Senior Remote Life Insurance Underwriter

Placements24; Mbombela (Nelspruit); Hybrid; ZAR 420,000 - 680,000; Full time

Benefits offered by this job

Remote work

Home office setup allowance

Competitive salary

Medical aid and retirement fund

Professional development

Job summary

Placements24 is seeking a dedicated Remote Underwriting Specialist for the life insurance sector. Join a team that evaluates risk, sets terms and premiums, and collaborates with agents and brokers from a fully remote setup in South Africa.

The role requires 4+ years of underwriting experience, strong medical knowledge, and proficiency with underwriting software. Certifications like LOMA or FALU are advantageous, and a related bachelor's degree is preferred.

Qualifications

• Minimum 4 years in life insurance underwriting.
• Strong understanding of medical terminology and risk assessment.
• In-depth knowledge of life insurance products and underwriting guidelines.
• Proficiency with underwriting software and systems.
• Certifications in underwriting (LOMA, FALU) advantageous.
• Bachelor's degree preferred.

Responsibilities

• Review and analyze life insurance applications, including medical history and financial information.
• Assess applicant risks based on established underwriting guidelines and medical knowledge.
• Determine policy terms, conditions, and premiums while ensuring profitability.
• Request and evaluate additional information such as medical reports and statements.
• Communicate underwriting decisions with agents, brokers, and clients.
• Identify and manage complex cases requiring specialized review.
• Maintain accurate case files and documentation.
• Stay updated with changes in medical advancements and regulatory requirements.
• Contribute to ongoing improvements of underwriting processes and guidelines.
• Ensure timely case processing and adherence to service standards.

Skills

Analytical skills

Decision-making

Communication skills

Interpersonal skills

Negotiation skills

Remote work capability

Education

Bachelor's degree in a related field

LOMA/FALU certification advantageous

Tools

Underwriting software

Job description

Placements24 is seeking a dedicated Remote Underwriting Specialist for the life insurance sector. Join a team that evaluates risk, sets terms and premiums, and collaborates with agents and brokers from a fully remote setup in South Africa.

The role requires 4+ years of underwriting experience, strong medical knowledge, and proficiency with underwriting software. Certifications like LOMA or FALU are advantageous, and a related bachelor's degree is preferred.