Remote Senior Underwriter - Specialized Risks

Placements24; George; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Fully remote work arrangement

Competitive salary and bonus structure

Health, dental, vision insurance

Retirement savings plan with company匹配

Professional development opportunities

Home office setup stipend

Collaborative virtual team environment

Career progression opportunities

Paid time off and holidays

Job summary

Placements24 is seeking a Senior Underwriter specializing in complex and niche risks to join its fully remote team. You will assess, analyze, and price specialized insurance risks to ensure profitability, portfolio stability, and sound risk management across diverse industries.

The ideal candidate has 7+ years in underwriting with expertise in at least two lines (e.g., professional liability, cyber, environmental, aviation), strong analytical skills, and proven remote-work effectiveness.

Qualifications

• Minimum 7 years in underwriting with a focus on specialized/complex risks.
• Expertise in at least two specialized lines (e.g., professional liability, cyber, environmental, aviation).
• Strong analytical and financial acumen; excellent communication and negotiation skills.

Responsibilities

• Underwrite complex and specialized risks across industries to meet profitability targets.
• Analyze financial statements, loss history, and data to set appropriate premium rates.
• Develop relationships with brokers and agents and provide expert guidance on specialized products.
• Collaborate with claims and actuarial teams on risk management strategies.
• Monitor portfolio performance and adjust underwriting strategies as needed.
• Stay informed on market developments, emerging risks, and regulatory changes.
• Underwrite new business and renewals with accurate documentation and issuance.
• Provide mentorship to less experienced underwriters in the remote team.
• Conduct thorough due diligence on potential clients and operations.

Skills

Specialized underwriting

Financial analysis

Negotiation

Remote work

Underwriting software

Data analysis tools

Microsoft Office

Education

Finance degree

Risk management degree

CPCU designation

Tools

Underwriting software

Data analysis tools

Microsoft Office Suite

Job description

About the Role

Our client is seeking a highly skilled and experienced Senior Underwriter specializing in complex and niche risks to join their fully remote team. This is an exceptional opportunity for a motivated professional to contribute to a leading insurance entity without the constraints of a physical office. You will be instrumental in assessing, analyzing, and pricing specialized insurance risks, ensuring profitable growth and maintaining portfolio stability. This role demands a deep understanding of various industries and their unique risk profiles. You will work independently, leveraging advanced analytical tools and your extensive underwriting expertise to make critical decisions. The position requires a proactive approach to market analysis and a commitment to staying ahead of emerging risks. We are looking for an individual who thrives in a remote setting, possesses outstanding judgment, and is adept at navigating the complexities of specialized insurance products. Your ability to build strong relationships with brokers and agents will also be key to your success.

Key Responsibilities

• Underwrite complex and specialized insurance risks across various industry sectors, ensuring adherence to company guidelines and profitability targets.
• Analyze financial statements, loss history, and other relevant data to assess risk exposure and determine appropriate premium rates.
• Develop and maintain strong relationships with brokers and agents, providing expert advice and support on specialized insurance products.
• Collaborate with internal teams, including claims and actuarial, to ensure comprehensive risk management strategies.
• Monitor portfolio performance and identify trends, making recommendations for adjustments to underwriting strategies.
• Keep abreast of market developments, emerging risks, and regulatory changes impacting specialized insurance lines.
• Underwrite new business and renewals, ensuring accurate documentation and policy issuance.
• Provide technical guidance and mentorship to less experienced underwriters within the remote team.
• Conduct thorough due diligence on potential clients and their operations to identify and mitigate potential risks.
• Contribute to the development and refinement of underwriting guidelines and appetite statements for specialized risks.

Requirements

• A minimum of 7 years of progressive experience in underwriting, with a significant focus on specialized or complex risks.
• Demonstrated expertise in at least two specialized insurance lines (e.g., professional liability, cyber liability, environmental, aviation).
• Strong analytical and financial acumen, with the ability to interpret complex data and financial statements.
• Excellent negotiation and communication skills, with the ability to influence stakeholders.
• Proven ability to work autonomously and manage a demanding workload in a remote environment.
• Proficiency in underwriting software, data analysis tools, and Microsoft Office Suite.
• A relevant degree in Finance, Business, Risk Management, or a related field.
• Professional designations such as CPCU (Chartered Property Casualty Underwriter) or equivalent are highly preferred.
• A proactive and self-motivated attitude with a commitment to continuous learning.
• Excellent organizational and time management skills to effectively manage remote work responsibilities.

Benefits

• Fully remote work arrangement with flexibility.
• Competitive salary and attractive bonus structure.
• Comprehensive health, dental, and vision insurance.
• Generous retirement savings plan with company matching.
• Professional development opportunities, including continued education and certifications.
• Company-provided technology and home office setup stipend.
• Collaborative and inclusive virtual team environment.
• Opportunities for advancement within a growing global insurance organization.
• Paid time off and holidays.
• Annual performance reviews with clear career progression paths.