Underwriter | Sanlam

As an underwriter, your primary responsibility is to evaluate the risk associated with our clients based on their medical and financial profiles.

What You’ll Do:

Core Tasks/Outputs:

1. Assess risk applications considering medical history, occupation, and part-time activities.
2. Evaluate sub-standard cases.
3. Underwrite various business insurance policies such as Buy and Sell and Key Person insurance.
4. Obtain necessary medical and financial documentation and set limits as required.
5. Place cases in accordance with reinsurance treaties and relevant guidelines.

Note: This role may require overtime during peak periods, depending on business needs and volume. The position is located in either Western Cape or Gauteng.

What Will Make You Successful in This Role:

Role Requirements:

Qualifications:

• Completion of Grade 12.
• A relevant qualification would be advantageous.

Experience:

• Minimum of 3 years of experience in medical and/or financial underwriting.
• Familiarity with underwriting processes is preferred.
• Exposure to financial underwriting and business insurance is beneficial.
• Proficiency in underwriting software/programs is advantageous.
• Knowledge of underwriting and reinsurance policies is desirable.

Knowledge:

• Understanding of medical condition prognosis.
• Proficiency in medical terminology, including anatomy and physiology.
• Comprehensive knowledge of financial statements and questionnaires.

Competencies:

• Effective communication skills.
• Strong presentation abilities.
• Business acumen.
• Ability to make sound decisions.
• Analytical thinking skills.
• Innovation mindset.
• Effective planning and alignment.
• Attention to detail.
• Customer-centric approach.
• Collaboration skills.
• Driven to achieve results.
• Ability to foster team success.
• Resilience in challenging situations.
• Comfortable with technology.