The 12-month Trainee Underwriter programme prepares the participant for the position of Individual Life Underwriter and is an opportunity to develop oneself in this field. Old Mutual offers this prospect to enable persons current to the industry or to the job of risk underwriting, to develop the necessary skills to begin the career journey of an Underwriter. This is a 12-month Fixed Term contract with the specific goal of teaching the skills necessary to be an Underwriter. During the training a stipend is paid. Once fully trained, and all training requirements met, the trainee would be in a position to apply for a permanent position in the underwriting team.
Responsibilities
- Be responsible for underwriting decisions, under the supervision of a mentor
- Effectively handle all intermediary enquiries and give advice re specific requirements and impairments
- Accurately capture underwriting information into the product administration system
- Provide written communication to clients and distribution channels
- Keep abreast of developments and trends in areas of expertise
- Uphold and maintain the image of Underwriting and Old Mutual by always maintaining the highest standard in customer care
- Develop critical underwriting skills, through classroom, independent, and on-the-job training, including analysis of health conditions, environmental and pastime exposures, and determination of appropriate insurance coverage
Qualifications
- Matric with either Biology/Life Sciences and Mathematics or Biology/Life Sciences and Accounting essential (please include matric subjects on CV)
- Tertiary degree or diploma (minimum NQF7) essential
- A medically aligned degree, BSc or BCom would be advantageous