295 Internal Control Assessment jobs in Kenya
Actuarial Analyst - Risk Assessment
Posted 3 days ago
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Job Description
Our client, a well-established insurance provider, is seeking a meticulous and analytical Actuarial Analyst to join their Risk Assessment department. This role is based in Ruiru, Kiambu, KE and requires the candidate to be on-site. You will play a critical role in evaluating financial risks and developing pricing strategies for insurance products. Responsibilities include performing complex actuarial calculations, building and maintaining actuarial models, and analyzing statistical data to forecast future claims and liabilities. You will work closely with underwriters, product development teams, and regulatory bodies to ensure the financial soundness and profitability of the company's offerings. The ideal candidate will have a strong understanding of actuarial principles, statistical modeling techniques, and relevant software (e.g., Excel, SQL, R, Python). Progress towards actuarial certifications (e.g., SOA, CAS) is highly desirable. You should possess excellent analytical and problem-solving skills, with a keen eye for detail and the ability to communicate complex findings clearly and concisely. This is an excellent opportunity to advance your actuarial career within a supportive and growth-oriented environment in Ruiru, Kiambu, KE , contributing directly to the company's strategic financial planning and risk management efforts.
Responsibilities:
Responsibilities:
- Conduct statistical analysis and build predictive models for insurance risks.
- Develop and maintain actuarial models for pricing and reserving.
- Analyze claim data and forecast future liabilities.
- Evaluate the financial impact of new products and policy changes.
- Collaborate with underwriting and product teams on pricing strategies.
- Prepare reports and presentations for management and regulatory bodies.
- Ensure compliance with actuarial standards and regulations.
- Stay updated on industry trends and new actuarial methodologies.
- Assist in the development of data-driven risk management strategies.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards actuarial exams (e.g., passing at least 2-3 exams).
- Minimum of 3 years of experience in actuarial analysis within the insurance industry.
- Strong proficiency in Microsoft Excel and SQL.
- Experience with statistical software such as R or Python is a plus.
- Excellent analytical, quantitative, and problem-solving skills.
- Strong written and verbal communication abilities.
- Ability to work effectively in a team environment.
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Senior Risk Assessment Analyst
Posted 13 days ago
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Job Description
Our client, a leading innovator in the insurance sector, is seeking a highly skilled and experienced Senior Risk Assessment Analyst to join their dynamic, fully remote team. This pivotal role involves the comprehensive analysis and evaluation of potential risks across various insurance products, ensuring the financial stability and sustainability of the company. You will be instrumental in developing and implementing sophisticated risk management strategies, identifying emerging threats, and advising on mitigation techniques. The ideal candidate will possess a strong understanding of actuarial principles, statistical modeling, and financial markets. Your responsibilities will include conducting in-depth data analysis using advanced statistical software, building predictive models to forecast potential losses, and preparing detailed reports for senior management. You will also collaborate with underwriting and claims departments to refine risk profiles and pricing strategies. This is a remote-first position, offering the flexibility to work from anywhere within Kenya, with a strong emphasis on asynchronous communication and digital collaboration tools. Essential qualifications include a Bachelor's degree in Actuarial Science, Statistics, Mathematics, Economics, or a related quantitative field. A Master's degree and professional certifications such as ACII or equivalent are highly advantageous. Proven experience (minimum 5 years) in risk assessment, underwriting, or actuarial roles within the insurance industry is mandatory. Expertise in data analysis tools like R, Python, or SAS is required. Excellent analytical, problem-solving, and communication skills are crucial. The ability to work independently, manage multiple priorities, and meet tight deadlines in a remote environment is key to success. If you are a motivated professional passionate about risk management and looking for a challenging, rewarding, remote opportunity, we encourage you to apply. This role offers a competitive salary and benefits package, along with significant opportunities for professional growth and development within a forward-thinking organization. We are committed to fostering a diverse and inclusive workplace.
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Insurance Underwriter - Remote Risk Assessment
Posted today
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Job Description
Our client, a well-established insurance provider committed to safeguarding its clients, is seeking a meticulous and analytical Insurance Underwriter to join their team based in Garissa, Garissa, KE . This role is pivotal in evaluating insurance applications, assessing risks, and determining appropriate coverage and premiums. The successful candidate will play a critical role in ensuring the financial health and stability of the company by making sound underwriting decisions.
Key responsibilities include thoroughly reviewing insurance proposals, gathering and analyzing relevant information such as financial statements, medical records, and risk assessments. You will utilize underwriting guidelines and risk management tools to evaluate the likelihood and potential impact of claims. This involves making informed decisions on whether to accept, modify, or decline insurance applications. You will be responsible for calculating premiums and setting policy terms and conditions to ensure profitability and minimize risk exposure. Maintaining accurate records of underwriting decisions and policy details is essential. Collaboration with insurance agents, brokers, and claims adjusters to clarify information and discuss complex cases is a significant part of the role. You will also stay updated on industry trends, regulatory changes, and new insurance products to enhance your underwriting expertise.
The ideal candidate will possess a Bachelor's degree in Finance, Economics, Actuarial Science, or a related field. Relevant professional certifications in insurance underwriting (e.g., ACII, FLMI) are highly advantageous. A minimum of 3-5 years of experience in insurance underwriting, with a strong understanding of risk assessment principles and insurance products, is required. Excellent analytical, decision-making, and problem-solving skills are essential. Strong attention to detail and the ability to work independently while meeting deadlines are crucial. Good communication and interpersonal skills are necessary for effective interaction with internal teams and external partners. This is an excellent opportunity to advance your career in the insurance sector within a supportive and professional environment in Garissa . While this role is office-based in Garissa , offering direct collaboration with colleagues, hybrid work options may be considered for exceptional candidates.
Key responsibilities include thoroughly reviewing insurance proposals, gathering and analyzing relevant information such as financial statements, medical records, and risk assessments. You will utilize underwriting guidelines and risk management tools to evaluate the likelihood and potential impact of claims. This involves making informed decisions on whether to accept, modify, or decline insurance applications. You will be responsible for calculating premiums and setting policy terms and conditions to ensure profitability and minimize risk exposure. Maintaining accurate records of underwriting decisions and policy details is essential. Collaboration with insurance agents, brokers, and claims adjusters to clarify information and discuss complex cases is a significant part of the role. You will also stay updated on industry trends, regulatory changes, and new insurance products to enhance your underwriting expertise.
The ideal candidate will possess a Bachelor's degree in Finance, Economics, Actuarial Science, or a related field. Relevant professional certifications in insurance underwriting (e.g., ACII, FLMI) are highly advantageous. A minimum of 3-5 years of experience in insurance underwriting, with a strong understanding of risk assessment principles and insurance products, is required. Excellent analytical, decision-making, and problem-solving skills are essential. Strong attention to detail and the ability to work independently while meeting deadlines are crucial. Good communication and interpersonal skills are necessary for effective interaction with internal teams and external partners. This is an excellent opportunity to advance your career in the insurance sector within a supportive and professional environment in Garissa . While this role is office-based in Garissa , offering direct collaboration with colleagues, hybrid work options may be considered for exceptional candidates.
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Senior Insurance Underwriter - Risk Assessment
Posted 23 days ago
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Job Description
Our client, a distinguished insurance provider, is seeking an experienced Senior Insurance Underwriter specializing in risk assessment for a fully remote position. This role is critical in evaluating and accepting risks to ensure the financial stability and profitability of the company. You will be responsible for analyzing complex risk profiles, determining appropriate policy terms and pricing, and making informed underwriting decisions. The ideal candidate will possess a deep understanding of insurance principles, risk management techniques, and relevant regulatory frameworks. You will collaborate closely with agents, brokers, and internal claims and actuarial departments. Strong analytical skills, meticulous attention to detail, and excellent decision-making capabilities are essential. As this is a remote role, exceptional organizational skills and the ability to work independently with a high degree of accuracy are paramount.
Responsibilities:
Responsibilities:
- Evaluate insurance applications, assess risks, and determine acceptability for various policy types.
- Analyze financial statements, loss history, and other relevant data to determine policy terms, conditions, and pricing.
- Develop and implement underwriting guidelines and procedures.
- Make sound underwriting decisions to balance risk and profitability.
- Communicate underwriting decisions and rationale clearly to agents, brokers, and internal stakeholders.
- Collaborate with actuaries and claims adjusters on risk management strategies.
- Monitor industry trends and regulatory changes impacting underwriting.
- Identify opportunities for process improvements and efficiency gains in the underwriting process.
- Mentor and train junior underwriters.
- Ensure compliance with all legal and regulatory requirements.
- Bachelor's degree in Finance, Economics, Business, or a related field; relevant insurance designations (e.g., CPCU, AU) are highly preferred.
- Minimum of 6 years of experience in insurance underwriting, with a strong focus on risk assessment.
- Proven expertise in evaluating complex risks and making sound underwriting judgments.
- In-depth knowledge of insurance products, policy language, and regulatory compliance.
- Excellent analytical, quantitative, and problem-solving skills.
- Strong attention to detail and commitment to accuracy.
- Exceptional written and verbal communication skills.
- Demonstrated ability to work independently, manage workload effectively, and collaborate remotely.
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Senior Underwriting Manager - Risk Assessment
Posted 14 days ago
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Job Description
Our client is seeking a seasoned Senior Underwriting Manager to lead their remote underwriting team. This critical role demands extensive expertise in risk assessment, policy evaluation, and financial analysis within the insurance sector. You will be responsible for guiding the underwriting process, ensuring profitability, and maintaining adherence to regulatory standards. The ideal candidate possesses a deep understanding of various insurance products, underwriting guidelines, and risk management principles, coupled with strong leadership and decision-making capabilities.
Responsibilities:
Responsibilities:
- Oversee and manage the daily operations of the underwriting department in a remote setting.
- Review and evaluate complex insurance applications, assessing risks and determining appropriate coverage and premiums.
- Develop, implement, and refine underwriting policies and procedures to ensure consistency and compliance.
- Train, mentor, and guide a team of remote underwriters, fostering professional development and high performance.
- Analyze market trends and competitor activities to inform underwriting strategies.
- Collaborate with sales, claims, and actuarial departments to ensure seamless operations.
- Monitor key performance indicators (KPIs) for the underwriting team, identifying areas for improvement.
- Ensure compliance with all relevant insurance regulations and company policies.
- Manage relationships with reinsurers and brokers as needed.
- Contribute to the development of new insurance products and programs.
- Bachelor's degree in Finance, Business Administration, Insurance, or a related field.
- Minimum of 7 years of experience in insurance underwriting, with at least 3 years in a management or leadership role.
- In-depth knowledge of insurance principles, risk management, and underwriting practices.
- Strong analytical and quantitative skills with the ability to interpret financial statements and data.
- Proficiency in underwriting software and CRM systems.
- Excellent decision-making and problem-solving abilities.
- Strong leadership and team management skills, with experience managing remote teams.
- Exceptional communication and interpersonal skills.
- Professional designations such as ACII, CPCU, or equivalent are highly desirable.
- A proactive approach to identifying and mitigating risks.
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Remote Lead Insurance Underwriter - Risk Assessment
Posted 23 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 Underwriter - Remote Risk Assessment
Posted 9 days ago
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Job Description
Our client, a highly respected insurance provider known for its innovative risk management solutions, is seeking an experienced Senior Underwriter to join their fully remote underwriting team. This role is essential for evaluating insurance applications, assessing risk accurately, and determining appropriate policy terms and premiums. You will leverage your expertise to make sound underwriting decisions, ensuring the company's financial stability and client satisfaction. The ideal candidate possesses a strong analytical ability, a thorough understanding of insurance principles, and exceptional decision-making skills, coupled with proficiency in remote work tools.
Responsibilities:
Responsibilities:
- Evaluate insurance applications, analyze complex risk factors, and determine insurability for various lines of business (e.g., property, casualty, life).
- Apply underwriting guidelines and company policies consistently to assess risk and set appropriate terms, conditions, and pricing.
- Utilize data analytics and risk modeling tools to support underwriting decisions and identify emerging trends.
- Collaborate with insurance agents, brokers, and internal stakeholders to gather necessary information and clarify policy details.
- Maintain a high level of technical expertise in underwriting principles and relevant insurance products.
- Provide guidance and mentorship to junior underwriters, assisting with complex cases and training.
- Contribute to the development and refinement of underwriting guidelines and procedures.
- Monitor portfolio performance and identify areas for improvement or potential exposure.
- Ensure compliance with all regulatory requirements and legal standards.
- Communicate underwriting decisions clearly and professionally to relevant parties.
- Minimum of 6 years of experience in insurance underwriting, with a proven track record of sound risk assessment.
- Comprehensive knowledge of insurance products, underwriting principles, and risk management strategies.
- Strong analytical, quantitative, and problem-solving skills.
- Proficiency in using underwriting software, CRM systems, and standard office productivity tools.
- Excellent communication, negotiation, and decision-making abilities.
- Relevant professional designations (e.g., CPCU, AU, ARM) are highly desirable.
- Bachelor's degree in Business Administration, Finance, Risk Management, or a related field.
- Ability to work independently, manage a caseload effectively, and meet deadlines in a remote environment.
- Strong ethical conduct and commitment to client confidentiality.
- Experience with data analysis and risk modeling software is a plus.
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Remote Senior Insurance Underwriter - Risk Assessment
Posted 5 days ago
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Job Description
Our client, a prominent and forward-thinking insurance provider, is actively seeking an experienced Senior Insurance Underwriter to join their fully remote underwriting division. This role is critical in evaluating insurance applications, assessing risks, and determining policy terms and premiums. You will be empowered to work from any location, utilizing advanced digital tools and platforms to collaborate with colleagues and clients. We are looking for a meticulous professional with a deep understanding of insurance principles, strong analytical capabilities, and a proven ability to make sound risk-based decisions. Your expertise will be vital in ensuring the financial health and growth of our client's insurance portfolio.
Responsibilities:
Responsibilities:
- Analyze and evaluate complex insurance applications to assess risk exposure accurately.
- Determine appropriate policy terms, conditions, and premium rates based on risk assessment findings.
- Apply underwriting guidelines and company policies consistently and effectively.
- Collaborate closely with insurance agents and brokers to gather necessary information and clarify application details.
- Utilize various data sources, including financial reports, credit histories, and risk assessment tools, to inform underwriting decisions.
- Maintain up-to-date knowledge of industry trends, regulatory changes, and emerging risks.
- Develop and present comprehensive underwriting reports and recommendations to management.
- Mentor and provide guidance to junior underwriters, sharing expertise and best practices.
- Contribute to the development and refinement of underwriting policies and procedures.
- Ensure compliance with all relevant insurance laws and regulations.
- Proactively identify opportunities for process improvement within the underwriting function.
- Build and maintain strong working relationships with internal and external stakeholders.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field. Professional designations such as ACII, CPCU, or equivalent are highly desirable.
- Minimum of 7 years of experience in insurance underwriting, with demonstrated expertise in a specific line of insurance (e.g., property, casualty, life, health).
- In-depth knowledge of risk assessment principles, financial analysis, and insurance contract law.
- Proven ability to analyze complex data sets and make objective, data-driven decisions.
- Exceptional attention to detail and a commitment to accuracy.
- Strong problem-solving and critical-thinking skills.
- Excellent written and verbal communication abilities, with the capacity to clearly articulate complex information.
- Proficiency in underwriting software and common office productivity suites.
- Ability to thrive in a fully remote work environment, demonstrating self-discipline and effective time management.
- Must possess a reliable high-speed internet connection and a suitable home office setup.
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Senior Insurance Underwriter - Remote Risk Assessment
Posted 23 days ago
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Job Description
Our client, a leading insurance provider, is seeking a highly experienced Senior Insurance Underwriter to join their fully remote team. In this vital role, you will be responsible for evaluating and accepting or rejecting insurance applications based on risk assessment. You will analyze financial statements, medical histories, property reports, and other relevant documentation to determine the level of risk associated with insuring an individual or entity. This position requires meticulous attention to detail, strong analytical skills, and a comprehensive understanding of insurance principles and regulations. You will play a key role in ensuring the company's profitability and solvency by accurately pricing risk.
Key Responsibilities:
Key Responsibilities:
- Evaluate insurance applications for various lines of business (e.g., life, health, property, casualty) to assess risk.
- Determine appropriate coverage limits, deductibles, and premiums based on risk assessment.
- Analyze financial data, credit reports, medical records, and other pertinent information.
- Interpret policy terms, conditions, and exclusions to ensure accurate application.
- Adhere to underwriting guidelines, company policies, and regulatory requirements.
- Communicate with agents, brokers, and policyholders to gather necessary information or explain underwriting decisions.
- Maintain accurate and up-to-date records of underwriting decisions and rationale.
- Identify opportunities to cross-sell or up-sell products based on client needs.
- Collaborate with claims departments to provide insights on policy interpretation and risk management.
- Stay current with industry trends, new products, and changes in legislation affecting insurance.
- Develop and recommend changes to underwriting guidelines to adapt to market conditions.
- Mentor and train junior underwriters on best practices and risk assessment techniques.
- Participate in product development and review processes.
- Contribute to the overall profitability and risk management strategy of the company.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 7 years of experience in insurance underwriting, with a strong track record in a specific line of business.
- In-depth knowledge of insurance principles, risk management, and actuarial concepts.
- Proficiency in underwriting software and related systems.
- Strong analytical, critical thinking, and decision-making skills.
- Excellent attention to detail and accuracy.
- Superior written and verbal communication skills.
- Ability to work independently and manage a high volume of applications effectively in a remote setting.
- Relevant professional designations (e.g., AU, CPCU, FLMI) are highly desirable.
- Understanding of regulatory requirements in the insurance industry.
- Experience with data analysis and risk modeling tools is a plus.
- A dedicated and secure remote workspace with a reliable high-speed internet connection is required.
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Senior Underwriting Manager, Risk Assessment - Remote
Posted 6 days ago
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Job Description
Our client is actively seeking a highly experienced and analytical Senior Underwriting Manager to lead their risk assessment operations. This is a fully remote position, allowing you to leverage your expertise in insurance risk evaluation from anywhere. You will be responsible for developing and implementing robust underwriting policies and guidelines, analyzing complex risk exposures, and making informed decisions on insurance applications. The ideal candidate will possess extensive knowledge of various insurance products, actuarial principles, and regulatory requirements, coupled with strong leadership and decision-making capabilities. You will work closely with claims, actuarial, and business development teams, utilizing advanced data analytics and risk modeling tools to ensure profitable growth and compliance.
Responsibilities:
Responsibilities:
- Develop, refine, and implement comprehensive underwriting strategies and guidelines.
- Analyze complex insurance risks across various product lines (e.g., property, casualty, life).
- Evaluate and approve or decline insurance applications, ensuring adherence to company risk appetite.
- Mentor and manage a team of underwriters, providing guidance and training.
- Collaborate with actuarial teams to assess pricing models and reserve adequacy.
- Work with business development to evaluate new market opportunities and product development.
- Monitor portfolio performance and identify trends in risk and profitability.
- Ensure compliance with all relevant insurance regulations and industry best practices.
- Develop and maintain strong relationships with brokers and agents.
- Contribute to the strategic direction of the underwriting department.
- Bachelor's degree in Finance, Actuarial Science, Risk Management, Business Administration, or a related field. Advanced certifications (e.g., ACII, FLMI) are highly desirable.
- Minimum of 8 years of progressive experience in insurance underwriting, with at least 3 years in a management or leadership role.
- Proven expertise in analyzing and underwriting complex risks.
- In-depth knowledge of insurance products, legal and regulatory requirements.
- Strong understanding of actuarial principles and financial modeling.
- Excellent analytical, decision-making, and problem-solving skills.
- Exceptional leadership, communication, and interpersonal skills, critical for a remote management role.
- Demonstrated ability to work independently and manage team performance remotely.
- Proficiency in underwriting software and data analytics tools.
- High level of integrity and attention to detail.
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