims team to understand loss trends.

Competenze

• 4+ years of commercial lines underwriting experience.
• Strong ability to analyze complex commercial risks and make sound underwriting judgments.
• Thorough knowledge of commercial insurance products and underwriting principles.

Mansioni

• Analyze and underwrite new and renewal commercial insurance applications, assessing risks and determining coverage.
• Evaluate financial statements, loss history, and data to inform underwriting decisions.
• Price policies to ensure profitability while remaining competitive.
• Develop and maintain relationships with brokers and agents, providing underwriting support.

Conoscenze

Analytical skills

Communication

Decision making

Negotiation

Interpersonal skills

Underwriting systems

Formazione

Bachelor's degree in Business/Finance

ACII/AIISA designation (desirable)

Strumenti

Underwriting software

Descrizione del lavoro

About the Role

Our client is seeking a skilled and experienced Commercial Lines Underwriter to join their expanding, fully remote team. This is a fantastic opportunity to leverage your expertise in risk assessment and policy development within a flexible, home-based setting. As a remote-first organization, we empower our employees with the tools and autonomy to excel. You will be responsible for analyzing, selecting, and pricing commercial risks, ensuring profitability and adherence to underwriting guidelines. This role requires a sharp analytical mind, excellent decision-making abilities, and a commitment to providing exceptional service to our brokers and agents. Your contribution will be integral to maintaining the financial health and growth of our commercial insurance portfolio. This position, while notionally based in George, Western Cape, ZA , operates on a fully remote basis, allowing you to work from any approved location within South Africa. We are committed to fostering a productive and supportive remote work culture.

Key Responsibilities

• Analyze and underwrite new and renewal commercial insurance applications, assessing risks and determining appropriate coverage.
• Evaluate financial statements, loss history, and other relevant data to make informed underwriting decisions.
• Price policies accurately to ensure profitability while remaining competitive in the market.
• Develop and maintain strong relationships with brokers and agents, providing them with expert underwriting support and guidance.
• Ensure compliance with all underwriting guidelines, company policies, and regulatory requirements.
• Collaborate with the claims department to understand loss trends and their impact on underwriting.
• Identify opportunities for new business and cross-selling within the commercial lines portfolio.
• Stay abreast of market trends, industry developments, and competitor activities.
• Provide technical guidance and mentorship to junior underwriters as needed.
• Document all underwriting decisions and rationale clearly and concisely in the system.

Requirements

• Minimum of 4 years of experience in commercial lines underwriting.
• Demonstrated ability to analyze complex commercial risks and make sound underwriting judgments.
• Thorough knowledge of commercial insurance products, market dynamics, and underwriting principles.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication, negotiation, and interpersonal skills, with the ability to build rapport with external partners.
• Proficiency in underwriting systems and related software.
• Proven ability to manage a workload effectively and meet deadlines in a remote work environment.
• A relevant professional designation (e.g., ACII, AIISA) is highly desirable.
• Bachelor's degree in Business, Finance, or a related field is preferred.
• Adaptability and a proactive approach to learning and development.

Benefits

• Attractive salary and performance-based incentives.
• Comprehensive medical aid and retirement fund contributions.
• Generous annual leave allowance.
• Opportunities for professional growth and advancement.
• A supportive and inclusive remote work culture.
• Access to advanced underwriting tools and technologies.
• Employee wellness programs.
• Continuous learning opportunities and support for professional certifications.
• Flexible working hours to accommodate remote arrangements.