Underwriters at Sanlam Private Wealth

Job description

Job Grade 9/10

Position Description

We are looking to appoint experienced Underwriters at any of our Cape Town / Johannesburg or Pretoria branches. These positions guarantee long term career benefits and career satisfaction.

Key Responsibilities

• Underwrite risk Business applications with respect to medicals, occupation and part-time activities according to competency levels.
• Escalate sub-standard cases.
• Underwrite standard rate cases with or without medical reports.
• Request medical and/or limit requirements.
• Placement of cases according to Reassurance treaty and related guidelines.

Minimum Requirements

Applicants must work a minimum of 19 compulsory overtime hours per month.

Qualification

• Grade 12 with Biology/Life Orientation and Mathematics / Accountancy / Financial accountancy as subject.
• Relevant qualification will be advantageous

Experience

• Medical and/or Financial underwriting experience of at least 5 years
• Bilingual (English and Afrikaans)

Knowledge

• Underwriting processes
• Application of underwriting- and re-insurance policy
• Understand medical terminology (anatomy and physiology)
• Knowledge of prognosis of medical conditions
• In-depth knowledge and understanding of Financial Statements and Questionnaires
• Knowledge of financial underwriting and business insurance is compulsory
• Computer literate and use of relevant Underwriting software/programs

Competencies

• Analytical Thinking
• Information gathering
• Adaptability
• Communication (Fully bilingual English & Afrikaans)
• Customer Service
• Decision Making
• Result Driven

Promoting excellence and commitment towards Employment Equity.