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Chief Insurance Underwriter

00100 Abothuguchi West KES160000 Annually WhatJobs Direct

Posted 5 days ago

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Job Description

full-time
Our prestigious insurance group is seeking a highly experienced and strategic Chief Insurance Underwriter to lead our underwriting division. This is a hybrid role, offering a blend of remote flexibility and in-office collaboration at our Nairobi headquarters. You will be responsible for developing and implementing underwriting policies, assessing complex risks, and managing a team of underwriters to ensure profitable growth and sound risk management. The ideal candidate possesses deep expertise in insurance principles, exceptional analytical skills, and strong leadership capabilities.

Responsibilities:
  • Develop, implement, and refine underwriting guidelines, policies, and procedures across various lines of insurance.
  • Evaluate and assess complex risks, determining appropriate coverage levels, terms, and pricing.
  • Lead and mentor a team of underwriters, providing guidance, training, and performance management.
  • Monitor underwriting performance, profitability, and market trends to identify opportunities and mitigate risks.
  • Collaborate with actuaries, claims departments, and sales teams to ensure alignment and achieve business objectives.
  • Review and approve high-value or complex risks that exceed the authority of junior underwriters.
  • Ensure compliance with all relevant insurance regulations and legal requirements.
  • Develop and maintain strong relationships with brokers, agents, and other external partners.
  • Contribute to the development of new insurance products and strategies.
  • Analyze financial statements and loss data to support underwriting decisions.

Qualifications:
  • Bachelor's degree in Finance, Business Administration, Actuarial Science, or a related field. Advanced degree or relevant professional designations (e.g., ACII, CPCU) are highly desirable.
  • Minimum of 10 years of progressive experience in insurance underwriting, with at least 3 years in a senior or leadership role.
  • Proven expertise in underwriting various lines of insurance, including (mention specific lines, e.g., property, casualty, life, health).
  • Strong understanding of risk management principles, financial analysis, and actuarial concepts.
  • Exceptional analytical, decision-making, and problem-solving skills.
  • Excellent leadership, team management, and communication abilities.
  • Proficiency in insurance underwriting software and systems.
  • Ability to work effectively in both remote and in-office settings.
  • In-depth knowledge of the Kenyan insurance market and regulatory landscape.

This hybrid opportunity is perfect for a seasoned underwriting professional seeking to lead and innovate within a dynamic insurance environment. If you possess the strategic vision and expertise to excel in this role, we encourage you to apply.
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