Underwriting Specialist at Old Mutual South Africa

Job Description

The successful incumbent will:

• Use specialist technical knowledge to accept risk and/or liability on behalf of the organisation
• Exercise discretion in decision making within standardised practice
• Consider exceptional decisions where there is the need to do so
• Consult and negotiate with the business on risk-related issues
• Coach, mentor and support a group of Underwriters and/or Administrators
• Support a specialised service offering to clients and intermediaries telephonically and via e-mail
• Problem solve, investigate, identify root cause and resolve management queries

KEY RESULT AREAS

Personal Effectiveness

• Accepts and lives the company values
• Accountable for service delivery through own efforts
• Collaborates effectively with others to achieve results
• Individually accountable for managing own time, tasks and output quality
• Broadening individual skills on an ongoing basis

Relationship Building

• Maintains and develops relationships with relevant stakeholders

Risk Management

• Responsible for decision making with high Underwriting limits
• Quality assurance of Underwriters’ work
• Auditing

Role Requirements

• Matric with Biology, Mathematics or Accounting essential
• Minimum R15 000 0000 Individual Life Underwriting limits or R10 000 000 Individual Life Existing Business limits
• A minimum of 5 years experience as an Underwriter in the Financial Service Industry
• Medically aligned degree or degree in Business, Accounting or Statistics would be advantageous
• Experience in coaching and providing technical support would be advantageous
• Line management experience would be advantageous
• Experience in management of technical queries
• Proficient in MS Office i.e. Word, Excel, PowerPoint.
• Availibility to work extra time and on weekends when there is a business need is essential
• Knowledge of Underwriting operations, E.g. distibution of work, MIS etc.
• Well-developed interpersonal skills
• Strong verbal and written communication skills, particularly the ability to have difficult conversations
• Attention to detail
• Customer focused
• Ability to handle confidential information
• Well developed problem solving skills
• Proactive engagement where necessary
• Focused on meeting deadlines and ensure completion of tasks
• Good presentation skills

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit.

Skills

Education

Closing Date

• 18 October 2022