Remote Senior Underwriter - Specialty Lines Insurance

Placements24; Mossel Bay; Hybrid; ZAR 900.000 - 1.200.000; Vollzeit

Benefits dieser Stelle

Fully remote work

Flexible schedule

Remote friendly environment

Zusammenfassung

Placements24 is seeking a highly analytical Senior Underwriter specializing in Specialty Lines to work remotely. You will underwrite and price complex risks, focusing on Professional Indemnity, D&O, Cyber, and Construction All Risks across South Africa and beyond.

The role requires deep actuarial understanding, independent decision-making, and leadership in a remote team. You will analyze financials, price sophisticated risk solutions, mentor junior underwriters, and collaborate with brokers,

Qualifikationen

• 7+ years of underwriting experience with a focus on specialty lines.
• Expertise in at least two specialty lines (e.g., PI, D&O, Cyber).
• Ability to analyze complex risks and develop pricing models.
• Strong negotiation and communication skills, with clear rationale.

Aufgaben

• Underwrite and price complex specialty lines risks and provide pricing guidance.
• Analyze financial statements, market data, and other info to assess risk and pricing.
• Build and maintain broker/agent relationships and provide underwriting support.
• Collaborate with claims, legal, and product teams for risk management strategies.
• Monitor portfolio performance and adjust underwriting guidelines as needed.
• Ensure compliance with regulatory and internal policies across SA.
• Contribute to new product development and remote operations best practices.
• Mentor junior underwriters to build remote working capabilities.
• Stay updated on industry trends and evolving risks in specialty lines.

Kenntnisse

Specialty lines underwriting

Pricing models

Financial analysis

Negotiation & communication

Regulatory compliance

Mentoring juniors

Ausbildung

Bachelor's degree in Finance/Actuarial/Risk Management

ACII/CPCU designation (advantage)

Jobbeschreibung

About the Role

Our client, a globally recognized insurance powerhouse, is looking for a highly analytical and experienced Senior Underwriter specializing in Specialty Lines to join their fully remote team. This is an exceptional opportunity to leverage your expertise in underwriting complex risks from the comfort of your own home, serving clients across South Africa and potentially beyond. You will be instrumental in evaluating and pricing unique insurance risks, developing innovative underwriting strategies, and managing a portfolio of challenging accounts. The ideal candidate possesses a keen eye for detail, a robust understanding of actuarial principles, and the ability to make sound underwriting decisions in a fast-paced, remote environment. This position is designed for a proactive professional who thrives on independence and contributes significantly to the company's profitability and growth, fully operating remotely.

Key Responsibilities

• Underwrite and price complex specialty lines insurance risks, including but not limited to, Professional Indemnity, Directors & Officers, Cyber Liability, and Construction All Risks.
• Analyze financial statements, market data, and other relevant information to assess risk exposure and determine appropriate terms, conditions, and pricing.
• Develop and maintain strong relationships with brokers and agents, understanding their needs and providing expert underwriting support.
• Collaborate with internal teams, including claims, legal, and product development, to ensure comprehensive risk management strategies.
• Monitor portfolio performance, identify trends, and recommend adjustments to underwriting guidelines and strategies.
• Ensure compliance with all regulatory requirements and internal underwriting policies across South Africa.
• Contribute to the development of new insurance products and solutions tailored to evolving market demands.
• Mentor and guide junior underwriters, sharing knowledge and best practices for remote operations.
• Stay abreast of industry developments, market trends, and emerging risks relevant to specialty lines insurance.

Requirements

• Minimum of 7 years of progressive experience in underwriting, with a strong focus on specialty lines insurance.
• Demonstrated expertise in at least two specialty lines of business (e.g., Professional Indemnity, D&O, Cyber).
• Proven ability to analyze complex risks and develop sophisticated pricing models.
• Excellent negotiation and communication skills, with the ability to articulate underwriting rationale clearly.
• Strong understanding of financial analysis and solvency requirements.
• Self-motivated and disciplined, with the ability to manage workload effectively in a remote setting.
• Bachelor's degree in Finance, Actuarial Science, Risk Management, or a related field.
• Professional designations (e.g., ACII, CPCU) are highly regarded.
• Access to a reliable internet connection and a dedicated home office space conducive to remote work.

Benefits

• Fully remote work arrangement, offering ultimate flexibility and work-life balance.
• Competitive salary commensurate with extensive experience and remote work model.
• Performance-based bonuses and incentive programs.
• Comprehensive health and wellness benefits package.
• Generous annual leave and paid time off.
• Opportunities for continuous learning and professional development through online courses and certifications.
• Access to a global network of insurance professionals.