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Senior Insurance Underwriter - Remote Risk Assessment

90100 Mlolongo, Eastern KES390000 Annually WhatJobs Direct

Posted 4 days ago

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Job Description

full-time
Our client is seeking a highly analytical and experienced Senior Insurance Underwriter to join their fully remote underwriting team. This pivotal role will be responsible for assessing and evaluating insurance risks, determining coverage terms, and setting appropriate premiums for a diverse portfolio of insurance products. You will leverage your expertise in risk management and financial analysis to make informed underwriting decisions, ensuring profitability and compliance with regulatory requirements. The ideal candidate will possess a deep understanding of various insurance lines (e.g., property, casualty, life, health) and a proven ability to analyze complex data sets. Your responsibilities will include reviewing insurance applications, conducting thorough risk assessments, developing underwriting guidelines, and collaborating with agents and brokers to provide clear and timely responses. You will also play a key role in identifying emerging risks and contributing to the development of new insurance products and strategies. This is an exceptional opportunity to advance your career in a flexible, remote-first environment, contributing to the financial security of clients and the stability of the insurance market. We are looking for a detail-oriented, proactive professional with strong decision-making capabilities and excellent communication skills. The ability to interpret complex financial information, regulatory documents, and actuarial data is essential. Your expertise in risk mitigation techniques and underwriting best practices will be highly valued. This role demands a rigorous approach to risk assessment, a commitment to ethical conduct, and the ability to manage a substantial workload efficiently while working remotely. You will be instrumental in upholding the company's underwriting standards and contributing to its continued success.
Responsibilities:
  • Evaluate insurance applications and assess risk exposure.
  • Determine coverage terms, conditions, and pricing for various insurance policies.
  • Analyze financial statements, loss history, and other relevant data.
  • Develop and implement underwriting guidelines and procedures.
  • Communicate underwriting decisions and rationale to agents and brokers.
  • Identify and assess emerging risks and trends in the insurance market.
  • Collaborate with claims, actuarial, and product development teams.
  • Ensure compliance with insurance regulations and company policies.
  • Contribute to the development of new insurance products and strategies.
  • Mentor junior underwriters and provide technical guidance.
Qualifications:
  • Bachelor's degree in Finance, Economics, Business Administration, or a related field; Professional certifications (e.g., CPCU, AU) are highly desirable.
  • Minimum of 7 years of experience in insurance underwriting.
  • Proven expertise in evaluating risks for multiple insurance lines.
  • Strong analytical, quantitative, and decision-making skills.
  • In-depth knowledge of insurance principles, products, and regulations.
  • Excellent communication, negotiation, and interpersonal skills.
  • Proficiency in underwriting software and related technologies.
  • Ability to work independently and manage a high volume of work remotely.
  • Demonstrated commitment to ethical underwriting practices.
Our client is an equal opportunity employer.
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