Insurance Underwriting Analyst Job Vacancy in Simunye, Eswatini – Insurance & Risk Management

Job Description

Position:Insurance Underwriting Analyst

Company:Old Mutual Eswatini

Location:Simunye, Eswatini

Experience:2-4 years

Education:Bachelor’s degree in Finance, Economics, or related field

Employment Type:Full-time

Industry:Insurance & Risk Management

Department:Underwriting

Vacancies:1

Company Overview

Old Mutual Eswatini is a leading provider of comprehensive insurance solutions across Southern Africa, delivering life, health, and general insurance products to individuals and businesses. With a heritage spanning over a century, Old Mutual combines deep market insight, innovative risk assessment tools, and a customer‑centric approach to protect assets and secure futures. The company’s commitment to sustainable growth, community development, and digital transformation makes it a top employer for professionals seeking dynamic career opportunities in Eswatini. As part of a global network, Old Mutual Eswatini offers access to international best practices, robust training programs, and a collaborative culture that values integrity, excellence, and diversity. Candidates joining the underwriting team will contribute to the company’s mission of delivering reliable protection while advancing their own professional growth in a supportive environment.

Job Overview

The Insurance Underwriting Analyst will play a pivotal role in evaluating risk, pricing policies, and supporting the underwriting team in delivering tailored insurance solutions to corporate and individual clients. This position involves detailed analysis of applications, assessment of financial statements, and collaboration with actuaries to ensure accurate risk classification. The analyst will also assist in developing underwriting guidelines, monitoring portfolio performance, and contributing to strategic initiatives that enhance profitability and customer satisfaction. The role offers exposure to a broad range of insurance products, advanced analytics tools, and the opportunity to work closely with seasoned underwriters and senior management. For more information about our corporate values and career pathways, visit our main website https://eswatinijobsearch.com. Additional resources on regional job markets can be found at https://www.southafricajobsearch.com/.

Key Responsibilities

• Analyze insurance applications, financial statements, and risk data to determine appropriate coverage and pricing.
• Prepare detailed underwriting reports and recommendations for senior underwriters.
• Collaborate with actuaries to develop and refine pricing models and risk assessment tools.
• Maintain and update underwriting guidelines to reflect regulatory changes and market trends.
• Monitor the performance of the underwriting portfolio, identifying trends and recommending corrective actions.
• Assist in the preparation of policy documents, endorsements, and renewal notices.
• Provide exceptional customer service by responding to client inquiries and clarifying policy terms.
• Support the development of training materials and workshops for junior underwriting staff.

Required Skills

• Strong analytical and quantitative abilities with proficiency in Excel and statistical software.
• Excellent written and verbal communication skills for clear reporting and client interaction.
• Attention to detail and ability to assess complex financial information.
• Knowledge of insurance principles, underwriting processes, and regulatory requirements.
• Ability to work collaboratively in a team environment and manage multiple priorities.
• Proficiency in risk assessment tools and familiarity with industry‑specific software.
• Customer‑focused mindset with a commitment to delivering high‑quality service.
• Adaptability to evolving market conditions and willingness to embrace digital transformation.

Education

Candidates must hold a Bachelor’s degree in Finance, Economics, Business Administration, Actuarial Science, or a closely related discipline. Professional certifications such as Chartered Insurance Analyst (CIA) or equivalent are advantageous but not mandatory. Continuous learning and a commitment to staying current with industry developments are essential for success in this role.

Experience

The ideal applicant will have 2‑4 years of experience in insurance underwriting, risk analysis, or a related financial services role. Experience with commercial lines, property & casualty, or life insurance underwriting is highly valued. Prior exposure to data‑driven decision‑making and collaboration with actuarial teams will enhance candidacy.

Benefits

• Competitive salary package aligned with market standards.
• Comprehensive health and life insurance coverage.
• Retirement savings plan with employer contributions.
• Performance‑based bonuses and incentives.
• Professional development allowance for certifications and courses.
• Flexible working arrangements and paid leave.

Training

• On‑boarding program covering Old Mutual’s underwriting policies and systems.
• Access to internal e‑learning platforms for continuous skill enhancement.
• Mentorship from senior underwriters and actuarial experts.
• Workshops on advanced risk modeling and data analytics.
• Opportunities to attend industry conferences and seminars.

Working Environment

Old Mutual Eswatini fosters a collaborative, inclusive, and technology‑enabled workplace. The underwriting department operates in a modern office in Simunye, equipped with state‑of‑the‑art analytical tools and secure data systems. Employees enjoy a culture that encourages innovation, open communication, and a healthy work‑life balance. The company’s commitment to diversity and equal opportunity ensures that all team members feel valued and empowered to contribute their best.

Application Process

Interested candidates should submit their application through the online portal on our website, attaching a current resume and a cover letter outlining relevant experience and motivation for the role. Applications will be reviewed by the talent acquisition team, and shortlisted candidates will be invited for a virtual interview followed by an on‑site assessment. The recruitment timeline typically spans three to four weeks from submission to final offer.

Equal Opportunity Statement

Old Mutual Eswatini is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, age, disability, or sexual orientation. Our hiring practices focus on merit, competence, and potential, ensuring fair treatment for all applicants.