36 Commercial Underwriting jobs in Kenya
Senior Underwriting Manager, Commercial Property
Posted 1 day ago
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Job Description
Responsibilities:
- Lead and manage the commercial property underwriting team, providing guidance and setting performance standards.
- Develop and implement underwriting strategies to achieve profitable growth targets.
- Evaluate complex commercial property risks and determine appropriate coverage and pricing.
- Approve or decline risks within established underwriting authority.
- Monitor market trends, competitor activities, and economic conditions impacting commercial property insurance.
- Develop and maintain strong relationships with brokers, agents, and clients.
- Ensure compliance with regulatory requirements and company policies.
- Train and mentor junior underwriters, fostering their professional development.
- Collaborate with claims, actuarial, and product development departments.
- Contribute to the development of new insurance products and services.
- Bachelor's degree in Business, Finance, Insurance, or a related field.
- 7+ years of experience in commercial property insurance underwriting.
- Minimum of 3 years of experience in a management or supervisory role.
- Deep understanding of commercial property insurance principles, risk management, and market dynamics.
- Strong analytical, quantitative, and decision-making skills.
- Excellent leadership, communication, and interpersonal abilities.
- Proven ability to manage a team and drive performance.
- Knowledge of insurance regulations and compliance.
- Professional designations such as CPCU, AU, or similar are highly desirable.
- Ability to work effectively in a hybrid work environment.
Senior Underwriting Manager - Commercial Lines
Posted 2 days ago
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Job Description
Key Responsibilities:
- Lead and manage a team of commercial lines underwriters, providing guidance and mentorship.
- Develop, implement, and refine underwriting guidelines and strategies to ensure profitable growth.
- Assess and underwrite complex commercial risks, making sound risk selection decisions.
- Monitor underwriting performance, identify trends, and implement corrective actions as needed.
- Collaborate with sales and marketing teams to support business development efforts.
- Work closely with claims and actuarial departments on risk management and pricing strategies.
- Ensure compliance with all relevant insurance regulations and company policies.
- Review and approve underwriting exceptions and deviations.
- Contribute to the development of new insurance products and services.
- Maintain strong relationships with brokers and agents.
- Bachelor's degree in Business Administration, Finance, Risk Management, or a related field; relevant professional designations (e.g., CPCU) are highly desirable.
- Minimum of 7 years of experience in commercial lines underwriting, with progressive leadership experience.
- In-depth knowledge of various commercial insurance products (e.g., General Liability, Property, Workers' Compensation).
- Strong analytical, risk assessment, and decision-making skills.
- Proven ability to lead and develop a high-performing underwriting team.
- Excellent communication, negotiation, and interpersonal skills.
- Proficiency in underwriting systems and relevant insurance software.
- Ability to work effectively in a remote environment and manage distributed teams.
- Understanding of financial principles and underwriting profitability metrics.
Senior Underwriting Manager - Commercial Lines
Posted 3 days ago
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Job Description
Key Responsibilities:
- Developing and implementing comprehensive underwriting strategies and guidelines for commercial lines of business, ensuring alignment with company objectives and risk appetite.
- Managing and mentoring a team of underwriters, providing guidance, training, and performance feedback to foster professional growth and achieve team goals.
- Overseeing the accurate assessment and pricing of complex commercial risks, ensuring profitability and competitive market positioning.
- Reviewing and approving large or complex accounts, making sound underwriting decisions based on thorough risk analysis.
- Collaborating with sales, claims, and actuarial departments to ensure a cohesive and efficient operational framework.
- Monitoring market trends, competitor activities, and regulatory changes impacting commercial insurance, and adjusting strategies accordingly.
- Developing and maintaining strong relationships with brokers and agents, understanding their needs and providing exceptional service.
- Identifying opportunities for new product development or enhancements to existing commercial insurance products.
- Ensuring compliance with all underwriting policies, procedures, and regulatory requirements.
- Utilizing underwriting systems and data analytics to improve decision-making and identify areas for efficiency.
- Contributing to the development of underwriting best practices and training materials for the broader team.
- Representing the underwriting department in internal and external meetings as required.
- A Bachelor's degree in Finance, Business Administration, Risk Management, or a related field. A Master's degree or relevant professional designations (e.g., ACII, CPCU) are highly desirable.
- A minimum of 8 years of progressive experience in commercial lines insurance underwriting, with at least 3 years in a management or supervisory role.
- Demonstrated expertise in assessing a wide range of commercial risks, including property, casualty, liability, and specialty lines.
- Strong understanding of insurance principles, financial statements, and risk management techniques.
- Proven leadership abilities with a track record of successfully managing and developing underwriting teams in a remote or hybrid environment.
- Excellent analytical, problem-solving, and decision-making skills.
- Exceptional communication, negotiation, and interpersonal skills, with the ability to build rapport and influence stakeholders.
- Proficiency in underwriting software and data analysis tools.
- A strategic mindset with the ability to adapt to changing market dynamics.
- Commitment to ethical practices and regulatory compliance.
Remote Underwriting Specialist - Commercial Lines
Posted 4 days ago
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Job Description
Key Responsibilities:
- Analyze commercial insurance applications, including financial statements, loss history, and operational details, to assess risk exposure.
- Determine the acceptability of risks and set appropriate terms, conditions, and pricing for various commercial insurance policies (e.g., general liability, property, commercial auto).
- Develop and maintain strong relationships with insurance brokers and agents, serving as a key point of contact for underwriting inquiries.
- Ensure compliance with underwriting guidelines, company policies, and regulatory requirements.
- Monitor the performance of assigned book of business, identifying trends and recommending adjustments to strategy.
- Collaborate with claims, actuarial, and product development teams to ensure consistent underwriting practices.
- Communicate underwriting decisions clearly and concisely to internal stakeholders and external partners.
- Identify opportunities for cross-selling and upselling related insurance products.
- Contribute to the continuous improvement of underwriting processes and tools.
- Stay informed about market developments, industry trends, and competitor activities.
- Maintain accurate and thorough underwriting documentation in the company's systems.
- Provide training and mentorship to junior underwriters as needed.
- Bachelor's degree in Business Administration, Finance, Economics, or a related field.
- Minimum of 5 years of experience in commercial lines underwriting within the insurance industry.
- Proven ability to analyze complex commercial risks and make sound underwriting decisions.
- Strong understanding of financial statements, business operations, and risk management principles.
- Excellent analytical, quantitative, and problem-solving skills.
- Proficiency in underwriting software and standard office applications.
- Strong negotiation and communication skills, with the ability to build rapport with brokers and agents.
- Ability to work independently, manage a workload effectively, and meet deadlines in a remote setting.
- Relevant professional designations (e.g., AU, CIC) are highly desirable.
- Familiarity with the commercial landscape in regions like **Bungoma, Bungoma, KE** is beneficial but not required due to the remote nature of the role.
Director of Financial Planning & Analysis
Posted 2 days ago
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Lead Accountant - Financial Reporting & Analysis
Posted 3 days ago
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Job Description
Remote Senior Accountant - Financial Reporting & Analysis
Posted 2 days ago
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Job Description
Responsibilities:
- Prepare and review monthly, quarterly, and annual financial statements in accordance with IFRS/GAAP.
- Perform detailed financial analysis, including variance analysis, trend identification, and profitability assessments.
- Manage the general ledger and ensure accuracy and completeness of financial records.
- Reconcile balance sheet accounts and resolve discrepancies promptly.
- Assist with budgeting and forecasting processes.
- Support internal and external audits by providing necessary documentation and explanations.
- Develop and implement accounting policies and procedures to improve efficiency and control.
- Ensure compliance with tax regulations and other statutory requirements.
- Utilize accounting software and ERP systems for data entry, reporting, and analysis.
- Collaborate with cross-functional teams to provide financial insights and support business decisions.
- Stay updated on changes in accounting standards and best practices.
- Mentor junior accounting staff and provide guidance on complex accounting issues.
- Process accounts payable and receivable as needed.
- Generate ad-hoc financial reports as requested by management.
- Bachelor's degree in Accounting, Finance, or a related field. CPA (K) or equivalent professional qualification is essential.
- Minimum of 5 years of progressive experience in accounting, with a strong background in financial reporting and analysis.
- Proficiency in IFRS and/or US GAAP.
- Advanced knowledge of accounting software and ERP systems (e.g., SAP, Oracle, QuickBooks Enterprise).
- Strong analytical, problem-solving, and organizational skills.
- Excellent attention to detail and accuracy.
- Proficiency in Microsoft Excel, including advanced functions (pivot tables, VLOOKUPs, macros).
- Strong written and verbal communication skills.
- Ability to work independently, manage deadlines effectively, and prioritize tasks in a remote environment.
- Experience with virtual collaboration tools and remote team communication.
- Experience in a multinational company or with cross-border transactions is a plus.
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Senior Underwriter - Remote Risk Assessment
Posted 4 days ago
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The Senior Underwriter will be responsible for evaluating insurance applications, determining risk factors, and setting appropriate premiums for commercial and specialty lines of insurance. You will leverage your deep understanding of actuarial principles, market trends, and regulatory requirements to make informed underwriting decisions. This position demands meticulous attention to detail, strong analytical capabilities, and the ability to communicate complex risk assessments clearly and concisely.
Primary responsibilities include:
- Analyzing and evaluating insurance proposals, financial statements, and loss histories to determine risk acceptability and pricing.
- Developing and applying underwriting guidelines and policies to ensure profitability and compliance.
- Collaborating with brokers and agents to understand client needs and provide expert underwriting advice.
- Monitoring the performance of assigned portfolios and recommending adjustments to strategy or risk appetite.
- Conducting thorough research on emerging risks and industry-specific challenges.
- Mentoring and guiding junior underwriters through complex case analysis and decision-making processes.
- Maintaining up-to-date knowledge of insurance regulations and market developments.
- Utilizing underwriting software and data analytics tools to enhance decision-making efficiency.
Essential qualifications:
- A Bachelor's degree in Finance, Economics, Business Administration, or a related quantitative field.
- A minimum of 8 years of hands-on experience in insurance underwriting, with a specialization in commercial lines.
- ACII, CPCU, or equivalent professional designation is highly desirable.
- Demonstrated expertise in risk assessment, pricing, and policy wording.
- Exceptional analytical, quantitative, and problem-solving skills.
- Excellent written and verbal communication skills, with the ability to negotiate and influence.
- Proficiency in underwriting support systems and Microsoft Office Suite.
- Ability to work independently and manage a demanding workload in a remote setting.
This is a unique opportunity to advance your career in the insurance sector with a forward-thinking company, offering significant professional growth and the autonomy of a remote role based in **Nyeri, Nyeri, KE**.
Senior Actuarial Analyst, Risk Assessment
Posted 4 days ago
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Job Description
Responsibilities:
- Perform complex actuarial analyses, including reserving, pricing, and financial modeling.
- Develop and implement statistical models to assess insurance risks.
- Conduct feasibility studies for new insurance products and business initiatives.
- Analyze financial data to provide insights on profitability and solvency.
- Collaborate with cross-functional teams to support decision-making.
- Prepare reports and presentations on actuarial findings for management and regulatory bodies.
- Mentor and guide junior actuarial staff.
- Stay abreast of industry trends, regulatory changes, and emerging risks.
- Contribute to the development of actuarial methodologies and tools.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards actuarial designations (e.g., FSA, FCAS) is highly preferred.
- Minimum of 5 years of relevant actuarial experience in the insurance industry.
- Proficiency in actuarial software and programming languages (e.g., R, Python, SAS, SQL).
- Strong understanding of insurance products, regulations, and market dynamics.
- Excellent analytical, problem-solving, and quantitative skills.
- Effective communication and interpersonal skills, with the ability to explain complex concepts clearly.
Senior Financial Analyst, Financial Planning & Analysis (FP&A)
Posted 4 days ago
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Job Description
Key Responsibilities:
- Lead the annual budgeting and quarterly forecasting processes, collaborating with various departments to ensure accuracy and alignment with strategic goals.
- Develop and maintain complex financial models to support strategic planning, scenario analysis, and decision-making.
- Analyze monthly financial results, identify key drivers of variance, and provide insightful commentary to management.
- Prepare comprehensive financial reports, presentations, and dashboards for senior leadership.
- Assist in the development of long-term financial strategies and business plans.
- Identify opportunities for cost savings and revenue enhancement, providing data-driven recommendations.
- Support ad-hoc financial analysis requests from various business units.
- Continuously improve financial processes, tools, and reporting capabilities.
- Mentor and guide junior analysts, fostering a culture of continuous learning and improvement.
- Ensure compliance with internal controls and financial policies.
The ideal candidate will possess a Bachelor's degree in Finance, Accounting, Economics, or a related field. A professional certification such as CPA or CFA is highly desirable. A minimum of 5 years of progressive experience in financial analysis, FP&A, or a related finance role is required, preferably within a large corporate environment. Proven expertise in financial modeling, budgeting, forecasting, and variance analysis is essential. Strong proficiency in Excel (advanced functions, pivot tables, VBA) and financial software (e.g., ERP systems, BI tools) is necessary. Excellent analytical, problem-solving, and critical thinking skills are a must. Outstanding written and verbal communication skills, with the ability to present complex financial information clearly and concisely to non-financial audiences, are vital. The ability to work independently, manage multiple priorities effectively, and thrive in a fast-paced, fully remote environment is crucial. If you are a proactive and results-oriented finance professional seeking a challenging remote opportunity with a growing company, we encourage you to apply. This position, while conceptually connected to **Kisumu, Kisumu, KE**, offers a truly global and flexible work experience.