Job Title: Senior Underwriter
Hiring Organization: Jubillee
Insurance
Location – Locality: Nairobi
Location – Region: Kenya
Industry: Insurance
Job Type: Full
Time
Salary: KES
Competitive
Date Posted: 11/08/2023
Jubilee Insurance was established in August 1937, as the first
locally incorporated Insurance Company based in Mombasa in 1937. Jubilee
Insurance has spread its sphere of influence throughout the region to become
the largest Composite insurer in East Africa, handling Life, Pensions, general
and Medical insurance.
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
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
How To Apply
If you are qualified and seeking
an exciting new challenge, please apply via Recruitment@jubileekenya.com quoting
the Job Reference Number and Position by 12th November 2023
