Remote Commercial Underwriter

Placements24; Cape Town; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Medical and dental benefits

Retirement savings plan

Performance-based incentives

Flexible remote work

Job summary

Placements24 is seeking a seasoned Remote Commercial Underwriter to assess and price commercial insurance risks from a home office. This remote-first role supports profitable growth across South Africa and collaborates with brokers nationwide to underwrite new submissions and manage existing portfolios.

The ideal candidate has 7+ years in commercial underwriting, a deep understanding of property, liability, and specialty lines, and strong analytic, negotiation, and communication skills.

Qualifications

• Min. 7 years in commercial underwriting with proven success.
• Strong knowledge of commercial insurance products and risks.
• Remote-ready with excellent communication and remote collaboration.
• Proficient with underwriting systems and financial analysis tools.

Responsibilities

• Underwrite commercial insurance applications across property, liability, and specialty lines.
• Assess risks, set coverage, and establish pricing.
• Maintain broker/agent relationships and provide service.
• Monitor portfolio performance and adjust underwriting guidelines.
• Collaborate with claims, actuarial, and marketing teams.
• Ensure compliance with policies and regulatory requirements.
• Work effectively in a remote, self-disciplined environment.

Skills

Analytical thinking

Negotiation

Communication

Remote work discipline

Financial analysis

Education

ACII/CIP designation (advantage)

Tools

Underwriting systems

Financial analysis tools

Job description

About the Role

Join our client, a rapidly expanding and innovative insurance provider, as a Remote Commercial Underwriter. This position is ideal for a seasoned professional seeking a fully remote opportunity to leverage their expertise in assessing and pricing commercial insurance risks. Based from your home office, you will be instrumental in evaluating new business submissions, managing existing portfolios, and developing underwriting strategies to support profitable growth across South Africa. This is a remote-first role, designed for individuals who thrive in an independent, digitally connected environment. You will work collaboratively with brokers and agents nationwide, contributing to the strategic direction of our client's commercial lines of business. The role requires a proactive approach and a strong understanding of the diverse commercial landscape in Cape Town and beyond.

Key Responsibilities

• Analyze and underwrite commercial insurance applications, including property, liability, and specialty lines, from diverse industries.
• Assess risks, determine appropriate coverage, and establish competitive pricing strategies.
• Develop and maintain strong relationships with brokers and agents, providing exceptional service and support.
• Monitor portfolio performance, identify trends, and recommend adjustments to underwriting guidelines and strategies.
• Collaborate with claims, actuarial, and marketing teams to ensure alignment and support business objectives.
• Ensure compliance with underwriting policies, regulatory requirements, and company standards, regardless of location.
• Utilize underwriting tools and technology effectively to streamline processes and enhance decision-making.
• Contribute to the development of new insurance products and programs for the commercial market.
• Effectively manage workload and deadlines in a remote work setting, demonstrating strong self-discipline and organization.

Requirements

• Minimum of 7 years of experience in commercial underwriting, with a proven track record of success.
• Deep understanding of various commercial insurance products and their associated risks.
• Exceptional analytical, decision-making, and problem-solving skills.
• Excellent communication, negotiation, and interpersonal skills, adaptable to remote interactions.
• Proficiency in underwriting systems and financial analysis tools.
• A relevant professional designation (e.g., ACII, CIP) is a significant advantage.
• Demonstrated ability to work independently and manage a remote workload effectively.
• Strong understanding of the South African commercial insurance market.
• A dedicated home office setup with reliable internet connectivity is essential.

Benefits

This fully remote position offers a highly competitive salary, comprehensive medical and dental benefits, a generous retirement savings plan, and performance-based incentives. Our client is committed to fostering a flexible and inclusive work culture, providing opportunities for continuous learning and professional development. You will have the autonomy to manage your schedule while being an integral part of a collaborative, forward-thinking team, contributing significantly to the success of our client's operations from anywhere in Western Cape.