Executive Underwriter at Momentum Metropolitan Holdings Limited

Role Purpose    

• Evaluate, review and analyse insurance applications and screen applicants against set criteria in order to determine client risk and provide recommendations on approval or rejection of applications.

Requirements    

• B-Degree in Business, Finance, or related field
• Grade 12 or equivalent qualification
• 3-5 years underwriting experience
• Experience in financial services
• Knowledge of relevant legislation and provisions
• Knowledge of relevant underwriting software
• Knowledge of underwriting principles and guidelines
• Knowledge of underwriting application process

Duties & Responsibilities    

INTERNAL PROCESSES

• Analyse and evaluate insurance applications against set criteria in order to determine the clients risk to the business.
• Contact relevant stakeholders, such as medical personnel, to obtain information relevant to the clients application, such as background and financial status.
• Make recommendations on the clients application and determine if this should be approved or rejected based on set criteria.
• Maintain detailed records of policies underwritten and decisions made in line with organisational policies and relevant legislation.
• Escalate client applications as and when necessary where risk is uncertain or approval and rejection is unclear.
• Maintain internally set service level agreements to ensure applications are processed timeously.

CLIENT

• Provide authoritative, expertise and advice to clients and stakeholders.
• Build and maintain relationships with clients and internal and external stakeholders.
• Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed.
• Make recommendations to improve client service and fair treatment of clients within area of responsibility.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.

PEOPLE

• Positively influence and participate in change initiatives. Develop and maintain productive and collaborative working relationships with peers and stakeholders.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.
• Take ownership for driving career development.

FINANCE

• Contribute to the financial planning process within area.
• Identify opportunities to enhance cost effectiveness and increase operational efficiency.
• Manage financial and other company resources under your control with due respect.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

Competencies    

• Analytical skills
• Communication skills
• Attention to detail
• Interpersonal skills
• Planning and organising skills
• Prioritisation skills

Closing Date    

• 2026/08/26