Remote Commercial Underwriter - Specialty Lines

Placements24; Cape Town; Híbrido; ZAR 900.000 - 1.500.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Comprehensive health insurance

Generous retirement plan contributions

Fully remote work environment

Access to cutting-edge underwriting工具

Descripción de la vacante

Placements24 is seeking a Remote Commercial Underwriter specialized in specialty lines to join a virtual team serving clients across South Africa, with focus on Cape Town market needs. The role involves evaluating and pricing complex risks while upholding underwriting guidelines and profitability targets.

You will analyze financials and operations, price policies, and collaborate with brokers and internal teams.

Formación

• Degree in Finance, Commerce, Risk Management or related field.
• 7+ years progressive commercial underwriting experience with specialty lines.
• Expertise in professional indemnity, cyber, D&O or other specialty classes.
• Strong analytical and financial assessment skills.
• Excellent negotiation and remote communication abilities.
• Proficiency with underwriting systems and Excel.

Responsabilidades

• Underwrite and price specialty lines commercial policies (e.g., PI, cyber, D&O).
• Analyze financial statements, operations and risk exposures to determine insurability and terms.
• Maintain relationships with brokers and agents, offering expert guidance.
• Adhere to authorities, guidelines and profitability targets.
• Collaborate with claims, legal and actuarial teams on complex cases.

Conocimientos

Underwriting

Specialty lines

Remote communication

Educación

Finance/Commerce/Risk Management degree

Herramientas

Underwriting systems

Microsoft Excel

Descripción del empleo

About the Role

Our client is a globally recognized insurance powerhouse looking for an exceptional Remote Commercial Underwriter specializing in specialty lines to join their expanding virtual team. This position is crucial for evaluating and pricing complex commercial risks, ensuring profitable growth and adherence to underwriting guidelines. The ideal candidate will possess a sharp analytical mind, excellent risk assessment capabilities, and a proven track record in underwriting niche insurance products. As a remote-first role, you will collaborate extensively with brokers and clients across various regions, leveraging digital tools and communication platforms to deliver exceptional service. This is a unique opportunity to contribute to a leading insurer while enjoying the flexibility and autonomy of a fully remote position, based anywhere within South Africa but primarily serving the Cape Town market needs.

Key Responsibilities

• Underwrite and price specialty lines commercial insurance policies, including but not limited to professional indemnity, cyber liability, and directors & officers insurance.
• Analyze financial statements, business operations, and risk exposures to determine insurability and appropriate terms.
• Develop and maintain strong relationships with brokers and agents, providing expert advice and support.
• Adhere to underwriting authorities, guidelines, and profitability targets.
• Continuously monitor market trends and competitor activities within specialty lines.
• Collaborate with claims, legal, and actuarial departments on complex cases and portfolio management.
• Prepare detailed underwriting reports and present findings to management.
• Identify opportunities for cross-selling and portfolio expansion.
• Ensure compliance with all regulatory requirements and internal policies.

Requirements

• A relevant degree in Finance, Commerce, Risk Management, or a related field.
• Minimum of 7 years of progressive experience in commercial underwriting, with a significant focus on specialty lines.
• Demonstrated expertise in underwriting professional indemnity, cyber, D&O, or other relevant specialty classes.
• Strong analytical and financial assessment skills.
• Excellent negotiation and communication skills, comfortable interacting remotely.
• Proficiency in underwriting systems and advanced Microsoft Excel skills.
• Ability to work independently and manage a remote workload effectively.
• A deep understanding of risk management principles and insurance products.
• Proven ability to build and maintain strong broker relationships.

Benefits

• Highly competitive salary and performance-based incentives.
• Comprehensive health insurance coverage.
• Generous retirement savings plan contributions.
• Significant opportunities for remote professional development and global training.
• A fully remote work environment offering unparalleled flexibility.
• Access to cutting‑edge underwriting technology and resources.
• Supportive virtual team culture focused on collaboration and success.