Remote Insurance Underwriter Specialist

Placements24; Sandton; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Home office setup support

Remote work environment

Medical aid and retirement fund

Job summary

Placements24 is seeking an experienced Remote Insurance Underwriter Specialist to join a distributed team, supporting operations from Sandton and beyond. The role demands evaluating complex risks for specialized insurance lines and making pricing decisions, with autonomy to work remotely within South Africa.

You'll price risks, analyze submissions, negotiate terms with brokers, and contribute to underwriting strategies while complying with regulatory standards.

Qualifications

• 5+ years of underwriting experience in complex commercial lines.
• Ability to assess and price sophisticated risks.
• Proficiency with underwriting tools and software.

Responsibilities

• Underwrite and price specialized insurance risks according to guidelines.
• Analyze detailed submissions including financial data and risk surveys.
• Negotiate terms, conditions, and pricing with brokers and clients.
• Develop knowledge of industry risks and market dynamics.
• Collaborate with claims, actuarial, and sales teams remotely.
• Contribute to underwriting strategies and tooling.

Skills

Underwriting

Risk assessment

Analytical skills

Negotiation

Remote communication

Education

ACII or CIP desirable

Job description

Our client is actively seeking an experienced and independent Remote Insurance Underwriter Specialist to join their distributed team, supporting operations from Sandton and beyond. This position requires a seasoned professional to evaluate complex risks for specialized insurance lines, making critical decisions on policy issuance, terms, and pricing. You will leverage your expertise to ensure profitable underwriting outcomes while adhering to risk appetite and regulatory standards. This fully remote role offers the flexibility to work from anywhere within South Africa, contributing significantly to the company's national underwriting capabilities and working within a culture that values autonomy and expertise.

Key Responsibilities

• Underwrite and price specialized insurance risks according to company guidelines and risk appetite.
• Analyze detailed submissions, including financial statements, risk surveys, and client operational data.
• Negotiate terms, conditions, and pricing with brokers and clients to secure profitable business.
• Develop and maintain a strong understanding of specific industry risks and market dynamics.
• Collaborate virtually with internal teams, including claims, actuarial, and sales, to ensure cohesive risk management.
• Contribute to the development and refinement of underwriting strategies and tools.

Requirements

• Minimum of 5 years of experience in underwriting, with a specialization in complex commercial lines or niche insurance products.
• Demonstrated ability to accurately assess and price sophisticated risks.
• Strong analytical skills and proficiency with underwriting tools and software.
• Excellent communication and negotiation skills, with the ability to build rapport remotely.
• Self-motivated with the discipline to work effectively in a remote environment.
• Relevant insurance qualifications (e.g., ACII, CIP) are highly desirable.

Benefits

• Competitive annual salary and performance-based bonuses.
• Comprehensive remote work setup support and a generous home office allowance.
• Full medical aid and retirement fund benefits.
• Significant opportunities for professional development and specialization.
• The flexibility of a fully remote position, allowing work from anywhere in South Africa .