Job Description

To manage underwriting operations by assessing risks, ensuring proper documentation, and maintaining service excellence. The role requires effective supervision of staff, adherence to underwriting standards, and proactive engagement with clients and intermediaries to ensure profitability, compliance, and high-quality service delivery.

Our organisation is seeking a suitably qualified Senior Underwriter - Business Development at Old Mutual.

This position offers the right candidate a chance to develop their career in a professional environment, with opportunities to build on existing skills and take on new challenges as the role evolves.

To be considered, please submit your application before the closing date.

Key Responsibilities

Determine acceptability of risks, recommend risk surveys, monitor and review terms of accounts assigned
Supervise, train and mentor staff and intermediaries on technical matters to ensure their skills are sharpened
Approve issuance of underwriting documents
Prepare and follow up renewal notices to ensure retention
Requisition for premium refund to facilitate issue of cheques
Establish that premiums are paid in respect of accounts managed in line with the agreed payment plans
Maintain effective business relationships to ensure effective delivery of service
Monitor service standards within the section to ensure high-quality customer service is delivered
Prepare documents – policies, endorsements, certificates within standards of service
Ensure timely issuance of renewal notices and renewal terms including renewal follow-up
Review of performance of accounts/intermediaries to ensure overall loss ratio is kept below 70%
Carry out regular Intermediary/Client visits
Maintain and account for accountable documents
Sign documents within authority levels
Liaise with claims and credit control to monitor account performance
Market company products and service to intermediaries and clients
Complete reinsurance cards for large risks and ensure smooth relationship with reinsurance partners
Monitor and ensure QOP standards are upheld in the department and report any issues to the quality management committee in a timely manner
Carry out payment requisitions immediately when they are presented
Establish that quotations, including those done by Assistant underwriters are competitive
Preparation of quotations and follow-up
Establish that all other users of EDMS are assisted anytime they have any problem regarding the system

Qualifications

University degree in Actuarial Science, Finance, or Business
Qualification in Insurance (Diploma in Insurance)
5 years’ experience in a related field

Skills

Communication Computer Literacy Assessment and Analytical Skills Relationship Management Leadership Knowledge of Insurance Market Re-insurance Application Customer Due Diligence (CDD) Legal Practices Management Reporting Quality Services Regulatory Compliance Management Risk Management Service Excellence Underwriting Management

How to Apply

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Resume / CV required

Senior Underwriter - Business Development

Job Description

Key Responsibilities

Qualifications

Skills

How to Apply

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