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Pretoria: Manager: IL New Business and Underwriting (Insurance) posted by AtripleA recruitment & temps

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Job Description

About the Role

Our client in the Insurance industry is seeking a Manager: IL New Business and Underwriting to join their team. A rewarding and challenging career opportunity for an individual with proven supervisory and problem solving skills exists in the New Business Department, where we are inviting applicants from suitably qualified persons to apply.

Key Responsibilities

  • Manage new business process on individual life policies:
  • Manage the efficient and effective administration of new business at Head Office and branch level according to best practice.
  • Continuously evaluate workflow processes and change processes where necessary; from capturing of the application in the branch to the acceptance of the application in Head Office.
  • Monitor deadlines set out for staff.
  • Attend to escalated queries from Sales, Office and Regional Managers.
  • Manage the underwriting process on individual life policies:
  • Manage the efficient and effective administration of underwriting at Head Office according to best practice.
  • Liaise with Re-insurers and medical experts on interpretation of certain medical conditions and to advise the underwriters on the correct decisions.
  • Attend to escalated queries from Sales, Office and Regional Managers.
  • Provide advice on all questions from staff.
  • Inform staff of any/all changes to underwriting principles.
  • Co-ordinate complaints resolution and compliance:
  • Manage the timeously resolution of complaints in accordance with the complaints resolutions policy.
  • Provide inputs on the complaints resolutions policy and procedure.
  • Provide inputs into reports on IL New Business and Underwriting:
  • Provide report to Senior Manager on IL new business and underwriting activities.

Requirements

  • Formal Education: Relevant Degree/Diploma (Risk Management/Business Management/Actuarial/Medical)
  • Technical/Legal Certification: RE1 & RE 5, 60 credits or full qualification recognised by FSB (Depending on the date of appointment in the industry), Underwriting Certification (advantage)
  • Experience: 5 Years’ Experience in long term insurance underwriting (any automated underwriting experience will be an advantage), Atleast 1-2 years in Management
  • Knowledge: Legislation, Life Insurance Industry, Long Term Insurance Underwriting
  • Skills: Computer, Communication, People Management, Analytical, Attention to Detail, Presentation, Organisational
  • Attributes: Confidence, Assertiveness, People Centric, Leadership
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Qualifications

No formal qualifications mentioned.

Salary & Benefits

Salary range: R40 000 – R45 000 per month (negotiable).

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Other Insurance Jobs in Gauteng

The Other Insurance (OI) industry is a significant sector in Gauteng, South Africa, offering a range of career opportunities for professionals with the right skills and experience. Typically, OI roles are in demand across various industries, including financial services, technology, and manufacturing, as companies seek to manage and mitigate risks associated with their operations.

Generally, OI specialists in Gauteng can expect salaries that vary widely depending on factors such as level of experience, company size, and industry sector. While broad salary ranges cannot be provided due to the variable nature of these factors, it is common for experienced OI professionals to earn between R600 000 and R1 200 000 per annum, while entry-level roles may start at around R300 000 to R500 000 per annum. However, salaries can fluctuate depending on individual circumstances.

Common skills required for OI roles in Gauteng include expertise in financial management, risk analysis, data interpretation, communication, and project management. Other essential skills often include proficiency in insurance software, analytical thinking, problem-solving, and the ability to work under pressure. Many OI professionals also hold relevant certifications or degrees in fields such as actuarial science, business administration, or economics.

The financial services sector is a significant employer of OI professionals in Gauteng, with other industries such as technology and manufacturing also commonly hiring for these roles. Other sectors that may employ OI specialists include healthcare, construction, and logistics. In terms of career development, many OI professionals in Gauteng progress to senior roles within their current organisations or move into related fields such as risk management, auditing, or claims handling.

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For those seeking a career in OI, it is essential to develop a broad range of skills and experience, often through formal education and training. Many OI professionals in Gauteng have pursued certifications such as the Fellow of the Institute of Actuaries (FIA) or the Chartered Insurance Practitioner (CIP). Building strong relationships with clients, colleagues, and stakeholders is also crucial for success in this field.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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How to Apply

Click “GO APPLY NOW” to visit the company’s application page.
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