2 Senior Underwriter General Insurance jobs in whatjobs

Senior Underwriter, General Insurance

90100 Mangu KES290000 Annually WhatJobs

Posted 23 days ago

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Job Description

full-time
Our client, a reputable insurance provider, is seeking a seasoned Senior Underwriter to join their expanding remote team. This position is fully remote, offering flexibility and the opportunity to work from anywhere. The successful candidate will be responsible for evaluating, accepting, and pricing insurance risks. This role requires a deep understanding of insurance principles, risk assessment, and a keen eye for detail to ensure profitable underwriting decisions within the Machakos area and beyond.

Key Responsibilities:
  • Accurately assess and underwrite complex insurance applications, evaluating risks and determining appropriate coverage and terms.
  • Price insurance policies to ensure competitiveness while maintaining profitability targets.
  • Develop and maintain strong relationships with brokers, agents, and clients to facilitate business acquisition.
  • Collaborate with the claims department to provide input on policy interpretation and complex claims issues.
  • Stay informed about market trends, regulatory changes, and competitor activities in the insurance industry.
  • Assist in the development and refinement of underwriting guidelines and procedures.
  • Provide technical guidance and mentorship to junior underwriters.
  • Analyze loss experience data to identify trends and inform underwriting strategies.
  • Ensure compliance with all relevant insurance regulations and company policies.
  • Contribute to the development of new insurance products and services.
Qualifications:
  • Bachelor's degree in Business, Finance, Risk Management, or a related field.
  • Minimum of 6 years of progressive experience in insurance underwriting, with a focus on general insurance lines.
  • Proven track record of sound underwriting judgment and profitability.
  • In-depth knowledge of various insurance products, policy wordings, and underwriting principles.
  • Strong analytical and quantitative skills, with the ability to interpret financial statements and risk data.
  • Excellent communication, negotiation, and interpersonal skills.
  • Proficiency in underwriting software and relevant IT systems.
  • Ability to work independently, manage a diverse workload, and meet deadlines in a remote setting.
  • Professional designations such as ACII or equivalent are highly desirable.
  • Strong understanding of the Kenyan insurance market and regulatory environment.
This remote underwriting role offers a competitive salary and benefits package, along with the chance to significantly influence underwriting strategy for a growing insurance company.
This advertiser has chosen not to accept applicants from your region.

Senior Underwriter - General Insurance

60100 Embu, Eastern KES170000 Annually WhatJobs

Posted 5 days ago

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Job Description

full-time
Our client, a reputable insurance provider, is seeking an experienced Senior Underwriter to join their fully remote underwriting department. This role is crucial for assessing risk, determining policy terms, and pricing insurance products accurately across various lines of general insurance. The ideal candidate will possess a strong analytical mindset, a deep understanding of insurance principles and regulations, and the ability to make sound underwriting decisions independently within a remote framework.

Responsibilities:
  • Evaluate insurance applications and assess risks associated with potential policyholders.
  • Determine appropriate policy terms, conditions, coverage limits, and premiums in accordance with underwriting guidelines.
  • Analyze financial statements, loss history, and other relevant data to make informed underwriting decisions.
  • Develop and maintain strong relationships with brokers and agents, providing expert guidance on underwriting matters.
  • Monitor market trends and regulatory changes affecting the insurance industry.
  • Contribute to the development and refinement of underwriting policies and procedures.
  • Identify opportunities for process improvements and efficiency gains within the underwriting function.
  • Collaborate with claims and actuarial departments to ensure consistent risk assessment and pricing strategies.
  • Provide training and mentorship to junior underwriters.
  • Ensure compliance with all relevant legal and regulatory requirements.
Qualifications:
  • Bachelor's degree in Finance, Economics, Business Administration, or a related field.
  • Minimum of 5 years of experience in underwriting, preferably with a focus on general insurance (e.g., property, casualty, liability).
  • Strong understanding of insurance contracts, risk management principles, and underwriting best practices.
  • Excellent analytical, critical thinking, and problem-solving skills.
  • Proficiency in using underwriting software and data analysis tools.
  • Knowledge of relevant insurance regulations and compliance requirements.
  • Strong negotiation and communication skills, with the ability to build rapport remotely.
  • Demonstrated ability to manage a high volume of work and prioritize effectively.
  • Professional designations such as ACII, CPCU, or equivalent are highly desirable.
  • Ability to work independently and as part of a distributed team in a remote setting.
This is a significant opportunity to contribute to a stable and growing industry from the comfort of your home office. You will play a key role in the financial health and strategic direction of the company, managing complex risk portfolios. The position is fully remote, allowing for flexibility while supporting critical business functions and the broader economic landscape, including insurance markets relevant to areas like Embu, Embu, KE .
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