Senior Insurance Analyst (Remote)

Placements24; Gauteng; Hybrid; ZAR 700,000 - 1,100,000; Full time

Benefits offered by this job

Fully remote work

Medical insurance

Professional development

Job summary

Placements24 is seeking a Senior Insurance Analyst to join a fully remote team and provide in-depth market analysis, financial modeling, and strategic insights. You will forecast performance, assess profitability, and evaluate new product initiatives while collaborating with underwriting, sales, and finance.

The role requires 5–7 years in analytics within insurance, strong data skills (Excel, SQL, BI tools), and a quantitative degree.

Qualifications

• 5–7 years in an analytical role, preferably within the insurance industry.
• Strong Excel, SQL and BI tooling experience.
• Bachelor's or Master's in a quantitative field (Finance, Economics, Statistics, Actuarial).

Responsibilities

• Analyze insurance market dynamics, competitor activities, and regulatory changes.
• Develop and maintain financial models to forecast performance and evaluate new product initiatives.
• Prepare reports for senior management with key findings and strategic recommendations.
• Collaborate remotely with underwriting, sales, and finance to provide analytical support.
• Identify KPIs and monitor performance against strategic objectives.
• Contribute to data-driven strategies to drive growth and efficiency.

Skills

Data analysis

Forecasting

Communication

Independent work

Education

Bachelor's or Master's in Finance/ Economics/ Statistics/ Actuarial Science

Tools

Excel

SQL

Tableau

Power BI

Job description

About the Role

Our client is looking for a highly skilled and analytical Senior Insurance Analyst to join their fully remote team. This position is integral to providing critical insights into market trends, product performance, and financial viability within the insurance sector . You will leverage data analytics and financial modeling to support strategic decision-making, identify opportunities for growth, and mitigate potential risks. This is an excellent opportunity for a seasoned analyst to make a significant impact from a remote location, contributing to the company's success through robust data interpretation and strategic recommendations, working within a forward-thinking, digitally connected organization that values expertise and data-driven strategies.

Key Responsibilities

• Conduct in-depth analysis of insurance market dynamics, competitor activities, and regulatory changes.
• Develop and maintain financial models to forecast performance, assess profitability, and evaluate new product initiatives.
• Prepare comprehensive reports and presentations for senior management, highlighting key findings, trends, and strategic recommendations.
• Collaborate remotely with various departments, including underwriting, sales, and finance, to provide analytical support and insights.
• Identify key performance indicators (KPIs) and monitor business performance against strategic objectives.
• Contribute to the development and implementation of data-driven strategies to enhance business growth and operational efficiency.

Requirements

• Minimum of 5-7 years of experience in an analytical role, preferably within the insurance industry .
• Strong proficiency in data analysis tools and techniques, including advanced Excel, SQL, and ideally a BI tool (e.g., Tableau, Power BI).
• Experience with financial modeling, forecasting, and statistical analysis.
• Excellent written and verbal communication skills, with the ability to present complex data clearly and concisely.
• Demonstrated ability to work independently and manage multiple projects effectively in a remote environment .
• Bachelor's or Master's degree in Finance, Economics, Statistics, Actuarial Science, or a related quantitative field.

Benefits

• A competitive annual salary and potential for performance-based bonuses.
• Fully remote working arrangement, offering exceptional flexibility and autonomy.
• Comprehensive medical, dental, and vision insurance plans.
• Generous paid time off and opportunities for professional development and training.
• Access to cutting-edge analytical tools and resources in a digitally advanced workplace.