Remote Senior Underwriter

Placements24; Gauteng; Hybride; ZAR 900 000 - 1 500 000; Plein temps

Avantages offerts par ce poste

Fully remote work arrangement

Highly competitive salary with bonuses

Health, dental and vision insurance

Generous retirement plan contributions

Extensive professional development

Résumé du poste

Placements24 is seeking a Senior Underwriter for a fully remote role anchored in Gauteng. Based in Tembisa, you will assess applications, set terms and premiums, and guide risk strategies while supporting a remote portfolio.

You will develop underwriting policies, collaborate with brokers, review exceptions, and ensure regulatory compliance with a focus on profitability and growth in the South African market.

Qualifications

• Bachelor’s degree in Finance, Economics, Business Administration, or a related field is required.
• Professional designations such as ACII or equivalent are highly desirable.
• Minimum of 7 years of progressive experience in insurance underwriting.
• Proven track record underwriting complex risks across lines of business.

Responsabilités

• Evaluate insurance applications, assess risks and determine terms, conditions, and premiums.
• Analyze financial data, medical records, property reports, and other relevant information for underwriting decisions.
• Develop and implement underwriting policies and guidelines to manage risk.
• Collaborate with agents and brokers to understand needs and provide expert underwriting advice.
• Monitor and manage a portfolio of risks, identify trends and issues.
• Review and approve exceptions to standard underwriting guidelines.
• Conduct market research to identify opportunities and threats.
• Mentor and support junior underwriters, sharing expertise and best practices.
• Ensure compliance with regulatory requirements and company standards.

Connaissances

Analytical thinking

Risk assessment

Decision making

Communication & negotiation

Autonomy / remote work discipline

Underwriting software

Knowledge of SA market

Formation

Bachelor's degree in Finance, Economics, Business Administration, or a related field

Outils

Underwriting software

Description du poste

About the Role

Our client, a pioneering force in the insurance industry, is actively seeking a seasoned Senior Underwriter to join their expanding, fully remote team. This crucial role involves the comprehensive assessment and acceptance or rejection of insurance applications, ensuring alignment with underwriting guidelines, risk appetite, and profitability targets. You will be instrumental in developing and refining underwriting strategies, managing complex risks, and contributing to the company's sustained growth and market leadership. As a remote-first position based in Tembisa, Gauteng, this opportunity is ideal for an experienced professional who thrives in an independent work environment and possesses exceptional analytical acumen. You will be a key player in shaping the future of risk assessment for our client.

Key Responsibilities

• Evaluate insurance applications, assessing risks and determining appropriate terms, conditions, and premiums.
• Analyze financial data, medical records, property reports, and other relevant information to make informed underwriting decisions.
• Develop and implement underwriting policies and guidelines to manage risk effectively.
• Collaborate with agents and brokers to understand their needs and provide expert underwriting advice.
• Monitor and manage a portfolio of risks, identifying emerging trends and potential issues.
• Review and approve exceptions to standard underwriting guidelines, ensuring sound judgment.
• Conduct market research to identify new opportunities and competitive threats.
• Mentor and support junior underwriters, sharing expertise and best practices.
• Ensure compliance with all relevant regulatory requirements and company standards.

Requirements

• A Bachelor's degree in Finance, Economics, Business Administration, or a related field is required.
• Professional designations such as ACII or equivalent are highly desirable.
• A minimum of 7 years of progressive experience in insurance underwriting.
• Proven track record of successfully underwriting complex risks across various lines of business.
• Strong analytical and quantitative skills, with the ability to interpret complex data.
• Excellent decision-making capabilities and risk assessment judgment.
• Outstanding communication and negotiation skills, essential for remote collaboration.
• Proficiency in underwriting software and digital collaboration tools.
• Demonstrated ability to work autonomously and manage time effectively in a remote setting.
• A keen understanding of the South African insurance market.

Benefits

• Fully remote work arrangement, offering unparalleled flexibility.
• Highly competitive salary and performance-based bonuses.
• Comprehensive health, dental, and vision insurance.
• Generous retirement savings plan contributions.
• Extensive professional development and training opportunities.
• State-of-the-art remote work technology and support.
• A collaborative and innovative virtual team culture.
• Paid time off and holidays.