6 Remote Insurance Underwriting Specialist jobs in whatjobs
Remote Insurance Underwriting Specialist
Posted 20 days ago
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The ideal candidate will possess a strong understanding of insurance principles, risk assessment, and financial analysis. You should be adept at reviewing complex documentation, including financial statements, medical records (where applicable), and property reports. Excellent attention to detail, critical thinking skills, and the ability to make sound, objective decisions are essential. Proficiency in insurance underwriting software and CRM systems is highly valued. This position is entirely remote, requiring a dedicated home office setup and a reliable internet connection. You must be a self-starter, capable of managing your workload efficiently and meeting strict deadlines without direct supervision. Our client is committed to providing a supportive remote work environment and offers ongoing training and development opportunities. You will collaborate virtually with brokers, agents, and internal claims departments to ensure smooth policy issuance and risk management. This is an excellent opportunity for an experienced insurance professional looking for flexibility and the chance to contribute significantly to a leading insurance provider in a remote capacity. Your expertise in risk evaluation will be paramount to the company's financial health and sustained success. You will play a key role in maintaining the integrity of the underwriting process.
Responsibilities:
- Evaluate insurance applications to assess risks and determine eligibility.
- Analyze financial, medical, and other relevant data for underwriting purposes.
- Determine appropriate premium rates and coverage limits based on risk assessment.
- Ensure compliance with company underwriting policies and relevant regulations.
- Communicate underwriting decisions and rationale to agents and brokers.
- Identify potential fraudulent applications or misrepresentations.
- Maintain accurate records of underwriting decisions and justifications.
- Collaborate virtually with claims, sales, and actuarial departments.
- Stay updated on industry trends, new products, and changes in regulations.
- Contribute to the refinement of underwriting guidelines and processes.
- Bachelor's degree in Finance, Business Administration, or a related field.
- Minimum of 4 years of experience in insurance underwriting.
- Demonstrated knowledge of risk assessment and insurance principles.
- Strong analytical and quantitative skills.
- Excellent attention to detail and problem-solving abilities.
- Proficiency in underwriting software and MS Office Suite.
- Strong written and verbal communication skills for remote correspondence.
- Ability to work independently and manage time effectively in a remote setting.
- Ethical conduct and sound decision-making capabilities.
- Relevant insurance certifications (e.g., FLMI, AU) are a plus.
Remote Insurance Underwriting Specialist
Posted 20 days ago
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Job Description
Remote Insurance Underwriting Specialist
Posted 20 days ago
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Job Description
Remote Insurance Underwriting Specialist
Posted 20 days ago
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Job Description
Remote Insurance Underwriting Specialist
Posted 6 days ago
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Key Responsibilities:
- Review and evaluate insurance applications for various types of policies (e.g., life, health, property, casualty).
- Assess risks associated with each application, considering factors such as applicant history, medical records, financial stability, and property condition.
- Determine appropriate premium rates and coverage limits based on risk assessment and company guidelines.
- Ensure compliance with all relevant insurance regulations and company underwriting policies.
- Communicate with agents, brokers, and applicants to gather necessary information and clarify details.
- Maintain accurate and up-to-date records of underwriting decisions and policy information.
- Identify and report potential fraudulent activities or suspicious applications.
- Stay informed about industry trends, market conditions, and changes in risk factors.
- Collaborate with claims, actuarial, and legal departments as needed.
- Participate in training and development programs to enhance underwriting skills and knowledge.
- Contribute to the development and refinement of underwriting guidelines.
- Utilize underwriting software and systems effectively.
- Provide guidance and support to junior underwriters or support staff when necessary.
- Analyze portfolio performance and provide insights for risk management strategies.
- Contribute to product development initiatives from an underwriting perspective.
- Bachelor's degree in Finance, Business Administration, Economics, or a related field.
- Minimum of 3-5 years of experience in insurance underwriting.
- Strong understanding of insurance products, risk assessment principles, and underwriting guidelines.
- Excellent analytical, critical thinking, and problem-solving skills.
- Proficiency in using underwriting software and CRM systems.
- High level of accuracy and attention to detail.
- Excellent written and verbal communication skills.
- Ability to work independently and manage workload effectively in a remote setting.
- Relevant professional certifications (e.g., Associate in Underwriting) are highly desirable.
- Familiarity with Kenyan insurance regulations is an advantage.
- Must have a reliable internet connection and a dedicated, professional workspace.
Remote Insurance Underwriting Specialist
Posted 4 days ago
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