Tag Archives: underwriting

Intern: IL New Business & Underwriting – Assupol

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Assupol is offering unemployed graduates an opportunity to join our organization for an Internship Programme in IL New Business & Underwriting.

Successful applicants will gain exposure to our financial services, corporate environment, products, and services through interaction with our experienced management and staff members. The aim of the program is to assist unemployed graduates to gain work readiness skills that will ultimately lead them to being employed in the Corporate world.

Opportunities are also available in Group Legal Services, Compliance & Regulatory Affairs Actuarial – Product Development, IT Operations, IT Development and Group Finance.

The opportunity for the Internship Program is based at Assupol Head Office in Menlyn, Pretoria.

The internship programme is offered for a period of 12months with a possible renewal of the internship contract based on performance.

Shared hosting starting at $9.88/yr!

Successful candidates will be required to sign an internship contract for the duration of the internship period. The placement of individuals for permanent positions who successfully complete the programme, is solely dependent on the availability of a suitable vacancy.

Candidates with disabilities are encouraged to apply.

Applicants must have one of the following qualifications:

  • Bachelor’s/BCom in:
    • Business Management
    • Economics
    • or relevant qualification
  • Bachelor of Nursing Science/relevant

Knowledge & skills required:

  • Grade 12
  • Academic record (your final mark will determine your consideration for the intake into the programme)
  • Motivational letter & future goals


  • Good communication and language skills
  • Interpersonal skills
  • People skills
  • Organizational skills


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Old Mutual Trainee Opportunity 2017

Old Mutual South Africa invites suitably qualified candidates to apply for Trainee positions within its vibrant Underwriting Team in Pinelands, Cape Town. If you are dynamic, articulate, goal directed, with high energy, a positive attitude and passion, read more about this exciting opportunity.

This Underwriter Development Programme position prepares participants for a career in underwriting, through a robust in-house training program. The underwriting interns will learn about our underwriting philosophy, business unit products, strategies, principles of negotiation and relationship building.

The Underwriter Development Programme will span over a period of twelve (12) months. During the 12 month period, candidates will be assessed by way of examinations, assignments and practical application of knowledge. As knowledge base increases, participants will gradually be given more responsibility within the department.

Underwriters on the Development Programme will begin by handling low risk business and capturing of medical information under the supervision of an Underwriter and gradually progress to more advanced levels of risk assessment as their skills develop.

At the end of the twelve month period comprehensive audits will be conducted to establish overall quality of work and decision making capability.

Success will be measured by a predetermined minimum pass rate. After successful completion of the 12 month Underwriter Development Programme candidates will be appointed permanently as an Underwriter.


  • Be responsible for underwriting decisions, under the supervision of a mentor.
  • Effectively handle all intermediary enquires 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 client care.
  • Develop critical underwriting skills, through classroom, independent, and on-the-job training, including analysis of exposures, determination of appropriate insurance coverage and conditions.
  • Gather and review information on financial conditions, risk exposures, and economic trends that may affect the risk provided.
  • Establish, support, and maintain effective relationships with customers, agents and broke


  • Matric with Biology or Mathematics or Accounting
  • Relevant Tertiary Qualification highly advantageous.
  • PC proficiency
  • Good problem-solving and decision-making skills.
  • Strong planning, organising and time-management skills.
  • Ability to work under pressure whilst still maintaining a professional image.
  • Good interpersonal skills.
  • Innovative and energetic, strong team player.
  • Well developed written & verbal communication skills (fully bilingual, English and one other official language) essential.
  • Must be willing to work overtime where necessary.
  • Must demonstrate a strong customer focus
  • Strong telephony skills