Underwriter at Old Mutual South Africa

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.
• Analyze commercial lines accounts to make decisions based on individual risk characteristics, exposure analysis, hazard recognition and controls.
• Use underwriting guidelines and organizational best practices to ensure compliance with guidelines / regulations.
• Price business according to organizational 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 organization's product through customer networks and stay abreast of changes within the industry and at competitors.

Job Requirements : Exp , Skills and Qualifications

• Must have Matric
• NQ4
• 3-5 years commercial underwriting experience

Closing Date

19 April 2023