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  • Posted: Mar 24, 2020
    Deadline: Not specified
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    At Guardrisk we have only one purpose: To be of service to our clients. Our Vision: To provide value-added and cost-effective insurance and alternative risk transfer solutions. To employ professionals with a passionate commitment to service excellence. To network internationally and forge world-class partnerships. Our Values: We hold ourselves accountable...
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    Group Life Underwriter

    Specific Duties and Responsibilities

    • Proper selection and assessment of risk and effective control of the processes
    • Processing of medical requirements, assessment of requirements and approval of underwriting decisions in line with agreed underwriting guidelines and recommendations within the agreed service levels
    • Ensuring that Underwriting disciplines, standards, practices, procedures and decision making processes (and systems) used by the administrators and reinsurers are adequate to effectively and profitably deliver on the strategic objectives and effective service levels
    • Liaising and interacting with internal and external stakeholders including Administrators and cell owners
    • Drafting and review of required documents within agreed turnaround times
    • Ensuring the processes leading to Policy renewals are done in time by the relevant teams (Portfolio Managers and Actuarial team) in order to issue endorsements on time.
    • Awareness of confidently is adhered to at all times by all parties
    • Product development processes including the development and/or enhancement of new and/or existing policies in accordance with all applicable insurance laws and regulations
    • Being responsible for periodic underwriting audits to ensure adherence to acceptable business practice and underwriting procedures within acceptable levels
    • Being responsible for recording of all activities and reports done by the underwriting team
    • Assist the Head Underwriter with ad-hoc projects and providing guidance on training material.

    Qualifiations & Experience

    • Matric/ Equivalent
    • B.Comm degree advantageous
    • 5 years or more Life Underwriting Experience
    • Sound Knowledge of statutory and legislative requirements
    • Working Knowledge of all MS Office Applications
    • Successful Knowledge and applications of the CCI and PPR reagulations
    • Successful Knowledge and application of Insurance Legislation

    Method of Application

    Interested and qualified? Go to Guardrisk on www.linkedin.com to apply

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