Manager: IL New Business and Underwriting (Insurance)

AtripleA recruitment & temps; Pretoria; On-site; ZAR 446,400 - 502,200; Full time

Job summary

A recruitment agency seeks a Manager: IL New Business and Underwriting in Pretoria. The successful candidate will oversee the management of new business processes and underwriting, ensuring compliance and resolving complaints. Applicants should possess a relevant degree and at least 5 years of experience in long-term insurance underwriting, along with strong management skills and knowledge of the life insurance industry. A salary of R40,000 to R45,000 per month is offered, with negotiable terms.

Qualifications

• 5 Years' experience in long term insurance underwriting; automated underwriting experience is an advantage.
• 1-2 years management experience required.
• Knowledge of legislation and the life insurance industry.

Responsibilities

• Manage the administration of new business and underwriting processes.
• Liaise with role players in the new business process.
• Manage the resolution of complaints and compliance.

Skills

Computer

Communication

People Management

Analytical

Attention to Detail

Presentation

Organisational

Education

Relevant Degree/Diploma (Risk Management/Business Management/Actuarial/Medical)

Job description

Our client in the Insurance industry is seeking a Manager: IL New Business and Underwriting to join their team. A rewarding and challenging career opportunity for an individual with proven supervisory and problem solving skills exists in the New Business Department and we are inviting applicants from suitably qualified persons to apply.

Should you meet the above requirements, please email your CV to [e-mail] – Copy of ID, qualifications and latest payslip.

Managing new business process on individual life policies

• Manage the efficient and effective administration of new business at Head Office and branch level according to best practice
  • Continuously evaluate workflow processes and change processes where necessary; from capturing of the application in the branch to the acceptance of the application in Head Office
  • Monitor deadlines set out for staff
  • Attend to escalated queries from Sales, Office and Regional Managers
• Liaise with role players in the new business process

Managing the underwriting process on individual life policies

• Manage the efficient and effective administration of underwriting at Head Office according to best practice
  • Liaise with Re‑insurers and medical experts on interpretation of certain medical conditions and to advise the underwriters on the correct decisions
  • Attend to escalated queries from Sales, Office and Regional Managers
  • Provide advice on all questions from staff
  • Inform staff of any/all changes to underwriting principles

Co‑ordinate complaints resolution and compliance

• Manage the timeously resolution of complaints in accordance with the complaints resolutions policy
• Provide inputs on the complaints resolutions policy and procedure

Provide inputs into reports on IL New Business and Underwriting

• Provide report to Senior Manager on IL new business and underwriting activities

Minimum Requirements

• Formal Education
  • Relevant Degree/Diploma (Risk Management/Business Management/Actuarial/Medical)
• Technical/Legal Certification
  • RE1 & RE 5
  • 60 credits or full qualification recognised by FSB (Depending on the date of appointment in the industry)
  • Underwriting Certification (advantage)
• Experience
  • 5 Years' Experience in long term insurance underwriting (any automated underwriting experience will be an advantage)
  • At least 1-2 years in Management
• Knowledge
  • Legislation
  • Life Insurance Industry
  • Long Term Insurance Underwriting
• Skills
  • Computer
  • Communication
  • People Management
  • Analytical
  • Attention to Detail
  • Presentation
  • Organisational
• Attributes
  • Confidence
  • Assertiveness
  • People Centric
  • Leadership

Location: Pretoria (Head Office)

EE candidate

Salary: R40 000-00 - R45 000 p.m. (negotiable) CTC per month