Senior Underwriter
3 days ago
**Job Advert Summary**:
**Purpose of the Job**:
This role reports to the Executive Underwriter. The Senior Life Underwriter is responsible for underwriting life, disability, critical illness, sickness and permanent incapacity cover within agreed underwriting authority limits.
The incumbent will deal with technical and complex underwriting queries and/or complaints providing an excellent service offering. A close relationship with Research & Development to support interdepartmental and wider organizational goals.
**Minimum Requirements**:
**Formal Qualification**:
- Medical Degree or equivalent
**Experience**:
- 6+ years underwriting experience in long term insurance
- 4-5 years insurance industry experience
**Knowledge and Skills**:
- Sound medical & life assurance knowledge
- Fluent in English both written and verbal
- Good computer knowledge - MS Outlook, Excel and Word are necessary
- Must have a mature, disciplined and driven personality
- Ability to work independently as well as being a good team-player with excellent interpersonal skills
- Deadline/target driven, with ability to work under pressure
- Logical and analytical
- Have a skill set that includes good levels of communication (both written & verbal up to senior & executive level), negotiation, analytical and numerical skills
**Competencies**:
- Must use underwriting initiative and discretion in decision making
- Communication skills (written and verbal)
- Business writing skills
- Planning and organizing
- Attention to detail
- Client centricity
- Building and maintaining relationships
- Resilience
**Duties and Responsibilities**:
**Main duties and responsibilities**:
**Process optimization and efficiencies**
- To underwrite cases within the agreed service level agreements.
- Responsible for achieving and maintaining standards in underwriting Life
- Conduct regular audits on underwriting department and ensure standards are maintained
- Provide constructive feedback to underwriting manager/underwriter regarding matters arising
- Assess and authorise cases specific underwriting cases.
- Responsible for financial underwriting to ensure accurate financial underwriting decisions.
- Participation in projects to improve departmental service-owning your role in the project and completing tasks as required by providing input.
**Risk and Compliance**
- Adhere to internal SLA's to ensure operational efficiency and achievement of agreed customer service standards
- Proficient in the assessment and management of underwriting decisions
- Must understand the underwriting environment and general protocols and processes
- Ensure adherence to regulatory and compliance requirements
**People and Culture**
- Checking and Authorization of underwriting decisions in terms of published delegation of authority.
- Collaboration with relevant stakeholders: Research & Development, Member Services and Intermediary Services
- Deal with Arbitration and Ombudsman cases and collaborate with other stakeholder during the Complaints process
- Contribute and assist to review processes and protocols where required to assist in PPS’ delivery of quality underwriting decisions
- Forge strong working relationships with stakeholders
**Knowledge Champion**
- Provide guidance and support to junior underwriters
- Empower team members with transfer of knowledge, be the Underwriting Team SME
- Ensure that own knowledge is kept abreast with industry & regulatory information and changes through various internal and external information sources
- Provide technical information and support
-
Senior Underwriter
2 months ago
Cape Town, South Africa PPS Recruitment Full time**Job Advert Summary**: Reporting into the Technical Executive Underwriter, Senior Life Underwriter will be responsible for underwriting life, disability, critical illness and income protection within agreed underwriting authority limits. The incumbent will also be responsible for risk assessment, policy decisions (changes/cancellation requests) and...
-
Senior Administrator: Underwriting Administrator
7 months ago
Cape Town, South Africa Momentum Corporate Full time**Introduction** **Role Purpose** The senior underwriting administrator will act as the liaison between the underwriter and the client by communicating medical decisions, checking and resolving client queries, arranging fastlane service and completing documents to enable the underwriting process. **Requirements**: - Grade 12 (NQF Level 4) - 5 Years’...
-
Senior Administrator: Underwriting Administrator
6 months ago
Cape Town, South Africa Momentum Corporate Full time**Introduction**Role Purpose** - The senior underwriting administrator will act as the liaison between the underwriter and the client by communicating medical decisions, checking and resolving client queries, arranging fast lane service and completing documentsto enable the underwriting process.**Requirements**: - Grade 12 (NQF Level 4) - 5 Years’...
-
Strategic Underwriting Consultant
1 month ago
Cape Town, Western Cape, South Africa Hire Resolve Full timeHire Resolve is seeking a highly skilled and experienced Strategic Underwriting Consultant to join their team. This role offers an exciting opportunity for professionals looking to excel in the field of underwriting and risk assessment.Job OverviewThe Senior Underwriter will be responsible for evaluating and assessing insurance applications, determining the...
-
Marine Underwriter
7 months ago
Cape Town, South Africa Guardrisk Full time**Introduction** - The role will be to underwrite Marine risks as permitted by underwriting authority and to meet the requirements of the business plans and the strategic targets for premium income, profitability and return on capital as set out by the Company.**Role Purpose** - The role will be to underwrite Marine risks as permitted by underwriting...
-
Commercial Underwriting Team Leader
7 months ago
Cape Town, South Africa Yazoo Recruitment Specialists Full timeSenior Commercial Underwriter with minimum 2 years Team Leader experience and minimum 5 years’ commercial underwriting experience in a Broker environment, required to oversee and guide a team of commercial underwriters for this national Broker Firm based in Cape Town CBD. - Short Term Insurance related qualifications essential - NQF4 / NQF5 or similar -...
-
Specialist Underwriter: Group Risk
1 day ago
Cape Town, South Africa Old Mutual Group Full timeSpecialist Underwriter: Group Risk Apply locations Cape Town time type Full time posted on Posted Yesterday job requisition id JR-61490 Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description The successful incumbent will: - Use specialist technical knowledge to...
-
Financial Risk Manager
2 weeks ago
Cape Town, Western Cape, South Africa The Legends Agency Full timeJob Title: Financial Risk Manager - Case UnderwritingWe are seeking a skilled and detail-oriented individual to join our team as a Financial Risk Manager - Case Underwriting.About The Legends AgencyThe Legends Agency is a fast-growing fintech lending company based in the UK. We specialize in legal cases, working with solicitors at large law firms and...
-
Senior Data Architect for Insurance Underwriting
1 month ago
Cape Town, Western Cape, South Africa Santam Insurance Full timeWe are seeking a highly skilled Senior Data Architect to join our team at Santam Insurance.Job SummaryThis is an exciting opportunity for a motivated and experienced data professional to design, build, and maintain large-scale data architectures in support of underwriting analytics and machine learning initiatives.Key Responsibilities:Design and develop...
-
Senior Commercial Risk Manager
1 month ago
Cape Town, Western Cape, South Africa The Recruitment Council Full timeThe Recruitment Council is seeking a Senior Commercial Risk Manager to join its dynamic team in the hospitality sector. Key Responsibilities:Underwrite applications for a personal lines-based product that includes some commercial elements, specifically public liability and business interruption.Evaluate risks associated with the product offerings.Collaborate...
-
Senior Financial Services Coordinator
3 weeks ago
Cape Town, Western Cape, South Africa The Legends Agency Full timeJob SummaryWe are seeking a skilled Senior Financial Services Coordinator to join our team at The Legends Agency. As an Underwriting Assistant, you will play a crucial role in managing the collation of applications for funding and compiling supporting documentation for review by the underwriting team.About UsOur client is a fast-growing fintech lending...
-
Senior Risk Management Specialist
1 month ago
Cape Town, Western Cape, South Africa JenRec Recruitment Full timeAbout the Role:As a Senior Risk Management Specialist, you will be responsible for underwriting a range of products including personal lines, commercial lines, engineering, liability, and transport.The ideal candidate will leverage their technical risk knowledge to maintain high service standards while providing exceptional client service with a proactive...
-
Senior Risk Surveyor
7 days ago
Cape Town, South Africa Santam Full timeWhat will you do? This career opportunity is available at Santam Commercial Underwriting, Survey Department for a Senior Surveyor dedicated to the Privé department and to be based in Cape Town. Conducting desk top and physical surveys. Review surveys & QA completed reports by all surveyors (Specific to Prive accounts ( Risk Exposures R250m and above) What...
-
Senior Financial Analyst
3 weeks ago
Cape Town, Western Cape, South Africa The Legends Agency Full timeAbout The Legends AgencyWe are a fast-growing fintech lending to small and medium-sized businesses in the UK.Salary & BenefitsThe successful candidate will be remunerated between R20k - R30k per month, depending on experience. This is a competitive salary for a Junior Underwriter role in Cape Town.Job DescriptionWe are looking for a skilled Junior...
-
Senior Risk Analyst
2 weeks ago
Cape Town, Western Cape, South Africa The Legends Agency Full timeJob SummaryWe are seeking a highly skilled Senior Risk Analyst to join our team at The Legends Agency. As an Underwriting Assistant, you will play a vital role in managing the collation of applications for funding and compiling supporting documentation for review by the underwriting team.About UsThe Legends Agency is a fast-growing fintech lending company...
-
Financial Services Coordinator
2 days ago
Cape Town, Western Cape, South Africa The Legends Agency Full timeAbout Us">The Legends Agency is a leading fintech company that specializes in legal cases. We are committed to providing innovative solutions to our clients, and we are seeking an experienced Underwriting Assistant to join our team.">Job Title: Underwriting Assistant">We offer a competitive salary of R30k - R40k per month, depending on suitability.">Key...
-
Senior Insurance Risk Manager
2 weeks ago
Cape Town, Western Cape, South Africa JenRec Recruitment Full timeAbout the Role:We are seeking a skilled Commercial Underwriter to join our team at JenRec Recruitment. In this exciting role, you will be responsible for underwriting a range of products, including personal lines, commercial lines, engineering, liability, and transport.You will leverage your technical risk knowledge to maintain high service standards,...
-
Risk Management Coordinator
4 weeks ago
Cape Town, Western Cape, South Africa The Legends Agency Full timeAbout The Legends AgencyWe are a dynamic fintech lending company based in the UK, specializing in legal cases. Our team is dedicated to delivering innovative solutions and exceptional service.Job OverviewWe are seeking an experienced Underwriting Assistant to join our team. As an Underwriting Assistant, you will play a critical role in managing complex...
-
Cape Town, Western Cape, South Africa Santam Insurance Full timeJob Title: Senior Financial AccountantSenior Financial Accountants are required to manage the financial aspects of outwards reinsurance. This role involves executing all financial tasks, including accounting for reinsurance transactions and preparing financial reports.About the RoleA position for a Senior Financial Accountant exists at Santam Re &...
-
Credit / Loans Officer
7 months ago
Cape Town, South Africa Job Crystal Full time**DUTIES AND RESPONSIBILITIES** - Responsible for full credit assessment of applicants - Responsible for completing all necessary credit and reference checks as required by the product type - Responsible for achieving performance targets and maintaining performance standards within the turn-around times agreed with stakeholders within the business -...