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  • Posted: Oct 3, 2022
    Deadline: Not specified
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  • Old Mutual was established in Cape Town in 1845 as South Africa's first mutual life assurance society. Our purpose is to help our customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways that will create a positive future for them, their families, their communities and broader society.

     

    Commercial Underwriter

    Job Description

    • Responsible for risk evaluation, pricing and selection / rejection of renewal business for all assigned accounts within the portfolio. Identify business inefficiencies and make recommendations to improve the customer’s experience.
    • Responsible for risk evaluation, pricing and selection / rejection of new and renewal business for all assigned accounts within the portfolio.
    • Analyse commercial lines accounts to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and controls.
    • Use underwriting guidelines and organisational best practices to ensure compliance with guidelines / regulations.
    • Price business according to organisational underwriting and pricing guidelines. Use creativity and underwriting knowledge to write appropriate risks and retain profitable business within delegated authority levels.
    • Partner with Sales to support marketing activities to develop ongoing relationships with brokers to discuss market appetite, quality and profitability of submissions, service standards, and underwriting and/or product changes.
    • Partner with Sales to communicate with customers on underwriting issues including, but not limited to, decisions on cancellations, declinations, exposure concerns, and survey results.
    • Partner with Sales to identify patterns to resolve or improve issues.
    • Participate in customer planning and review processes to identify sales and marketing opportunities.
    • Promote the organisation’s product through customer networks and stay abreast of changes within the industry and at competitors.

    Skills

    Education

    Closing Date

    • 04 October 2022

    Check how your CV matches this job

    Method of Application

    Interested and qualified? Go to Old Mutual South Africa on oldmutual.wd3.myworkdayjobs.com to apply

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