Remote Insurance Underwriter — Data-Driven Risk & Pricing

Placements24; Kempton Park; Hybrid; ZAR 600,000 - 1,000,000; Full time

Benefits offered by this job

Competitive salary and remote work

Comprehensive health, dental, and vis

Paid time off and holidays

Retirement plan with company match

Professional development opportunities

State-of-the-art remote work tech

Inclusive virtual team culture

Job summary

Placements24 is seeking a meticulous Remote Insurance Underwriter to join a fully remote team in South Africa. You will assess risks, price policies, and ensure profitability while complying with underwriting guidelines.

You will rely on actuarial principles and data analytics to support decisions, collaborating with brokers, and contributing to product development, all while working from a dedicated home office in a remote-first environment.

Qualifications

• Bachelor’s degree in Finance, Economics, Actuarial Science, or a related quantitative field.

Responsibilities

• Evaluate insurance applications to assess risk and determine insurability.
• Analyze financial data, loss history, and other relevant information to price policies accurately.
• Develop and implement underwriting guidelines and procedures.
• Collaborate with brokers and agents to understand client needs and market dynamics.
• Monitor the performance of assigned portfolios and recommend adjustments as necessary.
• Ensure compliance with all relevant regulations and internal policies.
• Identify and mitigate potential risks associated with insurance products.
• Utilize underwriting software and tools to streamline processes and enhance decision-making.
• Participate in product development and strategic planning initiatives.
• Provide underwriting support and training to less experienced team members.

Skills

Risk assessment

Pricing models

Data analysis

Remote work

Communication

Education

Bachelor’s degree in Finance/Economics/Actuarial Science

Job description

Placements24 is seeking a meticulous Remote Insurance Underwriter to join a fully remote team in South Africa. You will assess risks, price policies, and ensure profitability while complying with underwriting guidelines.

You will rely on actuarial principles and data analytics to support decisions, collaborating with brokers, and contributing to product development, all while working from a dedicated home office in a remote-first environment.