Insurance Underwriting Officer

Responsibilities:

• Review and assess insurance applications in line with established underwriting guidelines and company policies.
• Analyze risk exposures and determine appropriate coverage, policy terms, conditions, and premium rates.
• Evaluate underwriting information and make sound decisions to ensure portfolio profitability and sustainability.
• Maintain accurate underwriting records, documentation, and reports.
• Monitor portfolio performance and identify emerging risk trends.
• Liaise with agents, brokers, partners, and other stakeholders to facilitate efficient underwriting processes and service delivery.
• Ensure compliance with all relevant regulatory requirements and internal controls relating to microinsurance operations.
• Provide technical underwriting support to sales and operations teams.
• Contribute to product development initiatives and financial inclusion programs targeted at underserved markets.
• Participate in continuous improvement initiatives aimed at enhancing underwriting efficiency and customer satisfaction.

Requirements:

• Bachelor's Degree in Insurance, Risk Management, Finance, Economics, Business Administration, or a related discipline.
• Minimum of 2–3 years' relevant experience in insurance underwriting, preferably within the microinsurance sector.
• Strong knowledge of underwriting principles, risk assessment techniques, and insurance operations.
• Good understanding of microinsurance products, regulatory requirements, and industry practices.
• Proficiency in Microsoft Office applications and underwriting management systems.
• Professional certification such as ACIIN or equivalent will be an added advantage.