Job Description
About the Role
Our client in the long term insurance industry is seeking a skilled Underwriter to join their team in Pretoria. The successful candidate will be responsible for underwriting life policies, managing risk, and ensuring compliance with legislation and industry protocols.
Key Responsibilities
• Perform underwriting on individual life policies
• Perform underwriting of policy applications and amendments according to policies and procedures by phoning clients and obtaining all medical information e.g. evaluate information provided (medical, occupational) and make a decision as to what terms will/can be offered to the applicant using the QUIRC and AIMS systems.
• Override QUIRC decision if and when necessary.
• Provide underwriting decision to client telephonically (decline, loaded, excluded).
• Liaise with re-insurers, medical practitioners and other external parties on underwriting matters.
• Comply with legislation and ASISA protocols (TCF).
• Placements of ASISA listings (serious medical conditions on central register).
• Liaise with clients (i.e. policy holders, branch and sales staff) (TCF) to obtain all medical information by means of questions generated by the QUIRC underwriting system.
• Perform new business administration on individual life policies
• Place request for pathology nurse services to draw blood.
• Write and send “HIV+ letters” to doctors.
• Write and send reasons for loadings and/or declined cases to doctors.
• Ensure that correct correspondence, SMSs are sent to branch, intermediary, sales manager and client.
• Assist with complaints resolution and compliance (TCF)
• Monitor the timeously resolution of complaints in accordance with the complaints resolutions policy
Requirements
• Matric
• RE 1 and RE 5
• 60 or 120 credits on NQF level 5 (Depending on the date of appointment in the industry)
• Underwriting certificate
• 1 Year Experience in long term insurance underwriting
• Medical background (advantage)
• 1 year administrative experience
Qualifications
No specific qualifications mentioned.
Salary & Benefits
Salary: R21 000 per month
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.
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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