Underwriter: Sanlam Risk & Savings at Sanlam Group

Purpose of the role

The role of the underwriter is to assess the risk of our clients based on their medical and financial status.

What will you do?

Core Tasks/ Outputs:

• Underwrite risk applications with respect to medicals, occupation, and part-time activities.
• Underwrite sub-standard cases.
• Underwrite business insurance (Buy and Sell, Key Person etc.).
• Request medical and financial requirements and/or limit requirements.
• Placement of cases according to reassurance treaty and related guidelines

Role Requirements

Qualifications:

• Grade 12.
• Relevant qualification will be an advantage.

Experience: 

• At least 3 years medical and/or financial underwriting experience.
• Experience in underwriting processes will be an advantage.
• Exposure to financial underwriting and business insurance will be an advantage.
• Exposure to underwriting software/programs will be an advantage.
• Exposure to the application of underwriting and re-insurance policy will be an advantage.

Knowledge: 

• Knowledge of prognosis of medical conditions.
• Understand medical terminology (anatomy and physiology).
• In-depth knowledge and understanding of financial statements and questionnaires.

Competencies:

• Communicates effectively
• Good presentation skills
• Business insight
• Decision quality
• Analytical thinking
• Cultivates innovation
• Plans and aligns
• Concern for accuracy
• Customer focus
• Collaborates
• Drives engagement
• Drives results
• Team success
• Being resilient
• Tech savvy