Remote Senior Underwriter

Placements24; George; Hybrid; ZAR 900,000 - 1,400,000; Full time

Benefits offered by this job

Remote work

Competitive salary

Medical-dental-vision coverage

Retirement with employer matching

Professional development

Job summary

Placements24 is seeking a Senior Underwriter for a fully remote role serving the George, Western Cape region. You will assess and price risks, develop underwriting guidelines, and manage a portfolio across commercial and personal lines to support profitability and growth.

The ideal candidate has 7+ years in insurance underwriting, strong analytics, and the ability to work autonomously in a remote setting. ACII/FLMI is highly desirable; you will collaborate with brokers and internal teams while

Qualifications

• 7+ years of experience in insurance underwriting, focusing on commercial or specialty lines.
• Strong analytical, quantitative, and decision-making skills.
• Experience communicating with brokers and clients in a remote setting.

Responsibilities

• Analyze and underwrite complex insurance applications, determining coverage and premiums.
• Develop, implement, and revise underwriting policies to ensure profitability.
• Manage a portfolio of insurance risks, monitor performance, identify trends.
• Collaborate with brokers, agents, and clients to understand needs and provide tailored solutions.
• Conduct market research to stay updated on industry developments and risks.
• Provide guidance to sales teams on underwriting matters.
• Review and approve policy renewals, endorsements, and cancellations within authority.
• Contribute to new insurance product development.
• Mentor and train junior underwriters remotely.
• Ensure compliance with regulatory requirements and company standards.

Skills

Senior underwriter

Risk analysis

Remote work

Communication

Education

ACII/FLMI

Tools

Underwriting software

Data analysis tools

Virtual collaboration platforms

Job description

About the Role

Our client, a prestigious international insurance firm, is actively seeking an experienced Senior Underwriter to join their fully remote team, serving the George, Western Cape region. This is a critical role where you will be responsible for assessing and pricing insurance risks, developing underwriting guidelines, and managing a portfolio of commercial and personal lines policies. The position is 100% remote, offering unparalleled flexibility and the opportunity to work from anywhere. You will play a key role in ensuring the profitability and growth of our client's insurance products. We are looking for a seasoned professional with a keen eye for detail, strong analytical capabilities, and a commitment to providing excellent service from a remote setting. This role is designed for an individual who thrives in an autonomous environment and possesses the skills to make informed underwriting decisions independently.

Key Responsibilities

• Analyze and underwrite complex insurance applications, assessing risks and determining appropriate coverage and premiums.
• Develop, implement, and revise underwriting policies and procedures to ensure profitability and competitiveness.
• Manage a portfolio of insurance risks, including monitoring performance, identifying trends, and taking corrective actions.
• Collaborate with brokers, agents, and clients to understand their insurance needs and provide tailored solutions.
• Conduct market research to stay abreast of industry developments, competitor activities, and emerging risks.
• Provide expert advice and guidance to sales teams and other internal stakeholders on underwriting matters.
• Review and approve policy renewals, endorsements, and cancellations within authority levels.
• Contribute to the development of new insurance products and services.
• Mentor and train junior underwriters and support staff remotely.
• Ensure compliance with all relevant regulatory requirements and company standards.

Requirements

• A minimum of 7 years of experience in insurance underwriting, with a specialization in commercial or specialty lines.
• Proven ability to analyze complex risks, apply sound judgment, and make accurate pricing decisions.
• Comprehensive understanding of insurance principles, products, and regulatory frameworks.
• Excellent analytical, quantitative, and decision-making skills.
• Strong communication and negotiation abilities, with experience in remote client interactions.
• Proficiency in underwriting software, data analysis tools, and virtual collaboration platforms.
• A relevant professional qualification (e.g., ACII, FLMI) is highly desirable.
• Demonstrated success in managing an underwriting portfolio and achieving financial targets.
• Ability to work autonomously and manage time effectively in a fully remote setup.
• A proactive approach to identifying and mitigating risks.

Benefits

• This is a fully remote position offering a highly competitive salary and performance-based incentives.
• Our client provides a comprehensive benefits package, including extended medical, dental, and vision coverage.
• Retirement savings plans with employer matching are available.
• Opportunities for professional development, including industry certifications and advanced training, are actively encouraged and supported.
• Our client values work-life balance, and this remote role facilitates that intrinsically.