drjobs Team Leader Underwriting

Team Leader Underwriting

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1 Vacancy
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Job Location drjobs

Johannesburg - South Africa

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Lets Write Africas Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Requirements (Experience & Skills):

  • 35 years experience in the Insurance Industry
  • Excellent MS Excel and PowerPoint knowledge and experience
  • Strong attention to detail
  • A benefit will be an accounting qualification or experience.

Manages several underwriting professionals. Reviews and ensures conformance with underwriting policies guidelines and procedures by subordinate underwriters. Recommends changes in underwriting policies and procedures. Underwrites the large or more complex risks or provides final approval for those underwritten by subordinates.

Responsibilities

Underwriting Insurance Cases

Review and underwrite assigned new business and renewal cases within prescribed authority level escalating unusual or complex cases to senior colleagues where appropriate.

Underwriting Automation

Carry out allocated research and analysis to support the development testing and improvement of automated underwriting processes and systems; recommend new functionalities and/or improvements that reduce cost and/or enhance underwriting effectiveness.

Organizational Risk Management

Ensure the organization is not exposed to undue risks by using risk management systems to achieve specific goals within a designated area of the business.

Regulatory and Compliance Management

Investigate all kinds of incidents and reports and provide expert advice to more senior colleagues. Minimize risk exposures and ensure adherence with regulatory standards by working with all internal functions to make sure compliance programs are properly implemented.

Leadership and Direction

Communicate the local action plan; explain how this relates to the functions strategy and action plan and to the broader organizations mission and vision; motivate people to achieve local business goals.

Performance Management

Develop and propose own performance objectives; take appropriate actions to ensure achievement of agreed objectives using the organizations performance management systems to improve personal performance. Or manage and report on team performance; set appropriate performance objectives for direct reports or project/account team members and hold people accountable for achieving them taking appropriate corrective action where necessary to ensure the achievement of team/personal objectives.

Budgeting

Deliver a budget for an area of the organization or conduct complex analyses on budget progress in other areas of the organization.

Document Preparation

Edit document in line with organizational style guidelines and prepare information for publication.

Financial Policies Guidelines and Protocols

Develop and deliver financial guidelines and protocols to ensure the company complies with regulations and good financial practice.

Organizational Capability Building

Use the organizations formal development framework to identify the teams individual development needs. Plan and implement actions to build their capabilities. Provide training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.

Skills

Accounting Budget Management Change Management Data Compilation Executing Plans Financial Acumen Legal Practices Management Reporting Numerical Aptitude Oral Communications Policies & Procedures Presenting Solutions Professional Presentation Risk Management Servant Leadership

Competencies

Action Oriented

Business Insight

Communicates Effectively

Decision Quality

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Education

NQF Level 7 Degree Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

10 April 2025 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!

Employment Type

Full Time

Company Industry

About Company

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