Trainee Life Underwriter: Graduate Role at Sanlam Group

Business Description:

The Sanlam Individual Life (SIL) New Business Underwriting team plays a pivotal role in ensuring a long-term mutually beneficial relationship between the client and Sanlam.  As a Life Underwriter you will be responsible to analyse the medical and financial risk of our clients.

Position Description:

• Through a structured training program, the Trainee Life Underwriter will learn about our underwriting philosophy, business unit products, strategies and options available to our clients.
• The training will begin by handling renewal business under the supervision of a Life Underwriter and will progress to assess new business cases.
• The Trainee Life Underwriter will develop critical underwriting skills through classroom, independent and on-the job training.
• With long-term commitment and perseverance, the Trainee Life Underwriter can progress to senior positions within the underwriting environment.

Primary duties:

Trainees will be taught the following underwriting skills:

• Risk assessment by gathering and reviewing information based on occupation, medical, part-time activities and financials of clients and companies.
• Assess risk from Personal and/or Business cover.
• Assessments based on Actuarial mortality.
• Establish, support and maintain effective relationships with clients.

Requirements:

The ideal candidate will desire a position that is both analytical and marketing-orientated and must be in possession of:

• Matric with Life Science & Mathematics
• Recent completion of or to be completed in 2022 a Medical qualification (eg. Nursing; Physiotherapy; Radiology) or Financial studies.
• Applying medical and/or financial studies to:
• practical evaluation of various risks
• use medical and/or financial learnings or practical experience in a corporate environment
• learn other risk factors, related to occupational, part-time hobbies and financial risks.
• A good understanding of interpreting medical and/or financial information will be advantageous.

IMPORTANT NOTICE

• South African citizenship
• Newly graduated, end of 2022
• Confirm current studies and completion year
• Include proof of relevant qualification and/or;
• Include most recent results OR latest results of above-mentioned subjects

Sanlam Core Competencies:

• Drives Results
• Collaborates
• Customer Focus
• Cultivates Innovation
• Resilience

Key competencies for success:

• Analytical skills & Problem solving orientation
• Concern for accuracy
• Agility – constant changing environment
• Continuous learning
• Excellent Communication skills (verbal and written) in order to handle telephonic enquiries
• Team player

Build a successful career with us

We’re all about building strong, lasting relationships with our employees. We know that you have hopes for your future – your career, your personal development and of achieving great things. We pride ourselves in helping  our employees to realise their worth. Through its four business clusters – Sanlam Life and Savings, Sanlam Investment Group, Sanlam Emerging Markets, Santam, as well as MiWay and the Group Office – the group provides many opportunities for growth and development.

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers. 

Closing date

•  28 October 2022