Exciting Opportunity: Senior Technical Underwriter in Sandton, Johannesburg
A leading company in the financial sector, Momentum Group, is seeking a knowledgeable Senior Technical Underwriter. Join a dynamic team in Sandton, Johannesburg, and take the next step in your underwriting career.
Key Responsibilities
- Provide technical underwriting expertise and support to product owners, Underwriting Management Areas (UMAs), and binders.
- Ensure compliance with all legislative and licensing requirements applicable to underwriting.
- Evaluate risks and assess insurance applications to determine coverage options.
- Collaborate with various teams to develop and improve underwriting guidelines and processes.
- Assist in training and mentoring junior underwriters and staff within the department.
Requirements
- Qualification: Relevant degree or professional qualification in insurance or a related field.
- Experience: At least 5 years of experience in technical underwriting within the insurance industry.
- Skills: Strong analytical skills and proficiency in risk assessment; excellent communication and negotiation skills.
- Knowledge: Familiarity with legislative and compliance standards related to the insurance sector.
💰 Salary Insight
Estimated Offer: R40,000 – R60,000 per month.
(Note: Salary figures are based on market estimates for similar positions.)
🔮 3 Common Interview Questions for this Role
- “How do you approach the evaluation of complex insurance risks?”
- “Can you provide an example of a time you improved an underwriting process?”
- “What strategies do you use to stay current with changes in the insurance industry?”
Tips on Crafting a CV for this Role
- Highlight Relevant Experience: Detail previous roles in underwriting and any specialized projects.
- Showcase Analytical Skills: Include examples of risk assessments you have conducted.
- Emphasize Continuing Education: Mention any courses or certifications relevant to underwriting and insurance regulations.
Related Job Titles: Underwriter, Risk Analyst, Insurance Advisor, Compliance Officer.
