Remote Senior Underwriter - Commercial Insurance

Placements24; George; Hybrid; ZAR 1,976,000 - 2,964,000; Full time

Benefits offered by this job

Fully remote

Performance bonus

Health insurance

Paid time off

Professional development

Digital underwriting tools

Retirement plan

Technology stipend

Job summary

Placements24 seeks a Senior Underwriter to join a fully remote team focused on commercial insurance. You will assess complex risks, determine terms and pricing, and support profitable growth from a home-based setting.

Join a forward-thinking company that emphasizes autonomy, collaboration with brokers, and robust underwriting guidelines. Strong communication and remote-work discipline are essential for success in this role.

Qualifications

• Minimum 7 years of progressive experience in commercial insurance underwriting.
• Proven ability to analyze complex commercial risks across multiple industries.
• Strong understanding of insurance principles, products, and market dynamics.
• Ability to make sound underwriting decisions independently.
• Excellent analytical and negotiation skills.

Responsibilities

• Analyze and evaluate commercial insurance applications, assessing risks and determining terms, conditions, and pricing.
• Develop and maintain relationships with brokers and agents for underwriting guidance.
• Underwrite new and renewal business across various commercial lines while meeting profitability targets.
• Conduct in-depth risk assessments including financial statements, loss history, and operations.

Skills

Commercial underwriting

Risk analysis

Broker relationships

Remote collaboration

Analytical skills

Negotiation skills

ACII/CPCU designation

Education

ACII or CPCU designation

Tools

Underwriting software

Video conferencing

Collaboration platforms

Job description

About the Role

Our client, a pioneering force in the digital insurance landscape, is looking for a highly skilled Remote Senior Underwriter specializing in Commercial Insurance to join their expanding, fully remote team. This role is crucial for assessing and managing risk associated with commercial policies, ensuring profitability and sustainability for the company. You will leverage your extensive underwriting expertise to make informed decisions on complex commercial risks, working from the comfort of your own home. This position offers unparalleled flexibility and the opportunity to contribute to a forward-thinking organization that values innovation and employee autonomy. If you are a meticulous underwriter passionate about shaping the future of insurance and thrive in a remote-first environment, this is the perfect opportunity for you.

Key Responsibilities

• Analyze and evaluate commercial insurance applications, assessing risks and determining appropriate terms, conditions, and pricing.
• Develop and maintain strong relationships with brokers and agents, providing expert guidance on underwriting guidelines and appetite.
• Underwrite new and renewal business across various commercial lines of business, ensuring adherence to profitability targets.
• Conduct in-depth risk assessments, including reviewing financial statements, loss history, and operational procedures of prospective clients.
• Collaborate with internal teams, including claims and actuarial, to ensure a holistic approach to risk management.
• Monitor portfolio performance and identify trends or emerging risks within the commercial insurance market.
• Contribute to the development and refinement of underwriting strategies and guidelines.
• Mentor and support less experienced underwriters in a virtual team setting.
• Ensure compliance with all relevant regulations and company policies.

Requirements

• Minimum of 7 years of progressive experience in commercial insurance underwriting.
• Demonstrated expertise in analyzing complex commercial risks across multiple industries.
• Strong understanding of insurance principles, products, and market dynamics.
• Proven ability to make sound underwriting decisions independently.
• Excellent analytical, quantitative, and problem-solving skills.
• Exceptional communication and negotiation skills, with the ability to build rapport virtually.
• Proficiency in underwriting software and standard remote work tools (e.g., video conferencing, collaboration platforms).
• A relevant professional designation (e.g., ACII, CPCU) is highly advantageous.
• Demonstrated success in managing a book of business and meeting financial objectives.
• Self-motivated and disciplined, with a proven ability to work effectively in a remote setting.

Benefits

• Fully remote work arrangement offering ultimate flexibility.
• Competitive salary with a generous performance bonus structure.
• Comprehensive health, dental, and vision insurance coverage.
• Generous paid time off and company holidays.
• Professional development opportunities and funding for continuing education.
• Access to state-of-the- art digital underwriting tools and resources.
• Retirement savings plan with company matching.
• Collaborative and supportive virtual team culture.
• Annual technology stipend for home office setup.