Remote Underwriting Underwriter

Placements24; Polokwane; Hybrid; ZAR 420,000 - 660,000; Full time

Benefits offered by this job

Fully remote work

Flexible work arrangements

Health insurance support

Professional development opportunities

Performance-based bonuses

Job summary

Placements24 is seeking an experienced insurance underwriting professional for a fully remote role in South Africa. You will assess risk, determine coverage terms, and set premiums in line with underwriting guidelines to protect profitability.

The position requires at least 3 years of underwriting experience, strong analytical and communication skills, and proficiency with underwriting software. A remote-friendly environment supports flexible work styles and ongoing professional development.

Qualifications

• Minimum of 3 years of experience in insurance underwriting.
• Ability to assess and underwrite various insurance risks.
• Strong understanding of insurance products and underwriting principles.
• Excellent communication and interpersonal abilities.
• Experience with underwriting software and remote work tools.

Responsibilities

• Review and analyze insurance applications to assess risk factors.
• Determine eligibility for coverage and set terms and premiums.
• Interpret policy wording and underwriting manuals for guidelines.
• Communicate underwriting decisions with agents, brokers, and policyholders.
• Maintain accurate records of underwriting activities and decisions.
• Collaborate with sales and claims teams to provide support.
• Stay updated with industry regulations and best practices.
• Identify emerging risks and contribute to process improvements.
• Uphold excellent customer service throughout underwriting.

Skills

Analytical thinking

Communication skills

Decision making

Independent work

Remote collaboration

Education

Underwriting certifications (advantage)

Tools

Underwriting software

MS Office

Job description

About the Role

Our client, a distinguished leader in the insurance sector, is seeking a meticulous and experienced Underwriting Underwriter to join their fully remote team. This role is essential for assessing and evaluating insurance risks to ensure our client's portfolio remains profitable and well-managed. The successful candidate will be responsible for analyzing applications, determining coverage, and setting appropriate premium rates, all while adhering to stringent underwriting guidelines. As a remote-first organization, we foster a collaborative and supportive virtual environment, empowering our team members with the flexibility to excel from anywhere in South Africa. This is an excellent opportunity for a dedicated underwriting professional to contribute to a reputable company that values expertise, efficiency, and employee well-being. You will play a vital role in safeguarding the company's financial health through sound underwriting decisions.

Key Responsibilities

• Review and analyze insurance applications to assess risk factors and potential exposures.
• Determine eligibility for coverage and set appropriate policy terms, conditions, and premiums.
• Interpret policy wording and underwriting manuals to ensure accurate application of guidelines.
• Communicate effectively with agents, brokers, and policyholders regarding underwriting decisions and requirements.
• Maintain accurate and organized records of underwriting activities and decisions.
• Collaborate with internal teams, including sales and claims, to provide underwriting support.
• Stay current with industry trends, regulations, and best practices in underwriting.
• Identify and report on emerging risks and trends within the underwriting portfolio.
• Contribute to the continuous improvement of underwriting processes and efficiencies.
• Uphold the company's commitment to excellent customer service throughout the underwriting process.

Requirements

• Minimum of 3 years of experience in insurance underwriting.
• Proven ability to accurately assess and underwrite various types of insurance risks.
• Solid understanding of insurance products, policy structures, and underwriting principles.
• Strong analytical, critical thinking, and decision-making skills.
• Excellent communication and interpersonal abilities.
• Proficiency in underwriting software and common office productivity tools.
• Ability to work independently, manage time effectively, and maintain productivity in a remote environment.
• Detail-oriented with a strong commitment to accuracy and compliance.
• Relevant underwriting certifications are an advantage.
• Must have a reliable internet connection and a dedicated home office space.

Benefits

• Competitive annual salary of R .
• Fully remote position offering maximum work-life balance and flexibility.
• Opportunities for professional development and training.
• Comprehensive health insurance package.
• Retirement savings plan.
• Performance-based bonuses.
• Supportive virtual team environment.