Chief Underwriting Officer: Lead Specialty Risk & Pricing

Old Mutual Insure Limited; Johannesburg; On-site; ZAR 1,200,000 - 1,800,000; Full time

Job summary

Old Mutual Insure Limited invites a seasoned leader to head the Lead Specialty underwriting function. The role focuses on establishing practical underwriting standards, controls and capabilities to deliver sustainable risk-adjusted returns.

You will guide executive business-line leaders with objective technical challenge, while preserving accountability for commercial outcomes. Responsibilities include developing and maintaining underwriting philosophy, policies, and delegated authorities;

Qualifications

• Extensive non-life underwriting experience, 12+ years, including commercial or specialist risks.
• At least 5 years leading technical underwriting teams.
• Ability to provide technical challenge to business leaders while maintaining commercial accountability.

Responsibilities

• Establish underwriting standards, controls and capabilities for sustainable risk-adjusted returns.
• Develop and maintain underwriting policies, delegated authorities and referral framework.
• Oversee pricing adequacy, portfolio performance and risk-selection quality with actuarial teams.
• Ensure governance, compliance and delegated authority limits are met.
• Represent Specialty underwriting in Group reinsurance design and programme decisions.
• Set technical requirements for underwriting tools and data quality.

Skills

Underwriting leadership

Technical underwriting

Pricing strategy

Risk analysis

Regulatory compliance

Stakeholder engagement

Education

Degree in Insurance/Actuarial/Finance

Tools

Underwriting tools

Data analytics

Risk modelling

Job description

Old Mutual Insure Limited invites a seasoned leader to head the Lead Specialty underwriting function. The role focuses on establishing practical underwriting standards, controls and capabilities to deliver sustainable risk-adjusted returns.

You will guide executive business-line leaders with objective technical challenge, while preserving accountability for commercial outcomes. Responsibilities include developing and maintaining underwriting philosophy, policies, and delegated authorities;