Group Underwriter

3 days ago

Cape Town, South Africa Prudential Full time

Job Classification:
Operations - Insurance Operations

The Group Underwriter is accountable for underwriting Group Life, Disability or Voluntary proposals and/or inforce activity in accordance with statutory regulations and existing underwriting policies and practices, assessing risk and making and communicating decisions in a manner which contributes to the profitability of the product and reputation of the company.

Main Job Responsibilities:

- Assesses, calculates, and specifies the conditions under which Prudential is willing to accept risk for prospective and in-force customers. This includes, but is not limited to, the review and analysis of risk criteria, demographic data, financial data, rating formulas, case specific experience, product filings and statutory requirements.
- Generally able to handle a medium volume of low to medium complexity cases with mínimal assistance on cases.
- Can more independently prioritize and balance multiple competing priorities with limited guidance.
- Independently communicates with internal partners.
- Creates accurate offers, standard experience reports and/or evaluations, and projections for assigned accounts. Developing business acumen for decision making and problem solving and building knowledge of the organization, processes, and customers.
- Maintains updated records and case files in accordance with underwriting and records policies & procedures.
- May contribute to projects

Qualifications:

- Group Life and/or Disability experience, preferably 2+ years
- Bachelor’s degree or equivalent work experience
- MS Office expertise; specifically Excel & PowerPoint
- Previous experience with rating tools (PRIME) a plus
- Ability to work independently
- Strong time management and organizational skills
- Ability to prioritize work with limited oversight
- Strong financial acumen
- Results and profit oriented

*Note: Prudential is required by **Colorado **law to include the salary range for this role when hiring a **Colorado **resident.

RSRPRUD

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

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