Head of Underwriting Quality Assurance

Standard Bank Group; Gauteng; On-site; ZAR 1,500,000 - 2,100,000; Full time

Job summary

Standard Bank Group in South Africa seeks a senior leader to direct the underwriting function within the IAM context, ensuring high-quality risk assessment, pricing, and consistent decision-making across the portfolio.

The role requires 8-10 years in insurance underwriting, strategic vision, and strong collaboration with Actuarial, Claims, Product Development, and Compliance teams to drive value and protect the bank's risk appetite.

Qualifications

• 8-10 years of experience in insurance underwriting.
• Ability to translate business objectives into effective underwriting strategies and operational plans.
• Develop and implement underwriting standards and guidelines with strong risk assessment and pricing.

Responsibilities

• Direct the underwriting function to comply with South African financial services legislation and governance policies.
• Establish and maintain robust internal controls and quality assurance for underwriting decisions.
• Lead cross-functional collaboration with Actuarial, Claims, Product Development, Sales, Operations, Legal and Compliance.
• Oversee portfolio performance metrics (loss ratios, hit rates, retention) and ensure alignment with risk appetite.

Skills

Underwriting strategy

Risk assessment

Portfolio management

Regulatory compliance

Stakeholder leadership

Job description

Standard Bank Group in South Africa seeks a senior leader to direct the underwriting function within the IAM context, ensuring high-quality risk assessment, pricing, and consistent decision-making across the portfolio.

The role requires 8-10 years in insurance underwriting, strategic vision, and strong collaboration with Actuarial, Claims, Product Development, and Compliance teams to drive value and protect the bank's risk appetite.