Underwriting Graduate Trainee Medical

Job Description

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Responsible for assessing and evaluating insurance applications, analysing risks, and determining appropriate coverage and premiums. This role involves making informed decisions based on risk assessment and underwriting guidelines to ensure profitability and maintain a balanced portfolio for the insurance company

• Issuing and sending of medical quotations by applying actuarial knowledge and skills to provide a dynamic, customer centric pricing model.
• Preparing quarterly usage reports and scheme analysis for ongoing clients
• Monitor risk and provide business insights to the Head of Medical and or Senior Underwriter.
• Participate in sharing renewal notices whenever delegated, which may include renewal negotiations and pricing.
• Participate in product development.
• Ensure compliance with regulatory requirements, underwriting standards, and company policies, and adhere to ethical practices.

Skills

Company Policies, Ensure Compliance, Ethical Practices, Negotiation, Price Management, Pricing Models, Profitability, Regulatory Requirements, Underwriting, Underwriting Guidelines

Education

Bachelors Degree (B): Actuarial Science (Required)

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