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 uses specialist technical knowledge to assess claims in the individual life benefit range for the business and/or specific products.
This role is for a dynamic individual with a willingness to learn and be part of a specialised claims assessing team.
Role Requirements
Matric with Biology, Mathematics, or Accounting essentialCompleted medical / medically aligned degree, e.g. Nursing; Occupational Therapy; Physiotherapy, or a three (3) year related diploma would be a distinct advantage.Claims assessing experience would be an added advantage.Specialised medical knowledge through learning or experience is essential.Experience in the Financial Service Industry would be advantageous.PC proficiency in MS Office i.e. Word, Excel, etc.Well-developed interpersonal skills.Strong verbal and written communication skills particularly the ability to have difficult conversations.Attention to detail.Well-developed problem-solving skills.Excellent time management skillsGood presentation skills.Must be a team player.Must be willing to work shifts and overtime where necessary.Reviews risk submissions from clients, agents, and referrals, and underwrites insurance requests within guidelines of the underwriting manual and authority limits. Applies underwriting and risk-selection techniques to determine acceptability of new and renewal insurance risks.ResponsibilitiesUnderwriting Insurance CasesReview new business and renewal proposals to ensure acceptability and completeness of underwriting and rating information, providing price quotations for underwriters and referring unusual or complex cases to senior colleagues.
Underwriting AutomationCarry out allocated research and analysis to support the development, validation, and improvement of automated underwriting processes and systems.
Organizational Risk ManagementGather, monitor, and analyze risk data and recommend further investigation. Involves using established risk management models, systems, and protocols and working under direction.
Regulatory and Compliance ManagementCarry out a wide range of compliance monitoring activities and give basic advice on compliance and regulatory requirements.
External CommunicationsUse the external communications system to access and supply specific information.
RecommendationsProvide information and clarification on existing procedures, processes, and precedents.
Document PreparationPrepare moderately complex documents using a variety of applications for technology devices, such as standard office software. Also responsible for gathering and summarizing data for reports.
Operational ComplianceDevelop knowledge and understanding of the organization's policies and procedures and of relevant regulatory codes and codes of conduct to ensure own work adheres to those standards. Obtain authorization from a supervisor or manager for any exceptions from mandatory procedure.
Personal Capability BuildingDevelop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching. Develop and maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.
Skills
Action Planning, Computer Literacy, Data Compilation, Data Controls, Default Risk, Insurance Product Management, Insurance Sales, Legal Practices, Management Reporting, Numerical Aptitude, Oral Communications, Professional Presentation, Risk Based Pricing, Risk Management, Underwriting ManagementCompetencies
Action OrientedCollaboratesCommunicates EffectivelyEnsures AccountabilityInstills TrustManages ComplexityOptimizes Work ProcessesPlans and AlignsEducation
NQF Level 3 & NQF Level 2 - Below school leavingClosing Date
17 March 2025 , 23:59The 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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