Job Ref. No: JHIL099

Role Purpose

Responsible for assessing and managing risks associated with corporate insurance policies. This role involves evaluating complex underwriting data, making strategic decisions, and ensuring compliance with underwriting guidelines and regulatory requirements.

Main Responsibilities

Strategic

• Underwriting strategy: Contribute to the development and implementation of underwriting strategies, aligning them with the company’s overall business goals.
• Risk management: Identify and assess emerging risk in the insurance sector and propose strategies to effectively mitigate the risks.

Operational

• Risk assessment: Analyze and evaluate complex underwriting data, including financial statements, loss histories, and industry trends, to assess risk associated with insurance policies.
• Policy underwriting: Determine appropriate coverage, terms, and pricing for insurance policies, considering risk exposure and profitability.

 Corporate Governance

• Compliance: Ensure compliance with underwriting guidelines, company policies and regulatory requirements, maintaining high standards of ethical and legal conduct.
• Risk controls: Establish and maintain risk control measures to monitor and manage risks associated with insurance policies effectively.

 Leadership & Culture

• Team support: Provide guidance, mentorship, and technical expertise to junior underwriters, fostering a collaborative and supporting work environment.
• Stakeholder engagement: Build and maintain positive relationships with brokers, clients, and other internal and external stakeholders, providing exceptional customer service.

Key Competencies

• Financial analysis
• Risk evaluation
• Analytical thinking
• Attention to detail
• Communication skills
• Decision making skills

Requirements

Qualifications

• Bachelor’s degree in business administration, Finance, or a related field. Master’s degree is a plus.
• Professional Insurance Qualification

 Relevant Experience

•  Minimum of 4 years of relevant working experience in Underwriting