Workatele

Underwriter at Old Mutual, Johannesburg, South Africa

Old Mutual

Underwriter at Old Mutual, Johannesburg, South Africa

Old Mutual

Full time Job

Date Posted: September 13, 2024

Application deadline:

Expired on: September 19, 2024 5:00pm

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Job description

Responsible for risk evaluation, pricing and selection / rejection of renewal business for all assigned accounts within the portfolio. Identify business inefficiencies and make recommendations to improve the customer’s experience.

Roles and Responsibilities

  • Responsible for risk evaluation, pricing and selection / rejection of new and renewal business for all assigned accounts within the portfolio.
  • Analyse commercial lines accounts to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and controls.
  • Use underwriting guidelines and organisational best practices to ensure compliance with guidelines / regulations.
  • Price business according to organisational underwriting and pricing guidelines. Use creativity and underwriting knowledge to write appropriate risks and retain profitable business within delegated authority levels.
  • Partner with Sales to support marketing activities to develop ongoing relationships with brokers to discuss market appetite, quality and profitability of submissions, service standards, and underwriting and/or product changes.
  • Partner with Sales to communicate with customers on underwriting issues including, but not limited to, decisions on cancellations, declinations, exposure concerns, and survey results.
  • Partner with Sales to identify patterns to resolve or improve issues.
  • Participate in customer planning and review processes to identify sales and marketing opportunities.
  • Promote the organisation’s product through customer networks and stay abreast of changes within the industry and at competitors.

Requirements and Knowledge:

  • Matric and/or equivalent
  • RE certificate essential
  • Must have a tertiary qualification in Commerce (NQF Level 6-7 or equivalent) or studying towards a Commercial Degree in Finance
  • Minimum of 2 years proven excellent client service
  • Valid Code 8 Drivers License
  • Good communication skill

Application deadline:

Expired on: September 19, 2024

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