FirstRand / FNB
Job DescriptionTo promote, develop and implement the Company's underwriting philosophy and strategy through the successful delivery of a variety of underwriting functions to maximize performance and achieve company objectives.Hello Future Underwriting 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 in FR 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, guidance and development to the medical underwriting team to ensure that the team complies with goals, objectives and standards of the organization to meet customer satisfaction, deadlines and manage the risk of the organisation.Review & ratification of underwriting business processes to the Underwriting Management TeamMaintain and govern the underwriting processes for the Underwriting DepartmentUnderstand and operate within regulatory framework and identify and escalate any risks to the business.Support the Underwriting Managers with their role objectives as needed.Research and maintain an awareness of market conditions, practice and legislation, making appropriate recommendations by identifying opportunities to maximize business performance.Lead or support defined pieces of work end to end within agreed timelines.Pro-actively identify areas for process improvement and efficiency enhancements.Support other key tasks within the Underwriting Operations Team such as reinsurance maintenance, reporting, Auditing as well as the Underwriting Department.Assessment of medical, financial & occupational underwriting risk.Assessment of complex and commercial cases within the agreed KPI targetCreation of business practice guidelines Creation, implementation, review, testing & maintenance of Medical underwriting rules & questions.Relationship management with re-insurance treaty partnersImplement Re-insurer guidelines and requirements.Assist with Ad hoc letters, non-disclosure letters & communicating changes in standards.Providing input to Lead underwriting on Ombudsman cases, High priority, CEO and media complaintsOnboarding Training, mentoring & coaching of UnderwritersTraining & support for Underwriting, Advisory and Call Centre teamsProviding retrospective underwriting decisions at claims stage Conduct and recommend Limit reviews for underwriters.Assist with / conduct periodic quality assurance reviews for in-force policies.Handle complex technical queries.Work with Underwriting Data Specialists to translate underwriting philosophy into underwriting Specialists,You will be an ideal candidate if you:MatricRelevant degree would be advantageousFit & Proper requirements for long term insurance category B1 for advice (advantageous)Minimal of 10 years with at least 5 years senior underwriting experience) Knowledge:Proven track record in medical training or previous medical underwriting at an advanced levelA higher / advanced level of product knowledge regarding Lump Sum Disability, Critical Illness,Income Protection, Business Cover, Group Risk, and the assessment and underwriting thereof.Assessment of medical, financial & occupational underwriting risk of an organisation In-depth and expert knowledge and application of underwriting administration processesExperience of influencing stakeholders within underwriting and wider business areasSystems and analytical experienceProven advanced underwriting and technical background You will have access to: Opportunities to network and collaborateA challenging working environment that is progressive and agileOpportunities to innovate where initiative is taken and owned end to endWe can be a match if you are: Adaptable and curiousAttention to detailThrive in a collaborative environmentDeadline drivenAble to handle a pressurized environmentApply 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 NoteTake note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.24/09/26All 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.