Remote Insurance Underwriter

Placements24; George; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Full remote work

Health, dental, and vision insurance

Job summary

Placements24 is seeking a meticulous Remote Insurance Underwriter to join its expanding underwriting team. The role focuses on assessing and pricing insurance risks to ensure profitability while working entirely remotely from anywhere in South Africa.

You'll leverage data and underwriting tools to inform decisions, contribute to policy development, and collaborate with agents and brokers in a digitally driven environment.

Qualifications

• Bachelor's degree in Finance, Economics, Risk Management or related field.
• 3–5 years of experience as an Insurance Underwriter, preferably remote.
• Strong understanding of insurance principles, risk assessment, and financial analysis.
• Excellent analytical and decision-making capabilities.
• Proficiency with underwriting software and data analysis tools.
• Exceptional communication skills suitable for a remote work environment.

Responsibilities

• Analyze insurance applications, assess risks, and determine appropriate coverage terms and premiums.
• Underwrite new business and renewals in accordance with company guidelines and risk appetite.
• Utilize underwriting tools and systems to evaluate risk factors and make sound decisions.
• Collaborate with agents and brokers to provide guidance on underwriting requirements and product offerings.
• Stay abreast of industry trends, regulatory changes, and emerging risks relevant to underwriting.
• Contribute to the development and refinement of underwriting policies and procedures.

Skills

Analytical thinking

Underwriting software

Data analysis tools

Remote communication

Education

Bachelor's degree in Finance/Economics/Risk Management

Tools

Underwriting software

Data analysis tools

Job description

About the Role

Our client is seeking a meticulous and analytical Remote Insurance Underwriter to join their expanding underwriting team. This role is crucial for assessing and pricing insurance risks to ensure the company's profitability and sustainability. Working entirely remotely, you will leverage data and your expertise to make informed decisions on policy applications. This position offers the flexibility of working from anywhere in South Africa while being an integral part of a forward-thinking insurance company. You will contribute to shaping underwriting strategies and policies in a digitally driven environment.

Key Responsibilities

• Analyze insurance applications, assess risks, and determine appropriate coverage terms and premiums.
• Underwrite new business and renewals in accordance with company guidelines and risk appetite.
• Utilize underwriting tools and systems to evaluate risk factors and make sound decisions.
• Collaborate with agents and brokers to provide guidance on underwriting requirements and product offerings.
• Stay abreast of industry trends, regulatory changes, and emerging risks relevant to underwriting.
• Contribute to the development and refinement of underwriting policies and procedures.

Requirements

• Bachelor's degree in Finance, Economics, Risk Management, or a related field.
• Minimum of 3-5 years of experience as an Insurance Underwriter , preferable in a remote setting.
• Strong understanding of insurance principles, risk assessment, and financial analysis.
• Excellent analytical and decision-making capabilities.
• Proficiency with underwriting software and data analysis tools.
• Exceptional communication skills, suitable for a remote work environment.

Benefits

• Competitive annual salary commensurate with experience.
• Full remote work arrangement offering significant flexibility and work-life balance.
• Comprehensive health, dental, and vision insurance benefits.
• Opportunities for professional certifications and continuous learning.
• Access to cutting-edge technology and remote collaboration tools.