Underwriter (Junior)

Discovery Ltd.; Gauteng; On-site; ZAR 250 000 - 350 000; Full time

Job summary

A leading insurance provider seeks an Underwriter I in Gauteng, responsible for reviewing policy applications, assessing risks, and liaising with brokers. Essential qualifications include Grade 12 and industry-related knowledge. The ideal candidate should demonstrate strong personal attributes like attention to detail and self-motivation. This position promotes continuous learning within a collaborative environment.

Qualifications

• Essential skills and experience related to insurance underwriting are required.
• Candidates must be competent in allocation of underwriting medicals.

Responsibilities

• Assess risk for covers above the free cover limit.
• Liaise with members and brokers for required information.
• Provide reasons for underwriting decisions.
• Liaise with reinsurer for cases above treaty limits.

Skills

Continuous Learning and Self Development

Collaboration

Attention to Detail

Self-motivation

Integrity

Accountability

Teamwork

Understanding of the underwriting process

Problem identification and solving

Positive attitude

Education

Grade 12

Industry Related Qualification

Business Related Degree or Diploma

Job description

Business Unit: Vitality Life Function: Underwriting Date: 9 Oct

• Discovery Corporate & Employee BenefitsUnderwriter I (Junior underwriter).

About Discovery

Discovery's core purpose is to make people healthier and to enhance and protect their lives.

We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery.

Our fast-paced and dynamic environment enables smart, self-driven people to be their best.

As global thought leaders, Discovery is passionate about innovating to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Corporate & Employee Benefits

Discovery Corporate and Employee Benefits is the first and only employee benefits provider to shape employee behaviour, creating healthier and wealthier workforces.

It is an exciting business to be in as we reimagine the way retirement savings and life insurance are brought to companies and employees.

Key Purpose of the role

Reviews and evaluates policy applications to determine risk acceptability and coverage, in the form of a Declaration of Health, or standard medical requirements, for group risk members above the free cover limits.

May contact applicants or brokers to obtain additional required information and answer questions from applicants regarding underwriting processes and decisions.

Work Environment

Works under partial supervision.

Areas of responsibility

• Assessment of risk for covers above the free cover limit, through assessment of a Declaration of Health or standard medicals or additional requirements
• Liaising with members and brokers to obtain required information
• Providing reasons for underwriting decisions to members and their doctors
• Liaising with reinsurer for cases above the relevant treaty limits

Personal Attributes and Skills

• Continuous Learning and Self Development
• Collaboration
• Attention to Detail
• Self- motivation
• Integrity
• Accountability
• Teamwork
• High level understanding of the underwriting process and the world of insurance
• Self-awareness and able to ask for help
• Be able to identify problems and reach solutions
• Positive attitude
• Able to liaise with staff internally and externally
• Appropriate knowledge of medical risks and the impact on the various benefits

Education and Experience

The following requirements are Essential.

• Grade 12 / Industry Related Qualification / Business Related Degree or Diploma
• Competent in allocation of underwriting medicals

Employment Equity

The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process.

As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.