Senior Underwriting Support

Posted 8 Hours Ago
Be an Early Applicant
Hiring Remotely in Office, Machaze, Manica, MOZ
Remote
Senior level
Fintech • Payments • Financial Services
The Role
Manage and administer complex insurance transactions (new business, renewals, midterm adjustments), ensure accurate documentation and facultative reinsurance placement, resolve complex queries, mentor junior staff, drive interdepartmental process improvements, maintain compliance with statutory and governance requirements, and support service delivery and cost-control initiatives within the Specialty/Engineering Insurance team.
Summary Generated by Built In

Let's Write Africa's Story Together!

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

Job Description

Responsible for the administration of complex transactions on policies such as new business, renewals, and midterm adjustments according to the guidelines.  This position requires a team player who will manage the operations of the products and apply their expertise.  The senior underwriting support will also handle day-to-day administrative functions.

  • Responsible for the processing of complex transactions such as new business, renewals, and midterm adjustments, correctly and within laid down timeframes.

  • Ensure all transactions including completed facultative reinsurance placement are processed accurately and correctly

  • Ensure documentation including Sasria is issued, checked, and authorised prior to dispatch as per regulations

  • Attend to complex accounts queries as per the Standard Operating Procedure and Service Level Agreements with necessary escalation as per the laid down rules

  • Ensure timeous monitoring and accurate management of mail count

  • Drive interdepartmental discussions on transactions and business issues and make recommendations

  • Participate in training and mentoring of junior underwriting support staff

  • In-depth understanding of specialty business, to fully understand the risk and impact to Specialty department

  • Ensure necessary authorisations are obtained to finalise transactions

  • Follow up on declarations, monthly/quarterly and annually

  • Work with various business partners to ensure that day-to-day administrative processes and procedures are fulfilled.

  • 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 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 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.

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

  • Diploma and/or equivalent NQF Level 6 qualification in general insurance.

  • More than 3 years’ experience within Engineering Insurance .

  • Candidate should be able to work independently, a great problem solver and live the company values.


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Skills

Action Planning, Compliance Software, Computer Literacy, Crisis Management, Data Compilation, Data Controls, Legal Practices, Management Reporting, Numerical Aptitude, Oral Communications, Professional Presentation, Regulatory Compliance Management, Risk Management, Underwriting Management

Competencies

Action OrientedBusiness InsightCollaboratesCommunicates EffectivelyDecision QualityEnsures AccountabilityFinancial AcumenInstills Trust

Education

NQF Level 5 - Higher, Advance or Occupational Certificate or equivalent

Closing Date

21 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!

Skills Required

  • Diploma and/or equivalent NQF Level 6 qualification in general insurance
  • More than 3 years' experience within Engineering Insurance
  • In-depth understanding of specialty business and risk impact to Specialty department
  • Ability to work independently and strong problem-solving skills
  • Knowledge of regulatory compliance, Sasria, and facultative reinsurance processes
  • Experience in mentoring or training junior underwriting support staff
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The Company
Gauteng
12,448 Employees

What We Do

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

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