Underwriter

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

This role requires knowledge of the trade credit insurance industry as well as the policies/products of CGIC to manage a portfolio of clients. This includes conducting assessments of debtors, reviewing policies on an annual and/or adhoc basis, formulating quotations for new business and to action adverse as and when it arises.

• A trade credit insurance underwriter plays a key role in the business, they are essentially part of the ‘front-of-office’ which means that you are the general contact person for our clients.

• Therefore, you are required to take calls, respond to emails, manage expectations and keep to strict timelines.

• A good understanding of the trade credit insurance industry is needed to manage client policies which can include making policy structure changes by means of endorsements, reviewing the policy on an annual and sometimes ADHOC basis as well as meeting with clients to better understand their requirements.  

• This knowledge will also be used to formulate quotations for potential new business.

• In addition to the above, the role requires you to use knowledge of financial statements, industries and the economy to conduct thorough risk assessments of our clients debtor’s book and submit motivations for authorization.

• This will include gathering of information such as bank statements, financial statements, credit bureau updates and getting to understand the business being underwritten.

• This information needs to be filed accordingly ensuring all admin is up to date. It is also required for adverse information to be interpreted and decisive action to be recommended as and when it occurs.

• Skills:

• Able to work under pressure – good workflow management is required

• Effective time management ensuring deadlines are met

• Work task organization e.g scanning, motivations, reviews and endorsements

• Attention to detail, adaptability, and ability to optimize resources

• Computer literacy, with the ability to operate excel and create power point presentations

• Good Telephone communication skills paired with professional writing. You will be dealing with brokers, clients and debtors on a daily basis.

• Collaboration with team members

• Ability to assess financial statements

• Qualifications:

• A degree in Finance, Risk or Economics will be advantageous.

 

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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 Oriented

Business Insight

Collaborates

Communicates Effectively

Decision Quality

Ensures Accountability

Financial Acumen

Instills Trust

Education

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

Closing Date

26 July 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.

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