30 Due Diligence jobs in Kenya
Head of Underwriting and Risk Assessment
Posted 19 days ago
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Job Description
Our client is actively seeking an accomplished Head of Underwriting and Risk Assessment to lead their insurance operations. This critical, fully remote position requires an expert with extensive experience in developing and implementing robust underwriting policies and risk management frameworks. You will be responsible for overseeing all aspects of the underwriting process, ensuring accurate risk assessment, pricing accuracy, and adherence to regulatory requirements. Key responsibilities include managing a team of underwriters, developing underwriting guidelines, and establishing risk appetite parameters. You will collaborate closely with actuarial, claims, and product development teams to ensure a cohesive approach to risk management. The ideal candidate will possess a deep understanding of various insurance lines, market dynamics, and financial modeling techniques. Strong analytical, decision-making, and leadership skills are paramount. You will also be instrumental in identifying emerging risks, implementing mitigation strategies, and driving efficiency improvements within the underwriting department. This role demands excellent communication skills to articulate complex risk profiles and strategic recommendations to senior management and external stakeholders. The ability to work autonomously and manage a remote team effectively is essential for success. This position, nominally linked to Kitale, Trans-Nzoia, KE , is a fully remote role, emphasizing global collaboration and flexibility in managing risk.
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Lead Insurance Underwriter - Risk Assessment
Posted 19 days ago
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Job Description
Our client is seeking a highly experienced and analytical Lead Insurance Underwriter to join their fully remote underwriting department. This senior position is responsible for developing and implementing underwriting strategies, assessing complex risks, and making informed decisions on policy issuance across various insurance lines. You will lead a team of underwriters, provide expert guidance, and ensure the profitability and solvency of the insurance portfolio. The ideal candidate will possess a deep understanding of risk management principles, actuarial concepts, and insurance regulations. Proven experience in underwriting, particularly with complex commercial risks or specialized insurance products, is essential. Key responsibilities include evaluating applications, analyzing financial data and loss history, determining appropriate premiums and coverage terms, and collaborating with brokers and agents to gather necessary information. You will also be involved in developing underwriting guidelines, training junior underwriters, and monitoring market trends to adapt strategies accordingly. This is an excellent opportunity to contribute to a reputable insurance firm while enjoying the flexibility of a fully remote work environment, allowing you to operate from anywhere. While the role is remote, an understanding of the insurance market and client needs within regions such as Eldoret, Uasin Gishu, KE can be advantageous for strategic insights. A Bachelor's degree in Finance, Economics, Actuarial Science, or a related field is required; professional designations such as CPCU (Chartered Property Casualty Underwriter) or equivalent are highly preferred. Strong analytical, decision-making, and leadership skills are paramount. If you are a seasoned underwriter passionate about risk assessment and eager to lead and innovate within a remote-first setting, we encourage you to apply.
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Senior Risk Assessment Analyst
Posted 19 days ago
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Job Description
Our client, a leading financial services provider, is seeking a highly skilled and analytical Senior Risk Assessment Analyst to join their dynamic team in Mombasa, Mombasa, KE . This is a hybrid role, offering a blend of in-office collaboration and remote flexibility.
The successful candidate will be responsible for identifying, assessing, and mitigating various financial and operational risks within the organization. This includes conducting thorough risk assessments, developing risk management strategies, and implementing control measures to safeguard company assets and reputation. You will work closely with cross-functional teams, including underwriting, claims, and actuarial departments, to ensure comprehensive risk coverage.
Key responsibilities will involve:
Qualifications and Experience:
The successful candidate will be responsible for identifying, assessing, and mitigating various financial and operational risks within the organization. This includes conducting thorough risk assessments, developing risk management strategies, and implementing control measures to safeguard company assets and reputation. You will work closely with cross-functional teams, including underwriting, claims, and actuarial departments, to ensure comprehensive risk coverage.
Key responsibilities will involve:
- Developing and maintaining risk assessment frameworks and methodologies.
- Analyzing large datasets to identify trends, patterns, and potential risk exposures.
- Preparing detailed reports on risk findings and recommendations for senior management.
- Designing and implementing risk mitigation plans and monitoring their effectiveness.
- Staying abreast of regulatory changes and industry best practices in risk management.
- Collaborating with internal audit to ensure compliance with internal policies and external regulations.
- Providing training and guidance to other departments on risk management principles.
- Developing and managing key risk indicators (KRIs) and dashboards.
- Conducting scenario analysis and stress testing to evaluate the impact of potential adverse events.
- Contributing to the continuous improvement of risk management processes and tools.
Qualifications and Experience:
- Bachelor's degree in Finance, Economics, Statistics, or a related quantitative field. A Master's degree is a plus.
- Minimum of 5 years of experience in risk management, preferably within the insurance industry.
- Strong understanding of insurance products, underwriting, and claims processes.
- Proficiency in statistical analysis and data modeling techniques.
- Experience with risk management software and tools (e.g., SAS, R, Python).
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills, with the ability to present complex information clearly and concisely.
- Ability to work independently and collaboratively in a team environment.
- Detail-oriented with a high degree of accuracy.
- Proven ability to manage multiple projects and meet deadlines.
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Senior Insurance Underwriter - Risk Assessment
Posted 19 days ago
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Job Description
Our client, a reputable insurance provider, is looking for a detail-oriented and experienced Senior Insurance Underwriter to join their risk management team. This role is crucial in evaluating and pricing insurance policies, ensuring profitability and compliance with regulatory standards. The ideal candidate will possess a strong understanding of actuarial principles, risk assessment methodologies, and insurance product lines. Responsibilities include analyzing complex risk factors associated with potential policyholders, determining appropriate coverage levels, and setting competitive yet profitable premiums. You will collaborate closely with agents, brokers, and other departments to gather necessary information and make informed underwriting decisions. The ability to interpret financial statements, assess historical data, and apply underwriting guidelines effectively is essential. Strong analytical, decision-making, and negotiation skills are required. This position offers a hybrid work arrangement, allowing for a balance between remote work and essential in-office collaboration, including client meetings and team discussions. A Bachelor's degree in Finance, Economics, or a related field, coupled with significant experience in insurance underwriting, is highly desirable. Professional designations such as AU, CPCU, or equivalent are a significant asset. This is an excellent opportunity for a seasoned professional to contribute to the financial health and strategic growth of the organization by managing risk effectively in **Naivasha, Nakuru, KE**.
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Senior Underwriting Manager, Risk Assessment
Posted 19 days ago
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Job Description
Our client, a reputable insurance provider committed to sound risk management, is seeking a highly experienced Senior Underwriting Manager to oversee underwriting operations and risk assessment. This role is fully remote, allowing you to leverage your expertise in evaluating and managing risk from the comfort of your home office.
Responsibilities:
Responsibilities:
- Lead and manage a team of underwriters, providing guidance, training, and performance management in a remote setting.
- Develop, implement, and refine underwriting policies, guidelines, and procedures to ensure consistent and accurate risk assessment.
- Review complex insurance applications and proposals, making informed decisions on acceptability, terms, conditions, and pricing.
- Analyze financial statements, market data, and other relevant information to assess the risk profile of potential clients across various industries.
- Collaborate with actuarial, claims, and sales departments to ensure alignment on risk appetite and product profitability.
- Monitor underwriting performance metrics, identifying trends, and implementing strategies for improvement.
- Ensure compliance with regulatory requirements and internal risk management frameworks.
- Stay current with industry best practices, emerging risks, and market developments in the insurance sector.
- Develop and deliver training programs for underwriters on new products, policies, and risk assessment techniques.
- Contribute to the development and launch of new insurance products by providing expert underwriting input.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field. Advanced certifications such as ACII or equivalent are highly desirable.
- Minimum of 7 years of progressive experience in insurance underwriting, with at least 3 years in a supervisory or management role.
- Proven expertise in risk assessment methodologies and underwriting principles for commercial or personal lines insurance.
- Strong understanding of financial analysis, statistical modeling, and risk management.
- Excellent leadership, team management, and coaching skills.
- Exceptional analytical, critical thinking, and decision-making abilities.
- Strong negotiation and communication skills, essential for remote team leadership and stakeholder engagement.
- Proficiency in underwriting software and CRM systems.
- Ability to work independently, manage workload effectively, and meet deadlines in a remote environment.
- In-depth knowledge of the Kenyan insurance market is a significant advantage.
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Remote Actuarial Analyst - Risk Assessment
Posted 19 days ago
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Job Description
Our client is seeking a talented and analytical Actuarial Analyst to join their innovative, fully remote insurance team. This position will play a key role in assessing and quantifying financial risks associated with insurance products. You will be responsible for developing, implementing, and maintaining actuarial models to forecast potential losses, set pricing structures, and ensure the financial solvency of the company. The ideal candidate will possess a strong quantitative background, excellent problem-solving skills, and a keen eye for detail. You will work closely with underwriting, claims, and finance departments to provide data-driven insights and support strategic decision-making. This remote role offers the flexibility to work from anywhere within specified time zones, fostering a healthy work-life balance while contributing to a high-performing team. Continuous learning and professional development in actuarial science are strongly encouraged and supported. Key Responsibilities:
- Develop, test, and validate complex actuarial models for pricing, reserving, and forecasting.
- Analyze historical data to identify trends and predict future claim costs and other financial exposures.
- Perform experience studies to evaluate mortality, morbidity, lapse, and other relevant assumptions.
- Assist in the design and pricing of new insurance products.
- Support the reserving process by calculating and justifying loss reserves.
- Prepare reports and presentations for management, regulatory bodies, and other stakeholders.
- Collaborate with IT and data science teams to improve data quality and access.
- Stay abreast of industry developments, regulatory changes, and emerging actuarial techniques.
- Contribute to the continuous improvement of actuarial processes and methodologies.
- Ensure compliance with all applicable actuarial standards and regulations.
- Provide analytical support for various business initiatives and projects.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards or completion of actuarial exams (e.g., SOA/CAS) is highly desirable.
- 2+ years of experience in an actuarial role within the insurance industry.
- Proficiency in actuarial software and programming languages (e.g., R, Python, SAS, SQL).
- Strong understanding of insurance principles and financial concepts.
- Excellent analytical, statistical, and mathematical modeling skills.
- Ability to communicate complex technical information clearly and concisely, both verbally and in writing.
- Demonstrated ability to work independently and manage multiple projects in a remote setting.
- Strong organizational skills and meticulous attention to detail.
- Team player with a collaborative mindset.
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5
Remote Lead Insurance Underwriter - Risk Assessment
Posted 19 days ago
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Job Description
Our client is seeking an experienced and detail-oriented Lead Insurance Underwriter to join their expanding team. This is a fully remote position, allowing you to contribute your expertise from anywhere. You will be responsible for evaluating and assessing insurance risks, determining policy terms and conditions, and pricing policies accurately to ensure profitability and client satisfaction. This role requires a deep understanding of actuarial principles, risk management strategies, and regulatory requirements within the insurance industry. You will work closely with actuaries, claims adjusters, and sales teams to develop and refine underwriting guidelines and policies. Key responsibilities include analyzing complex financial data, evaluating historical loss data, and assessing the potential for future losses for individual risks and portfolios. You will also be involved in developing new insurance products and enhancing existing ones by providing expert underwriting insights. This position involves mentoring and guiding junior underwriters, fostering a culture of continuous learning and development within the underwriting department. The ideal candidate will possess a Bachelor's degree in Actuarial Science, Finance, Economics, or a related field, along with a minimum of 6 years of progressive experience in insurance underwriting. Professional designations such as ACII, FLMI, or equivalent are highly desirable. Proven experience in underwriting various lines of business (e.g., life, health, general insurance) is essential. Strong analytical, quantitative, and critical thinking skills are a must. You must be proficient in data analysis tools and have excellent communication and negotiation skills to effectively collaborate with internal and external stakeholders. The ability to make sound, data-driven decisions in a remote setting is critical. This is an excellent opportunity to advance your career in the insurance sector, contributing to strategic decision-making and enjoying the flexibility of a remote-first environment. While the role is remote, strategic oversight and collaboration will be key in relation to insurance markets affecting Kericho, Kericho, KE.
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Senior Insurance Underwriter - Complex Risk Assessment
Posted 19 days ago
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Job Description
Our client is seeking an experienced and highly analytical Senior Insurance Underwriter to join their fully remote team. This role is responsible for evaluating and assessing complex insurance risks, determining appropriate coverage terms, and setting premium rates for a diverse portfolio of clients. The ideal candidate will possess a deep understanding of insurance principles, financial analysis, risk management techniques, and regulatory requirements. You will play a crucial role in maintaining the profitability and solvency of the insurance portfolio by making sound underwriting decisions.
Key Responsibilities:
Key Responsibilities:
- Analyze and underwrite complex insurance applications, assessing risks associated with individuals, businesses, and properties.
- Evaluate financial statements, loss histories, and other relevant data to determine policy terms, conditions, and pricing.
- Develop and apply underwriting guidelines and policies to ensure consistent risk selection and pricing.
- Make informed decisions on policy acceptance, rejection, or modification, balancing risk appetite with profitability goals.
- Collaborate with insurance brokers and agents to gather necessary information and explain underwriting decisions.
- Stay current with industry trends, market conditions, and regulatory changes affecting insurance underwriting.
- Identify and mitigate potential sources of adverse selection and moral hazard.
- Assist in the development and implementation of new insurance products and underwriting tools.
- Mentor junior underwriters and provide training on underwriting best practices and techniques.
- Participate in audits and reviews to ensure compliance with underwriting standards and regulatory requirements.
- Contribute to the overall strategic direction of the underwriting department.
- Bachelor's degree in Finance, Economics, Risk Management, Business Administration, or a related field.
- Minimum of 6 years of experience in insurance underwriting, with a strong focus on complex commercial or specialty lines.
- Proven track record of sound underwriting judgment and profitable portfolio management.
- In-depth knowledge of insurance contracts, policy wordings, and relevant legal/regulatory frameworks.
- Strong analytical and quantitative skills, with proficiency in financial modeling and data analysis.
- Excellent communication, negotiation, and interpersonal skills.
- Ability to work independently and manage a demanding workload in a remote environment.
- Professional designations such as ACII, CPCU, or equivalent are highly desirable.
- Proficiency in underwriting software and standard office applications.
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7
Senior Underwriter - Remote Risk Assessment
Posted 19 days ago
Job Viewed
Job Description
Our client, a distinguished insurance provider, is seeking a highly analytical and experienced Senior Underwriter to join their remote team. In this critical role, you will be responsible for evaluating and accepting or rejecting insurance risks, determining appropriate coverage, and setting premium rates. Working entirely remotely, you will leverage your expertise to assess complex risks across various lines of business, ensuring the financial health and profitability of the company. Your duties will include conducting thorough risk analyses, reviewing financial statements and loss history reports, and interpreting policy terms and conditions. You will collaborate closely with brokers and agents to gather necessary information and provide expert advice on risk management strategies. The ideal candidate possesses a strong understanding of actuarial principles, market trends, and regulatory requirements within the insurance industry. You will utilize underwriting software and databases to inform decision-making and maintain accurate records. A key aspect of this role is to identify potential fraud and implement measures to prevent it. The Senior Underwriter will also be responsible for mentoring junior underwriters, contributing to the development of underwriting guidelines, and participating in strategic planning initiatives. This position demands exceptional critical thinking, attention to detail, and strong communication skills, with the ability to articulate complex risk assessments clearly and concisely. The capacity to work independently and manage a demanding workload in a fully remote setting is essential.
Responsibilities:
Responsibilities:
- Assess and underwrite complex insurance risks across multiple lines of business.
- Determine appropriate policy terms, conditions, and premium rates.
- Review financial statements, loss runs, and other relevant documentation.
- Build and maintain strong relationships with brokers, agents, and clients.
- Identify and evaluate potential exposures and recommend risk mitigation strategies.
- Ensure compliance with underwriting guidelines and regulatory requirements.
- Utilize underwriting systems and tools to manage applications and policy information.
- Assist in the development and refinement of underwriting policies and procedures.
- Mentor and guide junior underwriting staff.
- Contribute to market analysis and product development initiatives.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Professional designation (e.g., ACII, CPCU) is highly desirable.
- Minimum of 7 years of experience in insurance underwriting, with a specialization in complex risks.
- Strong analytical and quantitative skills, with a solid understanding of financial principles.
- Proficiency in underwriting software and risk assessment tools.
- Excellent communication, negotiation, and decision-making abilities.
- Demonstrated ability to work independently and manage a significant workload in a remote environment.
- Keen attention to detail and a commitment to accuracy.
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8
Remote Insurance Underwriter - Financial Risk Assessment
Posted 19 days ago
Job Viewed
Job Description
Our client, a reputable insurance provider, is actively seeking an experienced Remote Insurance Underwriter to join their expanding team. This critical role involves evaluating and assessing insurance risks, determining policy terms and conditions, and pricing insurance coverage to ensure profitability and mitigate financial exposure. The ideal candidate will possess strong analytical skills, a deep understanding of insurance principles, and the ability to make sound financial judgments. Working entirely remotely, you will leverage advanced analytical tools and data to make informed underwriting decisions. You will be responsible for reviewing applications, analyzing financial statements, assessing risk factors, and communicating underwriting decisions to agents and clients. Key responsibilities include: meticulously evaluating insurance applications to assess risk levels across various lines of business; analyzing applicant data, including financial history, claims records, and risk exposures; determining appropriate policy terms, conditions, and premium rates based on risk assessment; ensuring compliance with underwriting guidelines, regulatory requirements, and company policies; communicating underwriting decisions clearly and effectively to brokers, agents, and policyholders; collaborating with claims departments to provide input on risk assessments; staying abreast of market trends, industry developments, and new underwriting tools and technologies; contributing to the development and refinement of underwriting policies and procedures; and maintaining accurate and organized underwriting files and records. A minimum of 3 years of experience in insurance underwriting is essential, with a proven ability to manage a diverse workload in a remote setting.
Location: Nyeri, Nyeri, KE
Location: Nyeri, Nyeri, KE
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