Underwritting Specialist

Job Description

Hello FutureUnderwriting Specialist,

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our team inFR Life Assurance, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Are you someone who can:

• Provide leadership, support,training, guidanceand development to the medical underwriting team to ensurethatthe team complies withgoals,objectivesandstandards ofthe organization to meet customer satisfaction, deadlinesandmanage the risk ofthe organisation.
• Review& ratification of underwriting businessprocessesto the Underwriting ManagementTeam
• Maintainandgovern theunderwritingprocesses for theUnderwriting Department
• Understand and operate within regulatory framework andidentify and escalate anyrisks to thebusiness.
• Supportthe Underwriting Managers with their role objectives asneeded.
• Researchandmaintainan awareness ofmarketconditions, practiceand legislation, making appropriaterecommendations by identifyingopportunitiesto maximize businessperformance.
• Leador supportdefined piecesof workendto end withinagreedtimelines.
• Pro-actively identify areas for process improvementandefficiencyenhancements.
• Supportotherkey tasks within theUnderwriting Operations Teamsuch asreinsurance maintenance, reporting, Auditing as well as the Underwriting Department.
• Assessment ofmedical,financial& occupational underwriting risk.
• Assessment ofcomplexandcommercial cases within theagreedKPI target
• Creationof business practice guidelines  
• Creation,implementation, review, testing& maintenanceof Medicalunderwritingrules&questions.
• Relationshipmanagement withre-insurance treaty partners
• Implement Re-insurer guidelines and requirements.
• Assist withAd hoc letters, non-disclosure letters& communicating changes in standards.
• Providing input toLeadunderwritingon Ombudsman cases, High priority, CEO and media complaints
• OnboardingTraining, mentoring&coaching ofUnderwriters
• Training& support for Underwriting,Advisory and CallCentre teams
• Providing retrospective underwriting decisions at claimsstage  
• ConductandrecommendLimit reviews forunderwriters.
• Assist with /conductperiodic qualityassurancereviewsfor in-forcepolicies.
• Handle complex technical queries.
• Work with Underwriting DataSpecialiststo translateunderwritingphilosophyinto underwriting Specialists,

You will be an ideal candidate if you:

• Matric
• Relevant degree would be advantageous
• Fit&Properrequirements for long term insurancecategoryB1 for advice (advantageous)
• Minimal of10 years withat least5 years senior underwriting experience) 

Knowledge:

• Proven track record inmedicaltraining orprevious medical underwritingat anadvanced level
• A higher /advanced level of productknowledge regarding LumpSum Disability, Critical Illness,

• IncomeProtection,Business Cover, Group Risk,and theassessment andunderwritingthereof.

• Assessment ofmedical,financial& occupational underwriting risk ofanorganisation  
• In-depth and expert knowledgeandapplication ofunderwriting administration processes
• Experienceof influencing stakeholders withinunderwriting and wider business areas
• Systems andanalytical experience
• Proven advancedunderwritingandtechnicalbackground

You will have access to:

• Opportunities to network and collaborate
• A challenging working environment that is progressive and agile
• Opportunities to innovate where initiative is taken and owned end to end

We can be a match if you are:

• Adaptable and curious
• Attention to detail
• Thrive in a collaborative environment
• Deadline driven
• Able to handle a pressurized environment

Apply now if you are interested in taking the next step. We look forward to engaging with you!

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

#post

#fnb

#LI-AW1

Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.