Remote Insurance Underwriter – South Africa

Placements24; George; Remote; ZAR 420,000 - 600,000; Full time

Benefits offered by this job

Annual bonus opportunities

Medical aid contribution

Remote work flexibility

Career development programs

Job summary

Placements24 is seeking a dedicated Remote Insurance Underwriter to join their expanding team in South Africa. This remote role focuses on evaluating risks, pricing policies, and ensuring profitability and compliance within a remote-first environment.

You will collaborate with brokers, agents, and internal stakeholders to process new business and renewals while maintaining high-quality underwriting standards and professional communication.

Qualifications

• Bachelor's degree in Finance, Economics, Actuarial Science, or related field.
• Minimum of 4 years of experience in insurance underwriting, preferably in SA.
• Proven ability to analyze complex risk factors and make sound underwriting decisions.
• Excellent understanding of insurance products, market dynamics, and regulatory frameworks.

Responsibilities

• Analyze insurance applications and supporting documents to assess risks accurately.
• Determine insurability of applicants based on guidelines and risk appetite.
• Quote and price insurance policies with competitive and profitable rates.
• Develop and maintain strong relationships with brokers and agents, providing expert advice.
• Communicate underwriting decisions and rationale clearly to relevant parties.
• Monitor policy performance and portfolio profitability, identifying trends and recommendations.
• Stay updated on market trends, regulatory changes and competitor activity.
• Ensure compliance with underwriting policies and legal requirements.
• Utilize underwriting software to manage applications and policies efficiently.
• Contribute to development and refinement of underwriting guidelines for remote operations.

Skills

Analytical thinking

Risk assessment

Decision making

Communication

Financial literacy

Education

Finance degree

Economics degree

Actuarial Science

Tools

Excel

Underwriting software

Job description

Placements24 is seeking a dedicated Remote Insurance Underwriter to join their expanding team in South Africa. This remote role focuses on evaluating risks, pricing policies, and ensuring profitability and compliance within a remote-first environment.

You will collaborate with brokers, agents, and internal stakeholders to process new business and renewals while maintaining high-quality underwriting standards and professional communication.