Senior Underwriter - Business Development
At a glance
Senior Business Development role at Old Mutual. Kampala · full-time.
Pay not stated Business Development salary
growthroles summary, based on the employer's posting.
What you'll do
- Assess assigned risks, decide whether they can be accepted, and request surveys where needed
- Review account and intermediary results, keeping the overall loss ratio below the stated threshold
- Prepare quotations and policy documents, approve documents within your authority, and pursue renewals
- Visit clients and intermediaries, promote products and services, and maintain service standards
- Oversee staff and intermediaries on technical work while coordinating with claims, credit control and reinsurance partners
What you bring
- A bachelor's degree in actuarial science, business or finance, plus an insurance diploma
- At least five years of experience
- Insurance-market knowledge, sound risk assessment and analytical ability, and reinsurance knowledge
Who this fits
This senior role suits someone ready to supervise staff and intermediaries while handling underwriting and client relationships. You’ll work in Kampala and must support customer due diligence, KYC checks, ongoing review and escalation of potential compliance concerns.
From the employer
Lets Write Africa's Story Together!
Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.
Job Description
To manage underwriting operations by assessing risks, ensuring proper documentation, and maintaining service excellence. The role requires effective supervision of staff, adherence to underwriting standards, and proactive engagement with clients and intermediaries to ensure profitability, compliance, and high-quality service delivery.Key Responsibilities
The following key outputs are required from this role.
- Determine acceptability of risks, recommend risk surveys, monitor and review terms of accounts assigned
- Supervise, train and mentor staff and intermediaries on technical matters to ensure their skills are sharpened
- Approve issuance of underwriting documents
- Prepare and follow up renewal notices to ensure retention
- Requisition for premium refund to facilitate issue of cheques
- Establish that premiums are paid in respect of accounts managed in line with the agreed payment plans
- Maintain effective business relationships to ensure effective delivery of service
- Monitor service standards within the section to ensure high-quality customer service is delivered.
Deliverables
The following detailed outputs are required from this role.
- Prepare documents – policies, endorsements, certificates within standards of service
- Ensure timely issuance of renewal notices and renewal terms including renewal follow-up
- Review of performance of accounts/intermediaries to ensure overall loss ratio is kept below 70%
- Carry out regular Intermediary/Client visits
- Maintain and account for accountable documents
- Sign documents within authority levels
- Liaise with claims and credit control to monitor account performance
- Market company products and service to intermediaries and clients
- Complete reinsurance cards for large risks and ensure smooth relationship with reinsurance partners
- Monitor and ensure QOP standards are upheld in the department and report any issues to the quality management committee in a timely manner.
- Carry out payment requisitions immediately when they are presented
- Establish that quotations, including those done by Assistant underwriters are competitive
- Preparation of quotations and follow-up
- Establish that all other users of EDMS are assisted anytime they have any problem regarding the system.
Key competencies
The following key behavioural competencies are required to be successful in this role.
- Good communication skills
- Computer literate
- Good assessment and analytical skills
- Ability to interact at all levels
- Knowledge of insurance market
- Application of re-insurance
- Leadership skills
- Relationship management skills
Knowledge and Experience
Qualifications: University degree Actuarial Science, Finance, Business & Qualification in Insurance (Diploma in Insurance)
Experience: 5 years’ experience
ANTI-MONEY LAUNDERING (AML) EXPECTATION
The incumbent will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual and its subsidiaries. This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality. Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action.
Skills
Accountability, Customer Due Diligence (CDD), Legal Practices, Management Reporting, Quality Services, Regulatory Compliance Management, Risk Management, Service Excellence, Underwriting ManagementCompetencies
Action OrientedBusiness InsightCollaboratesCommunicates EffectivelyDecision QualityEnsures AccountabilityFinancial AcumenInstills TrustEducation
Bachelors Degree (B): Actuarial Science (Required), Bachelors Degree (B): Business (Required), Bachelors Degree (B): Finance (Required)Closing Date
29 October 2026 , 23:59The Old Mutual Story!
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