Job title : Senior Underwriter
Job Location : Gauteng, Cape Town Deadline : May 09, 2025 Quick Recommended Links
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Education :
Revelant Degree (Bcom, Bsc or Nursing)Experience :
5 years underwriting experience in long term insuranceProficient in the assessment and management of underwriting decisionsTechnical knowledge and experience with technology relative to industry.Duties and Responsibilities
Process optimization and efficiencies
Responsible for underwriting life, disability, critical illness and income protection within agreed underwriting authority limits.Underwrite cases within the agreed service level agreements.Responsible for achieving and maintaining standards in underwriting.Provide constructive feedback to the Technical Executive Underwriter regarding matters arising.Assess and authorise specific underwriting cases.Responsible for financial underwriting to ensure accurate financial underwriting decisions.Participation in projects to improve departmental service-owning your role in the project and completing tasks as required by providing input.Risk and Compliance
Adhere to internal SLA's to ensure operational efficiency and achievement of agreed customer service standardsMust understand the underwriting environment and general protocols and processesEnsure adherence to regulatory and compliance requirementsPeople and Culture
Checking and Authorization of underwriting decisions in terms of published delegation of authority.Collaboration with relevant stakeholders : Claims, Marketing, Distribution and Intermediary ServicesDeal with Arbitration and Ombudsman cases and collaborate with other stakeholder during the Complaints processContribute and assist to review processes and protocols where required to assist in PPS’ delivery of quality underwriting decisionsForge strong working relationships with stakeholderKnowledge Champion
Provide guidance and support to junior underwritersEmpower team members with transfer of knowledge.Ensure that own knowledge is kept abreast with industry & regulatory information and changes through various internal and external information sourcesProvide technical information and supportReferring cases to ReassurersUnderwriting Life, Disability, Critical Illness and IP coverDiscussing Counter-offer letters with Financial AdvisorsCoaching & Feedback
Support Managers and Learning and Development to identify learning objectives; implement training interventions and create development plans.Support active learning plan for onboarding of new employees and constant learning for all employees through coaching and other interventions.Insurance jobs