Senior Underwriter Team Lead – Major Risk Oversight

Old Mutual Limited; Johannesburg; On-site; ZAR 600,000 - 1,000,000; Full time

Job summary

Old Mutual Limited in Johannesburg seeks an experienced Underwriter Manager to lead a group of underwriters, oversee decision processes and assess high-risk cases. You will approve or deny applications within governance guidelines and assist in planning the department's controls.

The role requires a Grade 12, Commerce qualification and Mark 4 underwriting experience. The position focuses on preparing quotations, issuing policy documents, reviewing policies for risk, and ensuring smooth policy

Qualifications

• Must have Grade 12 and a tertiary commerce qualification (NQF 6-7) or be studying towards a commercial degree.
• Must have passed the Mark 4 Underwriting Technical Test.
• Must have experience as an Underwriter at Mark 4 level with a mandate.

Responsibilities

• Manage the activities of a group of Underwriters and oversee the decision process.
• Approve or deny applications within company guidelines and discretion.
• Review existing policies to assess credit risks and ensure governance compliance.
• Prepare quotations in response to proposals for credit insurance cover and issue policy documents.
• Identify cost-effective solutions and improve operational efficiency.
• Supervise staff and manage workflow to ensure timely service.

Skills

Action Planning

Computer Literacy

Data Compilation

Data Controls

Default Risk

Insurance Product Management

Insurance Sales

Legal Practices

Management Reporting

Numerical Aptitude

Oral Communications

Professional Presentation

Risk Based Pricing

Risk Management

Underwriting Management

Education

NQF Level 7 – Degree, Advance Diploma or Postgraduate Certificate or equivalent

Grade 12

Commerce degree (NQF Level 6-7) or in progress

Job description

Old Mutual Limited in Johannesburg seeks an experienced Underwriter Manager to lead a group of underwriters, oversee decision processes and assess high-risk cases. You will approve or deny applications within governance guidelines and assist in planning the department's controls.

The role requires a Grade 12, Commerce qualification and Mark 4 underwriting experience. The position focuses on preparing quotations, issuing policy documents, reviewing policies for risk, and ensuring smooth policy