Life Underwriter

2 weeks ago


Johannesburg, South Africa FirstRand Full time

Job Description

Dear Future, Life Underwriter

Are you someone who can:

- Manage medical, occupation, part
- time activities, travel & Financial Underwriting standard and substandard cases for: Disability and Critical Illness Underwriting, Income Protection, Business Cover, Group Risk, Alterations & Queries
- Ensure placement of cases according to reinsurance treaty and internal guidelines
- Liase with planners/ Business Development Manager on special terms, queries, presales and underwriting refreshers sessions with the front liners
- Ensure resolution of underwriting enquiries & cases
- Participate Chief Medical Officer sessions and other Underwriting training presentations (i.e, Case Studies, Sales training)
- Ensure Underwriting - medical queries and tasks allocated are resolved timely and effectively by providing first time resolution on enquiries.
- Ensure accurate completion of documentation as per departmental guidelines to meet client needs and effectively utilise IT systems to ensure accuracy of documentation.
- Ensure adherence to organisational best practice and legislative requirements. Adhere to policies and procedures and take corrective action where necessary.
- Ensure all risks to the company are mitigated, identified and escalated where necessary.
- Maintain product knowledge to respond to customer queries effectively and accurately.
- Stay abreast on industry regulations, trends and best practices in underwriting.
- Approve and countersign cases above the acceptance limits of the underwriter.
- Provide fair and balanced underwriting decisions using the appropriate amount of evidence necessary
- Minimum: Grade 12 (NQF Level 4)
- Preferred qualification: Relevant undergraduate degree and Fit & Proper requirements for long term insurance category B1 for advice
- 3 - 5 Years of proven experience as an underwriter in the life insurance industry
- A proven working knowledge of Lump Sum Disability and Critical Illness, Income Protection, Business Cover and Group Risk
- Knowledge of insurance products, regulations, and underwriting guidelines and current practices
- Experience working with underwriting systems and tools
- Be competent in interpretation of doctors' reports, medical results and risk - linked to abnormalities of these.
- Assessment of medical, financial & occupational underwriting risk of an organisation.
- Proven experience as an underwriter in the life insurance industry

You will have access to:

- Opportunities to network and collaborate
- A challenging working environment
- Opportunities to innovate

We can be a match if you are:

- Adaptable and curious
- Have a proven successful sales track record.
- Thrive in a collaborative environment- Are you interested to take the step? We look forward to engaging with you

Job Details

Application Closing Date

23/05/24


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