Underwriter Mark 1
Underwriter Mark 1
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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
naUnder general direction assess complex situations that involve greatest risk. Within company guidelines approve or deny applications in consultation with Senior Underwriter. Select and accept major risks on behalf of the company evaluating proposals/limits rather than mechanistic assessment. May supervise underwriting assistants.Select and accept major risks on behalf of the company evaluating limits
Preparation of quotations in response to proposals received for credit insurance cover
Issuing of policy documents in respect of accepted quotations.
Endorsements issued according to user guide/ISO procedure manual
Reviewing of existing policies on a regular basis and to assess credit risks.
Issue limits in accordance with user guide/ISO procedure manual Ensuring smooth administration.
Within set time limits attend to emails and telephone calls received from branches policyholders brokers and other parties
Complete reviews in accordance with user guide/ISO procedure manual Continuous improvement to ensure effective service
Ensure statutory and legislative knowledge is always current in order to resolve customer complaints to advise the business on corrective solutions to mitigate risks and to improve the customer experience whilst complying with governance requirements.
Ensure adherence to organisational policies practices and procedures
Identify solutions to enhance cost effectiveness and increase operational efficiency Service delivery to ensure customer satisfaction
Maintain service quality and desired outputs within a specific functional process through ensuring compliance to tactical policies procedures and standards.
Establish productive operational relationships with key stakeholders in the various channels and administrative teams.
Develop work routines in line with operational plans / schedules in order to manage achievement of service delivery goals.
Share knowledge on and participate in the creation of new standards control systems and procedures to maintain service delivery.
Cost control and governance adherence Proactively ensure use of time of resources money materials or equipment is in line with policies and procedures.
Comply with corporate governance policies procedures and standards. Operate within agreed mandates
Quality people practices
Align own behaviour with the organisation culture and values.
Share and transfer product process and systems knowledge to colleagues.
Ensure achievement of own performance objectives.
Actively share information with other team members regarding successes issues trends and ideas.
Actively participate in own professional development and career path.
Actively promote a culture of learning and high performance culture amongst team members
Experience Knowledge Skills Required
Applicants must have Matric
Must have a tertiary qualification in Commerce (NQF Level 6-7 or equivalent) or studying towards a Commercial Degree in Finance
Applicants must have passed the relevant Underwriter Technical Test
Minimum of 2 years proven excellent client service
Proficiency in Excel
Applicants must have a valid Code 8 Drivers License
The successful applicant should be able to manage a large workload and deliver within the time restraints
Good communication skills are essential
Skills
Action Planning Compliance Software Computer Literacy Crisis Management Data Compilation Data Controls Legal Practices Management Reporting Numerical Aptitude Oral Communications Professional Presentation Regulatory Compliance Management Risk Management Underwriting ManagementCompetencies
Action OrientedBusiness InsightCollaboratesCommunicates EffectivelyDecision QualityEnsures AccountabilityFinancial AcumenInstills TrustEducation
NQF Level 5 - Higher Advance or Occupational Certificate or equivalentClosing Date
04 August 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
