Underwriting Strategist

Description

To drive the successful delivery of underwriting functions and promote the Company's underwriting philosophy and strategy, we seek an Underwriting Specialist to join our team. The successful candidate will provide leadership, support, and guidance to the medical underwriting team, ensuring compliance with goals, objectives, and standards of the organisation.

1. Provide leadership and support to the medical underwriting team to ensure compliance with organisational goals and objectives.
2. Review and ratify underwriting business processes to ensure alignment with the Underwriting Management Team's strategy.
3. Maintain and govern underwriting processes for the Underwriting Department.
4. Operate within regulatory frameworks and identify and escalate any risks to the business.
5. Support Underwriting Managers with their role objectives as needed.
6. Research and maintain awareness of market conditions, practice, and legislation, making recommendations to maximise business performance.
7. Lead or support defined pieces of work end-to-end within agreed timelines.
8. Proactively identify areas for process improvement and efficiency enhancements.
9. Support other key tasks within the Underwriting Operations Team, such as reinsurance maintenance, reporting, auditing, and the wider Underwriting Department.
10. Assess medical, financial, and occupational underwriting risk.
11. Assess complex and commercial cases within agreed KPI targets.
12. Create business practice guidelines.
13. Create, implement, review, test, and maintain medical underwriting rules and questions.
14. Manage relationships with re-insurance treaty partners.
15. Implement Re-insurer guidelines and requirements.
16. Assist with ad-hoc letters, non-disclosure letters, and communicating changes in standards.
17. Provide input to Lead Underwriting on Ombudsman cases, high-priority, CEO, and media complaints.
18. Onboard, train, mentor, and coach Underwriters.
19. Train and support Underwriting, Advisory, and Call Centre teams.
20. Provide retrospective underwriting decisions at claims stage.
21. Conduct and recommend Limit reviews for Underwriters.
22. Assist with/ conduct periodic quality assurance reviews for in-force policies.
23. Handle complex technical queries.
24. Work with Underwriting Data Specialists to translate underwriting philosophy into underwriting practice.

Job Details

Please note that applications will not be accepted after the closing date indicated below. Kindly submit applications ahead of the closing date.

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless required by law to disclose it to other parties.