Senior Life Insurance Underwriter: Risk & Premiums Expert

Placements24; Soweto; On-site; ZAR 500,000 - 900,000; Full time

Benefits offered by this job

Medical aid

Provident fund

Annual leave

Performance incentives

Career growth

Job summary

Placements24 in Soweto, Gauteng is seeking a meticulous Life Insurance Underwriter to assess risk and determine insurability for life insurance applications. You will review medical histories, lifestyle details, and financial documentation to set appropriate premiums.

The role requires a bachelor’s degree in Finance, Actuarial Science, or Health Sciences, at least 3 years of underwriting experience, and proficiency with underwriting software and MS Office.

Qualifications

• Bachelor's degree in Finance, Actuarial Science, or Health Sciences.
• At least 3 years' life insurance underwriting experience.
• Strong knowledge of underwriting guidelines and products.
• Proficiency with underwriting software and MS Office.

Responsibilities

• Review life insurance applications for risk and insurability.
• Analyze medical records, lifestyle, and financial docs.
• Apply underwriting guidelines consistently.
• Calculate premiums based on risk assessment.
• Identify potential fraud or misrepresentation.
• Coordinate with applicants, agents, and medical professionals.
• Maintain accurate underwriting records.
• Ensure regulatory compliance and standards.
• Stay informed on medical trends and underwriting practices.
• Collaborate with sales and claims for underwriting input.

Skills

Analytical skills

Attention to detail

Communication

Independent work

Underwriting knowledge

Education

Bachelor's degree in Finance/Actuarial Science/Health Sciences

Tools

Underwriting software

Microsoft Office

Job description

Placements24 in Soweto, Gauteng is seeking a meticulous Life Insurance Underwriter to assess risk and determine insurability for life insurance applications. You will review medical histories, lifestyle details, and financial documentation to set appropriate premiums.

The role requires a bachelor’s degree in Finance, Actuarial Science, or Health Sciences, at least 3 years of underwriting experience, and proficiency with underwriting software and MS Office.