Underwriter
Underwriter
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Not Disclosed
Salary Not Disclosed
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:
- Matric and/or equivalent
- Relevant insurance related qualifications.
- Regulatory Examination (RE)
- 2 3 years experience in commercial underwriting
Responsibilities
Underwriting Insurance Cases
Review new business and renewal proposals to ensure acceptability and completeness of underwriting and rating information providing price quotations for underwriters and referring unusual or complex cases to senior colleagues.
Underwriting Automation
Carry out allocated research and analysis to support the development validation and improvement of automated underwriting processes and systems.
Organizational Risk Management
Gather monitor and analyze risk data and recommend further investigation. Involves using established risk management models systems and protocols and working under direction.
Regulatory and Compliance Management
Carry out a wide range of compliance monitoring activities and give basic advice on compliance and regulatory requirements.
External Communications
Use the external communications system to access and supply specific information.
Recommendations
Provide information and clarification on existing procedures processes and precedents.
Document Preparation
Prepare moderately complex documents using a variety of applications for technology devices such as standard office software. Also responsible for gathering and summarizing data for reports.
Operational Compliance
Develop knowledge and understanding of the organizations policies and procedures and of relevant regulatory codes and codes of conduct to ensure own work adheres to those standards. Obtain authorization from a supervisor or manager for any exceptions from mandatory procedure.
Personal Capability Building
Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching. Develop and maintain an understanding of relevant technology external regulation and industry best practices through ongoing education attending conferences and reading specialist media.
Skills
Action Planning Computer Literacy Data Compilation Data Controls Default Risk Insurance Product Management Insurance Sales Legal Practices Management Reporting Numerical Aptitude Oral Communications Professional Presentation Risk Based Pricing Risk Management Underwriting ManagementCompetencies
Action OrientedCollaboratesCommunicates EffectivelyEnsures AccountabilityInstills TrustManages ComplexityOptimizes Work ProcessesPlans and AlignsEducation
NQF Level 3 & NQF Level 2 Below school leavingClosing Date
10 April 2025 23:59The 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
