Team Leader Underwriting

Old Mutual Limited; Cape Town; On-site; ZAR 600,000 - 900,000; Full time

Job summary

Old Mutual Limited is seeking two Team Leaders: Underwriting at our Pinelands branch. The role oversees underwriting professionals, ensures adherence to policies, and leads the team in underwriting large or complex cases.

The position emphasizes leadership, performance management, budgeting, and organizational risk control within the insuring business. An opportunity to impact underwriting strategy and efficiency in a dynamic environment.

Qualifications

• Bachelors-level or higher education in insurance or business fields as indicated.
• At least 3–5 years in Commercial Underwriting with exposure to team leadership.
• 1–2 years' experience in managing a team of underwriters is advantageous.

Responsibilities

• Review and underwrite assigned new business and renewals within authority.
• Support development and testing of automated underwriting processes.
• Ensure regulatory compliance and risk management within the team.
• Provide leadership, set objectives, and monitor performance of underwriters.
• Prepare budgets and contribute to financial guidelines and protocols.

Skills

Accounting

Budget management

Risk management

Data compilation

Regulatory compliance

Leadership

Communication

Financial acumen

Education

NQF Level 7 degree / advanced diploma / postgraduate certificate

Diploma in general insurance (Level 6)

Matric (or equivalent)

Job description

## Team Leader UnderwritingApply: Pinelands: Posted Today: JR-77256**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 at Old Mutual Insure. We are looking for **x2 Team Leaders: Underwriting** 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**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**11 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.***