Assistant Underwriter

Lets Write Africa's Story Together!

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

Job Description

Accountable for supporting underwriters, for determining the correct premium money on standard and straightforward risks under specific procedures, and for using an underwriting manual.

Responsibilities

Underwriting Insurance Cases

Support the underwriting of new business and renewal cases by verifying the completeness and accuracy of information and checking against standard rates, referring issues to senior colleagues when necessary.

Recommendations

Identify changes that may need to be made to ensure the organization is in compliance.

Organizational Risk Management

Support others by carrying out simple risk monitoring and assessment tasks.

Regulatory and Compliance Management

Ensure regulatory compliance by producing comprehensive regulatory reports. Review and consolidate the information being reported and make sure it is accurate and timely.

Document Preparation

Prepare routine letters, memoranda, reports, and similar documents following detailed instruction. This is likely to involve using the full range of functions within standard office software.

Operational Compliance

Develop working knowledge of the organization's policies and procedures and of regulatory codes and codes of conduct relevant to own work, adhering to mandatory procedures to ensure own work is undertaken to the required standards.

Personal Capability Building

Develop and maintain excellent process or technical skills by participating in assessment and development planning activities as well as formal and informal training and coaching.

Skills

Action Planning, Compliance Software, Computer Literacy, Crisis Management, Data Compilation, Developing Creative Solutions, Evaluating Information, Legal Practices, Management Reporting, Numerical Aptitude, Oral Communications, Regulatory Compliance Management, Risk Management, Underwriting Management

Competencies

Action Oriented

Collaborates

Ensures Accountability

Instills Trust

Manages Complexity

Optimizes Work Processes

Plans and Aligns

Education

NQF Level 3 & NQF Level 2 - Below school leaving

Closing Date

05 May 2025, 23:59

The Old Mutual Story!

JR-65854