Senior Underwriter

Job Purpose

The Senior Underwriter ensures the company maintains a balanced, profitable, and compliant general insurance portfolio while providing technical leadership and mentoring to the underwriting team.

Key Responsibilities

• Review, evaluate, and approve complex and high-value general insurance proposals (e.g., engineering, fire, liability, marine, motor, and property).
• Analyze risk exposures and determine appropriate coverage terms, premiums, and policy conditions.
• Make informed underwriting decisions within delegated authority limits and recommend referrals to management for exceptional cases.
• Ensure underwriting decisions align with company profitability targets and reinsurance arrangements
• Monitor the performance of the general insurance portfolio to maintain healthy loss ratios and business growth
• Supervise and mentor junior underwriters and underwriting assistants, ensuring technical competence and consistent application of underwriting standards
• Build and maintain strong working relationships with brokers, agents, and corporate clients.
• Ensure full compliance with underwriting policies, IRA regulations, and internal controls.
• Prepare and submit periodic underwriting and performance reports to management.
• Support audit processes and implement corrective actions for identified gaps

Qualifications and Experience

• Education: Bachelor's degree in insurance, Business, Commerce, or a related field.
• Professional Certification: Advanced Diploma in Insurance (AIIK) or ACII (UK) is required.
• Experience: Minimum of 5 - 7 years in underwriting general insurance, with at least 3 years in a senior or supervisory capacity.

Skills and Competencies

• Strong product and market knowledge, reinsurance practices alongside a solid understanding of regulatory compliance standards.
• Advanced risk assessment, analytical, communication, strong leadership and team management skills
• High attention to detail, sound decision-making capabilities, and excellent relationship management and negotiation skills.