Job Description
Position: Insurance Underwriting Analyst
Company: Old Mutual Eswatini
Location: Piggs Peak, Eswatini
Experience: 2-4 years
Education: Bachelor’s degree in Finance, Economics, or related field
Employment Type: Full-time
Industry: Insurance
Department: Underwriting
Salary: SSP 150,000 – SSP 250,000 per month
Vacancies:1
Company Overview
Old Mutual Eswatini is a leading provider of insurance and financial services across Southern Africa. With a heritage of more than a century, the company delivers innovative risk management solutions, life and general insurance products, and investment services to individuals, families, and businesses. Operating from its headquarters in Mbabane and regional offices including Piggs Peak, Old Mutual Eswatini is committed to fostering financial security and sustainable growth in the community. As a prominent employer, it offers a dynamic workplace that encourages professional development, diversity, and corporate responsibility. Candidates seeking Eswatini Jobs will find a supportive environment that values integrity, customer focus, and continuous improvement.
Job Overview
The Insurance Underwriting Analyst will play a critical role in evaluating risk, pricing policies, and supporting the underwriting team to ensure profitable and compliant insurance solutions. This position involves detailed analysis of applications, collaboration with agents, and adherence to regulatory standards. The role contributes directly to the company’s mission of delivering reliable insurance services while maintaining strong financial performance. For more information about the organization and its values, visit Old Mutual Eswatini Careers. This Job Vacancy in Eswatini offers a unique opportunity for professionals looking to advance their careers in the insurance sector.
Key Responsibilities
- Assess insurance applications and determine appropriate risk classifications.
- Analyze financial statements, credit reports, and actuarial data to support underwriting decisions.
- Prepare detailed underwriting reports and recommend pricing adjustments.
- Collaborate with sales agents and brokers to gather necessary documentation.
- Ensure compliance with local insurance regulations and internal policies.
- Monitor portfolio performance and identify trends for risk mitigation.
- Assist in the development of underwriting guidelines and best practices.
- Provide training and mentorship to junior underwriting staff.
Required Skills
- Strong analytical and quantitative abilities.
- Excellent written and verbal communication skills.
- Proficiency in Microsoft Office Suite, especially Excel.
- Knowledge of insurance principles and underwriting processes.
- Attention to detail and high level of accuracy.
- Ability to work independently and as part of a team.
- Customer‑focused mindset with problem‑solving orientation.
Education
A Bachelor’s degree in Finance, Economics, Business Administration, Actuarial Science, or a related discipline is required. Professional certifications such as Chartered Insurance Analyst (CIA) or equivalent are advantageous.
Experience
Applicants should have 2 to 4 years of experience in insurance underwriting, risk analysis, or a related financial services role. Experience within the Southern African insurance market is preferred.
Salary
The compensation package ranges from SSP 150,000 to SSP 250,000 per month, commensurate with experience and qualifications. The package includes performance‑based bonuses and comprehensive benefits.
Benefits
- Medical and dental coverage for employee and dependents.
- Retirement savings plan with company contributions.
- Paid annual leave and statutory holidays.
- Life insurance and disability coverage.
- Employee assistance program.
- Opportunities for career advancement and internal mobility.
Training
- On‑boarding program covering company policies and underwriting systems.
- Continuous professional development workshops.
- Access to industry certifications and tuition reimbursement.
- Mentorship from senior underwriters.
- Regular webinars on emerging insurance trends.
Working Environment
Old Mutual Eswatini offers a collaborative office setting in Piggs Peak equipped with modern technology and flexible work arrangements. The culture promotes teamwork, ethical conduct, and a balanced work‑life integration, making it an attractive destination for those seeking Employment in Eswatini.
Application Process
Interested candidates should submit an online application through the company’s career portal. The process includes an initial resume review, a competency‑based questionnaire, and two interview stages – one with HR and another with the underwriting manager. Successful applicants will be notified within two weeks of submission.
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, or sexual orientation. Our hiring practices support the principles of fairness and respect, ensuring that every candidate has an equal chance to succeed.