Underwriter at a Reputable Insurance Brokerage Firm - Updeal Resources

Updeal Resources - Our client, a reputable insurance brokerage firm, is recruting skilled candidates to fill the position below:

Job Title: Underwriter

Location: Lagos

Job Summary

• The ideal candidate will have experience in risk assessment, policy evaluation, and client advisory, supporting the brokerage in providing tailored insurance solutions.
• This is an excellent opportunity for a professional looking to leverage their underwriting expertise in a dynamic brokerage environment.
• The Underwriter is responsible for evaluating insurance applications, assessing risk, and determining policy terms and premiums.
• The role involves making informed decisions based on data analysis, regulatory requirements, and company underwriting guidelines to ensure profitable and sustainable business.

Key Responsibilities

• Review insurance proposals and applications to determine risk and acceptability.
• Analyze data including financial statements, health information, and claim history.
• Determine policy terms, coverage limits, and premiums in line with company guidelines.
• Collaborate with actuaries, claims adjusters, brokers, and other departments.
• Make sound underwriting decisions within assigned authority limits.
• Ensure compliance with internal policies and regulatory standards.
• Maintain accurate and updated records of underwriting decisions.
• Recommend risk improvement strategies and negotiate terms with intermediaries.
• Participate in product development and underwriting guideline reviews.
• Contribute to the development and implementation of underwriting policies.

Qualifications & Experience

• Bachelor’s degree in Insurance, Finance, Business Administration, Actuarial science or a related field.
• 2 - 4 years of experience in underwriting (Life/General)
• Professional certification (e.g., CIIN, CII, ANIPR) is an added advantage.
• Strong analytical and decision-making skills.
• Good knowledge of insurance laws, regulations, and industry trends.
• Proficiency in Microsoft Office and underwriting software tools.

Skills & Competencies:

• Excellent attention to detail and accuracy.
• Strong interpersonal and communication skills.
• Ability to manage multiple priorities and meet deadlines.
• Sound judgment and problem-solving skills.
• High level of integrity and professionalism.

Application Closing Date
5th December, 2025.