234 Underwriter jobs in Kenya
Insurance Underwriter
Posted 1 day ago
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Job Description
Responsibilities:
- Review and analyze insurance applications to assess risks and determine insurability.
- Evaluate applicant information, including financial statements, medical records, and loss history.
- Apply underwriting guidelines and company policies to make informed decisions on policy issuance.
- Calculate and set appropriate premium rates based on risk assessment and market conditions.
- Identify potential fraud or misrepresentation in applications.
- Communicate underwriting decisions and requirements to agents, brokers, and applicants.
- Maintain accurate records of underwriting decisions and policy details.
- Stay updated on industry trends, regulatory changes, and new product developments.
- Collaborate with claims adjusters and other departments to manage policy risks.
- Develop and refine underwriting strategies to enhance profitability and market competitiveness.
- Provide guidance and training to junior underwriters or support staff.
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 3-5 years of experience as an Insurance Underwriter, with a focus on (specify insurance type, e.g., life, health, property & casualty).
- Strong understanding of insurance principles, risk assessment, and underwriting practices.
- Proficiency in analyzing financial data and complex documentation.
- Excellent analytical, critical thinking, and problem-solving skills.
- Strong decision-making abilities and attention to detail.
- Effective communication and negotiation skills.
- Ability to work collaboratively within a team environment.
- Proficiency in underwriting software and standard office applications.
- Relevant professional certifications (e.g., ACII, CPCU) are highly desirable.
- This is an on-site role requiring presence in **Mlolongo, Machakos, KE**.
Insurance Underwriter
Posted 4 days ago
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Job Description
Key Responsibilities:
- Evaluate insurance applications to assess risk exposure and determine the insurability of applicants.
- Analyze financial statements, medical records, property reports, and other relevant documentation.
- Determine appropriate policy terms, conditions, and premium rates based on risk assessment.
- Adhere to underwriting guidelines, regulatory requirements, and company policies.
- Communicate with agents, brokers, and policyholders to gather necessary information and explain policy details.
- Maintain accurate and organized records of underwriting decisions and policy documentation.
- Collaborate with claims departments to understand loss trends and inform underwriting practices.
- Identify opportunities to cross-sell or up-sell insurance products where appropriate.
- Stay updated on industry trends, market changes, and emerging risks.
- Provide guidance and training to junior underwriters or support staff.
- Attend team meetings and industry events, both virtually and in person.
- Contribute to the development and refinement of underwriting manuals and procedures.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 5 years of experience in insurance underwriting, with a specialization in a particular line of business (e.g., life, health, property & casualty).
- Strong understanding of insurance principles, risk management, and actuarial concepts.
- Proficiency in using underwriting software and relevant data analysis tools.
- Excellent analytical and decision-making skills.
- Strong attention to detail and accuracy.
- Effective communication and interpersonal skills.
- Ability to manage a caseload efficiently and meet deadlines.
- Relevant professional designations (e.g., Associate in Underwriting - AU, Chartered Property Casualty Underwriter - CPCU) are highly desirable.
- Understanding of regulatory compliance within the insurance industry.
Senior Insurance Underwriter - Remote Risk Assessment
Posted today
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Job Description
Responsibilities:
- Analyze insurance applications and evaluate risks associated with potential policyholders (individuals or businesses).
- Determine appropriate coverage levels, policy terms, conditions, and premiums based on risk assessment.
- Interpret complex data, financial statements, and risk reports to make sound underwriting decisions.
- Adhere to underwriting guidelines, company policies, and regulatory requirements.
- Maintain an in-depth understanding of market trends, competitive landscape, and emerging risks.
- Collaborate with agents, brokers, and clients to gather necessary information and explain underwriting decisions.
- Develop and maintain strong relationships with internal and external stakeholders.
- Contribute to the development and refinement of underwriting strategies and best practices.
- Provide mentorship and guidance to junior underwriters.
- Review and handle complex or escalated underwriting cases.
- Identify opportunities for process improvements in the underwriting workflow.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Minimum of 7 years of experience in insurance underwriting, with a specialization in (mention specific lines of insurance, e.g., Commercial Property, General Liability, Life Insurance).
- Proven ability to accurately assess and price complex risks.
- In-depth knowledge of insurance products, market practices, and regulatory environments.
- Strong analytical, quantitative, and problem-solving skills.
- Excellent decision-making abilities and attention to detail.
- Proficiency in underwriting software and data analysis tools.
- Exceptional communication, negotiation, and interpersonal skills for remote interaction.
- Professional designations such as CPCU, AU, or equivalent are highly desirable.
- Ability to work independently and manage a high volume of cases in a remote setting.
Senior Insurance Underwriter - Remote Risk Assessment
Posted 2 days ago
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Job Description
Responsibilities:
- Evaluate and underwrite complex insurance applications and risks.
- Determine appropriate policy terms, conditions, and pricing.
- Analyze financial documents, loss histories, and other relevant data.
- Ensure compliance with underwriting guidelines and regulatory requirements.
- Communicate underwriting decisions and rationale to agents and brokers.
- Collaborate with claims and actuarial departments.
- Contribute to the development and improvement of underwriting policies.
- Maintain accurate and detailed underwriting records.
- Identify and mitigate potential risks for the company.
- Provide guidance and support to junior underwriters.
- Proven experience as an Insurance Underwriter, with a focus on complex risks.
- In-depth knowledge of insurance principles, risk assessment, and relevant regulations.
- Strong analytical, quantitative, and decision-making skills.
- Excellent communication and negotiation abilities.
- Proficiency in underwriting software and databases.
- Relevant professional designations (e.g., CPCU, ARM) are highly desirable.
- Bachelor's degree in Finance, Business, or a related field.
Senior Insurance Underwriter - Risk Assessment Specialist
Posted 3 days ago
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Senior Underwriter - Remote Risk Assessment
Posted 4 days ago
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Job Description
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 Insurance Underwriter
Posted today
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Job Description
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Senior Insurance Underwriter
Posted today
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Job Description
Senior Insurance Underwriter
Posted today
Job Viewed
Job Description
Key responsibilities include analyzing complex insurance applications, assessing the level of risk associated with each proposal, and determining appropriate coverage terms and premium rates. You will liaise with insurance brokers and agents to gather necessary information and clarify policy details. The Senior Underwriter will also monitor market trends, regulatory changes, and competitor activities to ensure the company's underwriting strategies remain competitive and compliant. This role involves managing a portfolio of risks and contributing to the development and refinement of underwriting policies and procedures.
This is a remote-first position, demanding excellent communication, negotiation, and decision-making skills to effectively manage client relationships and internal stakeholders from a distance. Strong self-discipline and organizational abilities are essential for success in a remote work environment. We are looking for a candidate with a Bachelor's degree in Finance, Economics, Business, or a related field, coupled with a minimum of 7 years of progressive experience in insurance underwriting, with a focus on (Specify relevant insurance line, e.g., Property & Casualty, Life, Health). Relevant professional designations such as ACII or equivalent are highly desirable. If you are a seasoned underwriting professional with a sharp analytical mind and a commitment to excellence, seeking a challenging and rewarding remote career opportunity, we encourage you to apply. Your expertise will be crucial in managing risk and ensuring the financial health of our client's insurance portfolio.
Senior Insurance Underwriter
Posted today
Job Viewed
Job Description
Key Responsibilities:
- Analyze complex insurance proposals across various lines of business, including life, health, and general insurance.
- Evaluate risks associated with individual applications by thoroughly reviewing financial statements, medical reports, property inspections, and other relevant documentation.
- Determine coverage eligibility, policy terms, conditions, and pricing (premiums) based on risk assessment and company guidelines.
- Develop and maintain strong relationships with brokers, agents, and clients to gather necessary information and provide expert advice.
- Stay abreast of industry trends, regulatory changes, and emerging risks to adapt underwriting strategies accordingly.
- Collaborate with claims departments to share insights on risk profiles and potential fraudulent activities.
- Contribute to the development and refinement of underwriting policies and procedures.
- Mentor and provide guidance to junior underwriters, fostering a culture of continuous learning and development.
- Utilize underwriting software and tools to streamline the assessment process and ensure data accuracy.
- Prepare comprehensive reports on underwriting activities, risk trends, and portfolio performance for senior management.
- Actively participate in remote team meetings, contributing to strategic discussions and problem-solving initiatives.
- Bachelor's degree in Finance, Economics, Business Administration, or a related field. A Master's degree or relevant professional certifications (e.g., ACII, FLMI) is a strong advantage.
- Minimum of 7 years of progressive experience in insurance underwriting, with a proven track record of success.
- In-depth knowledge of underwriting principles, insurance products, and risk management techniques.
- Excellent analytical, critical thinking, and decision-making skills.
- Proficiency in using underwriting software and MS Office Suite.
- Exceptional communication, negotiation, and interpersonal skills, essential for remote collaboration.
- Ability to work independently and manage a diverse workload in a remote setting.
- Strong understanding of Kenyan insurance market regulations and compliance requirements.
- Demonstrated ability to adapt to a fast-paced, remote work environment.