Old Mutual

Senior Underwriter Mark 1

Old Mutual  •  Johannesburg, ZA (Onsite)  •  4 hours ago
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Job Description

Let's Write Africa's Story Together!

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

Responsible for managing the activities of a group of Underwriters. Oversees the decision process for the group. Monitors decisions of Underwriters and ensures systems and work flow meet appropriatestandards. Selects and accepts major risks on behalf of the company
and assists in the planning and control of the department. Assesses most complex situations that involve greatest risk. Within company guidelines, approves or denies applications on own discretion.

  • Competencies Critical objectives and responsibilities
  • Customer

  • Collaboration

  • Leading with Influence

  • Innovation

  • Personal Mastery

  • Executing

  • Selects and accepts major risks on behalf of the company and assists in the planning and control of the department. Assesses most complex situations that involve greatest risk

  • Prepare quotations in response to proposals received for credit insurance cover

  • Issue policy documents in respect of accepted quotations

  • Review existing policies on a regular basis and to assess credit risks

  • Ensure smooth administration of policies by giving prompt attention to all correspondence, emails and telephone calls received from branches, policyholders, brokers and other parties

  • Supervise staff, plan and organise workflow

  • Continuous improvement to ensure effective service

  • Ensure statutory and legislative knowledge is always current in order to resolve customer complaints, to advise the business on corrective solutions to mitigate risks and to improve the customer experience whilst complying with governance CONFIDENTIA requirements.

  • Ensure adherence to organisational policies, practices and procedures.

  • Identify solutions to enhance cost effectiveness and increase operational efficiency

  • Service delivery to ensure customer satisfaction

  • Maintain service, quality and desired outputs within a specific functional process through ensuring compliance to tactical policies, procedures and standards.

  • Establish productive operational relationships with key stakeholders in the various channels and administrative teams.

  • Develop work routines in line with operational plans / schedules in order to manage achievement of service delivery goals.

  • Share knowledge on, and participate in the creation of new standards, control systems and procedures to maintain service delivery.

  • Cost control and governance adherence

  • Proactively ensure use of time, of resources, money, materials or equipment is in line with policies and procedures.

  • Comply with corporate governance policies, procedures and standards.

  • Operate within agreed mandates.

  • Quality people practices

  • Align own behaviour with the organisation's culture and values.

  • Share and transfer product, process, and systems knowledge to colleagues.

  • Ensure achievement of own performance objectives.

  • Actively share information with other team members regarding successes, issues, trends, and ideas.

  • Actively participate in own professional development and career path.

  • Manage the team’s performance.

  • Actively promote a culture of learning and high-performance culture amongst team members.

  • Experience, knowledge & skills required

  • Grade 12

  • Tertiary qualification in Commerce (NQF Level 6-7 or equivalent) or studying towards a Commercial degree

  • Must have passed the Mark 4 Underwriting Technical Test

  • Must have experience as an Underwriter at Mark 4 level

  • Must have a mandate and prior experience will be required

  • Have in depth knowledge of the commodities in the industry and must have worked with policy holders

  • Underwriting skills at policy holder level

  • Must have excellent communication and relationship building skills.

  • Must have a Code 8 Drivers License and own transport

  • Good presentation skills, as this position deals with all Atradius policies and require representation at Exco and 1st Tier level to present our clients’ needs.

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Skills

Action Planning, Computer Literacy, Data Compilation, Data Controls, Default Risk, Insurance Product Management, Insurance Sales, Legal Practices, Management Reporting, Numerical Aptitude, Oral Communications, Professional Presentation, Risk Based Pricing, Risk Management, Underwriting Management

Competencies

Action OrientedBusiness InsightCommunicates EffectivelyDecision QualityFinancial AcumenInstills TrustManages ComplexityOptimizes Work Processes

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

29 June 2026 , 23:59

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.

The Old Mutual Story!

Old Mutual

About Old Mutual

Old Mutual Limited is a listed company on the Johannesburg Stock Exchange and has secondary listings on the London, Malawi, Namibia and Zimbabwe stock exchanges. As a Pan-African financial services company, we are focused on Africa, her needs and her people.

Together with you, we have educated our children, given more homes warmth and light, empowered small businesses and improved infrastructure in Africa. Our story will continue #WithAfricaForAfrica.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Johannesburg, ZA
Year Founded
Unknown
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