Underwriter - Project

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

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.

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

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.

• 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.

Skills

Education

Closing Date

24 June 2024

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.

Old Mutual Limited is pro-vaccination and encourages its workforce to be fully vaccinated against Covid-19.

All prospective employees are required to disclose their vaccination status as part of the recruitment process.

Please refer to the Old Mutual’s Covid-19 vaccination policy for further detail. Kindly note that Old Mutual reserves the right to reinstate the requirement to vaccinate at any point if it is of the view that it is imperative to do so.

The Old Mutual Story!

About Us

Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending.
We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.

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