Remote Insurance Underwriter - Commercial Property

Placements24; Rustenburg; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Fully remote work arrangement

Competitive salary and incentives

Home office setup allowance

Health, dental, and vision insurance

Retirement savings plan with company匹配

Extensive training and development

Career advancement opportunities

Flexible working hours

Supportive virtual team culture

Job summary

Placements24 is seeking an experienced Remote Insurance Underwriter specializing in Commercial Property to join a virtual team. You will underwrite commercial property risks, assess profitability, and ensure adherence to underwriting guidelines from a remote home office in South Africa.

The role requires strong analytical skills, excellent communication, and the ability to work autonomously in a remote setting while collaborating with brokers and agents to structure appropriate insurance

Qualifications

• Must have 7+ years of commercial property underwriting experience.
• In-depth knowledge of commercial property risks, contracts, and market practices.
• Proven ability to analyze complex risks and make sound judgments.
• Excellent remote communication and negotiation skills.
• Proficient with underwriting software and MS Office.

Responsibilities

• Underwrite commercial property insurance applications, setting terms and pricing.
• Analyze financial statements, schedules, and loss history for risk assessment.
• Ensure decisions comply with policies, procedures, and regulatory requirements.
• Collaborate with brokers and agents to understand client needs.
• Provide underwriting guidance to internal stakeholders.
• Identify opportunities for portfolio growth and retention.
• Monitor market trends and competitor activity to inform strategies.
• Contribute to underwriting guidelines and tools refinement.
• Manage a portfolio of accounts and ensure timely responses.

Skills

Communication

Negotiation

Interpersonal skills

Time management

Self-motivation

Remote work

Education

Matriculation certificate or equivalent

ACII/ANZIIF designation preferred

Tools

Underwriting software

MS Office

Job description

About the Role

Our client is a forward-thinking insurance company seeking an experienced Remote Insurance Underwriter specializing in Commercial Property to join their rapidly expanding virtual team. This fully remote position allows you to leverage your underwriting expertise from the comfort of your own home, regardless of your physical location within South Africa . You will be responsible for assessing and accepting commercial property risks, ensuring profitability and adherence to underwriting guidelines. This role demands a sharp analytical mind, excellent decision-making capabilities, and a proactive approach to risk management. You will work closely with brokers and agents to understand client needs and structure appropriate insurance solutions. The ability to thrive in a remote-first environment, communicate effectively through digital channels, and manage your workload independently is paramount. This is an exceptional opportunity to join a company that embraces innovation and offers significant career growth potential in the insurance sector. You will be integral to the success of our commercial property book, contributing to strategic planning and risk appetite setting. The role offers the ultimate flexibility, allowing for a better work-life balance. We are committed to providing our remote employees with the tools, support, and professional development opportunities they need to excel. Your expertise will be highly valued in this progressive and digitally enabled organization.

Key Responsibilities

• Underwrite commercial property insurance applications, evaluating risks and determining terms, conditions, and pricing.
• Analyze financial statements, property schedules, and loss history to assess risk exposure.
• Ensure all underwriting decisions comply with company policies, procedures, and regulatory requirements.
• Develop and maintain strong relationships with brokers, agents, and clients.
• Provide technical underwriting support and guidance to internal stakeholders.
• Identify opportunities for portfolio growth and retention within your assigned segment.
• Monitor market trends and competitor activities to inform underwriting strategies.
• Contribute to the development and refinement of underwriting guidelines and tools.
• Manage a portfolio of accounts efficiently, ensuring timely response and processing.
• Participate in virtual team meetings and contribute to strategic discussions.

Requirements

• Matriculation certificate or equivalent qualification.
• Relevant tertiary qualification or professional designation (e.g., ACII, ANZIIF) is preferred.
• Minimum of 7 years of proven experience in commercial property insurance underwriting.
• In-depth knowledge of commercial property risks, insurance contracts, and market practices.
• Demonstrated ability to analyze complex risks and make sound underwriting judgments.
• Excellent communication, negotiation, and interpersonal skills, suitable for remote interaction.
• Proficiency in underwriting software and standard office applications.
• Strong organizational and time management skills, with the ability to work autonomously.
• Self-motivated with a proven track record of achieving performance targets in a remote setting.
• Must have a stable internet connection and a dedicated home office setup conducive to remote work.

Benefits

• Fully remote work arrangement, offering unparalleled flexibility.
• Competitive salary and performance-based incentives.
• Allowance for home office setup and internet connectivity.
• Comprehensive health, dental, and vision insurance.
• Retirement savings plan with company matching.
• Extensive training and professional development programs.
• Opportunities for advancement into leadership roles.
• Flexible working hours within defined core periods.
• A supportive and innovative virtual team culture.