Chief Underwriter & Risk Strategy Leader

FirstRand Life Assurance Ltd

Johannesburg

On-site

ZAR 2,500,000 - 3,500,000

Full time

14 days+
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Job summary

FirstRand Life Assurance Ltd invites a seasoned Chief Underwriter to lead the underwriting division, shaping risk assessment and governance across the business. You will guide a high‑performing team and partner with actuarial, medical, risk, product, and distribution groups to support profitable growth.

This role requires strategic thinking, strong commercial acumen, and proven leadership in a complex financial services environment.

Qualifications

  • Minimum qualification matric.
  • Relevant Bachelor's degree; postgraduate qualification will be advantageous.
  • 10+ years' life insurance underwriting experience including leading Underwriting teams.

Responsibilities

  • Provide strategic leadership for underwriting governance 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.

Skills

Strategic leadership
Underwriting leadership
Risk assessment
Governance
Stakeholder engagement

Education

Bachelor's degree
Postgraduate qualification

Job description

FirstRand Life Assurance Ltd invites a seasoned Chief Underwriter to lead the underwriting division, shaping risk assessment and governance across the business. You will guide a high‑performing team and partner with actuarial, medical, risk, product, and distribution groups to support profitable growth.

This role requires strategic thinking, strong commercial acumen, and proven leadership in a complex financial services environment.

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