Team Leader Underwriting

oldmutual; Cape Town; On-site; ZAR 700,000 - 950,000; Full time

Job summary

Old Mutual South Africa seeks a Team Leader for its Pinelands branch to supervise underwriting professionals, ensure adherence to underwriting policies, and approve complex cases.

You will drive automation initiatives, manage risk, and mentor a team to achieve business goals in a dynamic underwriting environment.

Qualifications

• Matric and/or equivalent
• Diploma and/or equivalent in Level 6 qualification in general insurance
• 3–5 years' experience in Commercial Underwriting
• 1–2 years' experience in managing a Team of Underwriters would be advantageous

Responsibilities

• Underwrite assigned new business and renewal cases within authority, escalating complex cases.
• Support development and testing of automated underwriting processes and systems.
• Use risk management systems to control organizational risk exposure.
• Investigate incidents and advise senior colleagues to maintain regulatory compliance.
• Communicate the local action plan and motivate the team to meet objectives.
• Set and monitor team objectives using performance management systems.
• Deliver budget analysis and oversee budget progress within the area.
• Prepare documents aligned with style guidelines for publication.
• Develop and implement financial guidelines and protocols to ensure compliance.
• Identify development needs and coach colleagues to raise capability.

Skills

Team Leadership

Underwriting

Budget Management

Regulatory Compliance

Risk Management

Education

NQF Level 7 – Degree, Advance Diploma or Postgraduate Certificate

Job description

Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

An Exciting opportunity is available for a Team Leader role at our Pinelands branch.

Purpose

Manages several underwriting professionals. Reviews and ensures conformance with underwriting policies, guidelines, and procedures by subordinate underwriters. Recommends changes in underwriting policies and procedures. Underwrites the large or more complex risks or provides final approval for those underwritten by subordinates

Responsibilities

• Underwriting Insurance Cases : Review and underwrite assigned new business and renewal cases within prescribed authority level, escalating unusual or complex cases to senior colleagues where appropriate.
• Underwriting Automation: Carry out allocated research and analysis to support the development, testing, and improvement of automated underwriting processes and systems; recommend new functionalities and/or improvements that reduce cost and/or enhance underwriting effectiveness.
• Organizational Risk Management : Ensure the organization is not exposed to undue risks by using risk management systems to achieve specific goals within a designated area of the business.
• Regulatory and Compliance Management : Investigate all kinds of incidents and reports and provide expert advice to more senior colleagues. Minimize risk exposures and ensure adherence with regulatory standards by working with all internal functions to make sure compliance programs are properly implemented.
• Leadership and Direction: Communicate the local action plan; explain how this relates to the function's strategy and action plan and to the broader organization's mission and vision; motivate people to achieve local business goals.
• Performance Management : Develop and propose own performance objectives; take appropriate actions to ensure achievement of agreed objectives, using the organization's performance management systems to improve personal performance. Or manage and report on team performance; set appropriate performance objectives for direct reports or project/account team members and hold people accountable for achieving them, taking appropriate corrective action where necessary to ensure the achievement of team/personal objectives.
• Budgeting : Deliver a budget for an area of the organization or conduct complex analyses on budget progress in other areas of the organization.
• Document Preparation : Edit document in line with organizational style guidelines and prepare information for publication.
• Financial Policies, Guidelines, and Protocols : Develop and deliver financial guidelines and protocols to ensure the company complies with regulations and good financial practice.
• Organizational Capability Building : Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions to build their capabilities. Provide training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.

Requirements (Skills & Experience)

• Matric and / or equivalent
• Diploma and /or equivalent in Level 6 qualification in general insurance
• 3 - 5 years' experience in Commercial Underwriting
• 1 - 2 years' experience in managing a Team of Underwriters would be advantageous
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Skills

Accounting, Budget Management, Change Management, Data Compilation, Executing Plans, Financial Acumen, Legal Practices, Management Reporting, Numerical Aptitude, Oral Communications, Policies & Procedures, Presenting Solutions, Professional Presentation, Risk Management, Servant Leadership

Competencies

• Action Oriented
• Business Insight
• Communicates Effectively
• Decision Quality
• Ensures Accountability
• Financial Acumen
• Instills Trust
• Manages Complexity

Education

• NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

15 October 2026 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!