Product Underwriting Strategy Lead

FNB South Africa; Johannesburg; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

FNB South Africa’s Life Insurance division seeks a Product Underwriting Business Owner to own and evolve underwriting strategy across the product portfolio. Reporting to the Product Pricing and Analytics Head, you will translate insights into action to deliver shareholder value and exceptional client outcomes.

You will define underwriting policy, oversee guidelines, monitor performance, and collaborate with analytics, pricing, product development, and IT to design efficient, fair processes and

Qualifications

• University degree required.
• Actuarial Science, Data Science, Engineering or similar preferred.
• 3–4 years’ relevant experience in product, pricing or data analysis in Life insurance.
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in Microsoft Excel; experience with data analytics techniques.
• Effective written and verbal communication skills.
• Ability to work collaboratively in a team environment.

Responsibilities

• Define underwriting policy and strategy for life insurance products.
• Oversee development and maintenance of underwriting guidelines and rules.
• Monitor underwriting performance: decline rates, selection, and outcomes.
• Translate data into clear management insights for decision-making.
• Collaborate with pricing, analytics, and product teams to feedback experience.
• Design efficient, fair underwriting processes with proper controls.

Skills

Analytical skills

Problem solving

Excel proficiency

Data analytics

Communication skills

Team collaboration

Education

University degree

Actuarial/Data/Engineering (preferred)

Tools

Excel

Job description

FNB South Africa’s Life Insurance division seeks a Product Underwriting Business Owner to own and evolve underwriting strategy across the product portfolio. Reporting to the Product Pricing and Analytics Head, you will translate insights into action to deliver shareholder value and exceptional client outcomes.

You will define underwriting policy, oversee guidelines, monitor performance, and collaborate with analytics, pricing, product development, and IT to design efficient, fair processes and