Chief Underwriter

Fnb South Africa; Johannesburg; On-site; ZAR 1,500,000 - 2,100,000; Full time

Job summary

FNB South Africa seeks an exceptional Chief Underwriter to lead underwriting governance, risk assessment, and sustainable growth for the life insurance division. You will shape underwriting policy, mentor teams, and influence senior stakeholders to drive value while maintaining sound risk governance.

You will collaborate with reinsurers, distribution partners, and industry bodies to deliver excellence in underwriting analytics and governance across the organization.

Qualifications

• Experience leading underwriting teams in life insurance.
• Strong knowledge of risk assessment and governance.
• Proven stakeholder engagement with reinsurers.

Responsibilities

• Provide strategic leadership for underwriting governance across the business.
• Lead and develop a high-performing underwriting function.
• Drive underwriting innovation and modernisation to improve efficiency and risk management.
• Partner with business, actuarial, medical, reinsurance, product, and distribution teams.
• Represent the organisation in engagements with reinsurers and industry bodies.
• Provide expert oversight on complex underwriting decisions and trends.
• Ensure compliance with regulatory requirements and governance frameworks.

Skills

Strategic leadership

Underwriting governance

Risk assessment

Stakeholder management

Leadership

Regulatory compliance

Education

Matric

Bachelor's degree

Postgraduate qualification

Job description

Job Description

To manage, plan and control the underwriting division by applying knowledge and expertise in systems, market interface and the financial implications of risks

Hello Future Chief Underwriter

Welcome to FNB, the home of the #changeables.

At FNB, we design for the shapeshifters, the thinkers, and the innovators who continuously challenge the status quo. We are looking for an exceptional underwriting leader to join FNB Life and help shape the future of risk assessment, underwriting governance, and sustainable business growth.

As Chief Underwriter, you will play a critical leadership role in driving underwriting excellence, guiding risk management practices, influencing strategic business decisions, and ensuring the effective delivery of underwriting capabilities across the business.

You will work alongside senior leaders, reinsurers, distribution partners, and industry stakeholders to support our growth ambitions while maintaining sound risk governance.

Are You Someone Who Can

• Provide strategic leadership for underwriting philosophy, governance, and risk selection practices across the business.
• Lead and develop a high-performing underwriting function that delivers exceptional customer and business outcomes.
• Drive underwriting innovation and modernisation to improve efficiency, customer experience, and risk management.
• Partner with business, actuarial, medical, reinsurance, product, and distribution teams to support profitable growth.
• Represent the organisation in engagements with reinsurers, industry bodies, and key stakeholders.
• Provide expert oversight on complex underwriting decisions and emerging underwriting trends.
• Ensure compliance with regulatory requirements, governance frameworks, and risk management standards.
• Develop future underwriting capability through mentorship, succession planning, and technical leadership.
• Deliver insightful management information and underwriting analytics to support executive decision-making.
• Foster a culture of continuous improvement, accountability, and customer-centricity.

Minimum Qualification

• Matric
• Relevant Bachelor's degree/ Diploma would be advantageous
• Postgraduate qualification will be advantageous

Experience

• Minimum 10 years' life insurance underwriting experience including leading Underwriting teams.
• Significant experience in medical underwriting and risk assessment.
• Proven leadership experience within a senior underwriting environment.
• Experience engaging with reinsurers and managing underwriting governance frameworks.
• Demonstrated ability to influence business strategy and support organisational growth objectives.

You Will Have Access To

• Opportunities to shape the strategic direction of underwriting within one of South Africa's leading financial institutions.
• Collaboration with industry-leading specialists and senior executives.
• A culture of innovation, learning, and continuous development.
• Meaningful opportunities to influence customer outcomes and business growth.

We Can Be a Match If You Are

• A strategic thinker with strong commercial acumen.
• Curious about platform modernisation, adaptable, and passionate about continuous improvement.
• An influential leader who develops others and builds strong stakeholder relationships.
• Comfortable navigating complexity and making sound decisions in a dynamic environment.
• Committed to balancing business growth with prudent risk management.

#ChangeablesAreWelcome

#post

#fnb

Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

15/09/26

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 for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.