Old Mutual

Team Leader: Underwriting (OMAO)

Otjiwarongo Full time

Lets Write Africa's Story Together!

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

Job Description

Minimum Requirements:

  • Namibian Citizen;

  • NQF Level 7 tertiary qualification in B.com or B. Business admin;

  • 3 - 5 years of Short Term Insurance experience, of which at least 1 - 2 years should be on supervisory level;

  • Appropriate Insurance qualification; e.g. Associate, preferably Fellow of Insurance Institute will be an added advantage;

  • Business acumen

  • Managerial experience;

  • Computer literacy and good numeric skills are essential with excellent MS Office skills.

  • Ability to work under pressure;

  • Ability to work independently; 

  • Excellent communication and organisational skills; and

  • Comprehensive practical knowledge of reinsurance:  FAC, Treaty and the like.

Job Description:

  • • Manages daily operational (client service and or administrative) delivery within specific functional area.
  • • Accountable for technical decision making within a specific functional area.
  • • Could take accountability for the implementation of a strand of an operational project.
  • • Individually accountable for customer/client service delivery through efforts of other periods of up to 3 months.
  • • Balances own priorities with directing and motivating others.
  • • Plans and assigns work over the applicable period.
  • • Guides and directs staff to achieve operational excellence standards.
  • • Creates a climate for optimal performance & Manages performance.
  • • Selects potential staff to sustain customer/client service delivery.
  • • Responsible for day-to-day feedback and review performance.
  • • Coaches and mentors’ staff.
  • • Delivers, maintains and enhances service / work standards and work quality within a given process.
  • • Ensures daily processing complies with all appropriate product and legislative rules and requirements
  • • Develops and maintains procedural documentation.
  • • Establishes and maintains relationships with internal stakeholders
  • • Builds and manages external relationships

Ensures that general insurance claims are handled expeditiously and in a professional manner thereby meeting the customer expectations. Manages the claims function with a team of claims assessors and negotiators. Develops the claims policy, procedures, and practices. Evaluates risks with claims, coverage complexity, and those in excess of field approval limits. Provides counsel regarding claims evaluation and coverage.

Responsibilities

Fraud/Financial Crime Investigation

Contribute to the investigation of cases of suspected fraud or financial crime by gathering, analyzing, and retaining information and physical evidence to support criminal investigation and/or legal action. Recommend further actions to the lead investigator.

Fraud/Financial Crime Management

Deliver fraud prevention reporting and analysis for a designated area of operations, using financial crime/fraud prevention systems to identify instances, patterns, and trends of suspicious activity, to enable the prevention of fraud and enable the initiation of loss mitigations and fraud investigations.

Fraud/Financial Crime-Management Systems Development

Review external research and analysis, and analyze customer or client transactions to identify fraud trends and emerging risks, and to support the development of fraud/financial crime prevention strategies, policies, procedures, and monitoring systems.

Insurance Claims Administration

Review and analyze complex insurance claims in line with the organization's standard claims procedures and customer service standards. Initiate investigations and engage independent loss adjusters and/or subject-matter experts where appropriate. Authorize claims within delegated authority and refer unresolved issues or disputes to line manager.

Insurance Claims Evaluation

Investigate the circumstances of claims and the nature and extent of clients' losses. Review and evaluate information gathered using own subject-matter expertise, and examine additional evidence provided by specialist investigators or subject-matter experts to determine the extent of liability. Negotiate settlement of insured losses in line with delegated authority.

Leadership and Direction

Explain the local action plan, to support team members in their understanding of what needs to be done, and how this relates to the broader business plan and the organization's strategy, mission, and vision; motivate people to achieve local business goals.

Work Scheduling and Allocation

Assign short-term work schedules to a team of subordinates in order to achieve expectations while following established timelines.

Financial Policies, Guidelines, and Protocols

Contribute to the development and delivery of financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Organizational Capability Building

Provide coaching to team members to develop their skills.

Performance Management

Respond to personal objectives and use performance management systems to improve personal performance; or monitor the performance of the team, allocate work and review completion, take appropriate corrective action to ensure timeliness and quality, and contribute to formal individual performance management and appraisal.

Regulatory and Compliance Management

Investigate standard incidents using current regulatory and compliance processes, systems, and procedures, and take action to solve immediate compliance issues. Advise more senior colleagues on more complex problems.

Solutions Analysis

Interpret data and identify possible answers. Involves navigating a wide variety of processes, procedures, and precedents.

Skills

Action Planning, Claims Management, Current State Assessment, Data Compilation, Data Controls, Executing Plans, Financial Auditing, Insurance Claims Investigations, Oral Communications, Policies & Procedures, Typology

Competencies

Business Insight

Communicates Effectively

Decision Quality

Directs Work

Ensures Accountability

Financial Acumen

Instills Trust

Manages Complexity

Education

NQF Level 7 - Degree, Advance Diploma or Postgraduate Certificate or equivalent

Closing Date

27 March 2026 , 23:59

The Old Mutual Story!