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Underwriter Mark 1
full-timeJohannesburg

Summary

Location

Johannesburg

Type

full-time

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About this role

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

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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.

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

28 January 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.

The Old Mutual Story!

Other facts

Tech stack
Attention To Detail,Computer Literacy,Effective Time Management,Financial Acumen,Good Telephone Communication Skills,Management Reporting,Numerical Aptitude,Risk Management,Underwriting Management

About Old Mutual Limited

Old Mutual Limited is a premium pan-African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries. We have been helping our customers achieve their lifetime financial goals for over 170 years by investing their funds in ways that create positive futures for them, their families, their communities and broader society.
In this way, we significantly contribute to improving the lives of our customers and their communities while ensuring a sustainable future for our business.

We employ more than 30 000 people and operate in 14 countries across two regions Africa (South Africa, Namibia, Botswana, Zimbabwe, Kenya, Malawi, Tanzania, Nigeria, Ghana, Uganda, Rwanda, South Sudan and eSwatini) as well as Asia (China)

So why work here?

We believe you can shape the future with us – a future where we build a better Africa together. That’s why we’re committed to creating opportunities that will give you an edge on the rest. Once you’re part of our team, you will have access to the best breed of advice, tools and frameworks that will equip you to be your exceptional best. #MomentsThatMatter

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Financial Services

What you'll do

  • The underwriter will manage a portfolio of clients by conducting assessments of debtors, reviewing policies, and formulating quotations for new business. They will also interpret adverse information and recommend decisive actions as necessary.

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Frequently Asked Questions

What does a Underwriter Mark 1 do at Old Mutual Limited?

As a Underwriter Mark 1 at Old Mutual Limited, you will: the underwriter will manage a portfolio of clients by conducting assessments of debtors, reviewing policies, and formulating quotations for new business. They will also interpret adverse information and recommend decisive actions as necessary..

Why join Old Mutual Limited as a Underwriter Mark 1?

Old Mutual Limited is a leading Financial Services company.

Is the Underwriter Mark 1 position at Old Mutual Limited remote?

The Underwriter Mark 1 position at Old Mutual Limited is based in Johannesburg, Gauteng, South Africa. Contact the company through Clera for specific work arrangement details.

How do I apply for the Underwriter Mark 1 position at Old Mutual Limited?

You can apply for the Underwriter Mark 1 position at Old Mutual Limited directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Old Mutual Limited on their website.