Underwriter

Momentum Group Limited; Gauteng; On-site; ZAR 300,000 - 500,000; Full time

Job summary

A leading company in health solutions seeks an Underwriter to assess new business applications and make accurate underwriting decisions according to established guidelines. The role requires solid communication and analytical skills, along with a keen attention to detail to ensure effective decision-making and client satisfaction.

Qualifications

• 1-2 years underwriting experience.
• Health underwriting experience is an advantage.

Responsibilities

• Make accurate underwriting decisions for new applicants.
• Liaise with brokers, applicants, and doctors regarding decisions.
• Effectively resolve queries and identify trends.

Skills

Accuracy

Analytical Skills

Communication Skills

Customer Focus

Education

Grade 12 / Matric

Job description

Momentum Health, an entity of Momentum Group, delivers sustainable, integrated health solutions that meet the needs of clients across different segments and maximize lifetime client value.

We foster a culture of innovation and create value through unique insights into achieving specific outcomes using our defined set of Health capabilities.

Role Purpose

To assess new business applications and provide accurate underwriting decisions in line with the Scheme's underwriting guidelines.

Duties and Responsibilities

1. Make accurate individual underwriting decisions for new applicants and additional dependents applying to join Momentum Medical Scheme by applying:

• The Medical Schemes Act (legislation);
• The Momentum Medical Scheme underwriting policy;
• Standards, protocols, and guidelines set.

Liaise with brokers, applicants, members, and doctors regarding underwriting decisions made either telephonically, in writing, or in person as required.

Effectively resolve queries received and identify trends and training gaps.

Drive and support effective departmental teamwork.

Requirements

• Grade 12 / Matric
• 1-2 years underwriting experience
• Health underwriting experience is an advantage

Competencies

• Accuracy and attention to detail
• Ability to analyze information
• Excellent self-management and time management skills
• Excellent writing, communication, interpersonal, and negotiating skills
• Adaptability to change and ability to remain effective in a fast-paced environment
• Customer focus and ability to develop productive relationships
• Ability to perform various functions within a pressurized administrative environment

Additional Information

• Maintain broad product, legislation, standards, and protocols knowledge
• Adhere to organizational best practices and legislative requirements
• Identify risks and escalate accordingly
• Maintain consistent service delivery to ensure client retention and satisfaction
• Engage in training to promote professional development
• Demonstrate company values daily