Senior Underwriting Analyst Job Vacancy in Piggs Peak, Eswatini – Insurance

Job Description

Position: Senior Underwriting Analyst

Company: Old Mutual Eswatini

Location: Piggs Peak, Eswatini

Experience: 5+ years in insurance underwriting

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

Employment Type: Full-time

Industry: Insurance

Department: Underwriting

Salary: SSP 250,000 – SSP 400,000 per annum

Vacancies:1

Company Overview

Old Mutual Eswatini is a leading provider of comprehensive insurance solutions across Southern Africa. With a legacy of more than a century, the company combines global expertise with local insight to deliver innovative products that protect individuals, families, and businesses. As part of a multinational financial services group, Old Mutual Eswatini is committed to sustainable growth, community development, and fostering a culture of excellence. The firm’s presence in Eswatini supports the nation’s economic stability and offers a rewarding career path for professionals seeking long‑term growth.

Our Piggs Peak office serves as a strategic hub for underwriting activities in the region, providing a collaborative environment where talent thrives. By joining Old Mutual Eswatini, you become part of a dynamic team that values integrity, customer focus, and continuous improvement. This role contributes directly to the company’s mission of delivering reliable risk solutions while supporting the broader goal of creating a resilient financial ecosystem in Eswatini.

Job Overview

The Senior Underwriting Analyst will lead the evaluation, pricing, and approval of complex insurance proposals for corporate and high‑net‑worth clients. Reporting to the Head of Underwriting, you will apply advanced analytical techniques, market knowledge, and regulatory compliance to ensure profitable underwriting decisions. This position plays a pivotal role in shaping the company’s risk portfolio, driving profitability, and enhancing customer satisfaction. For more information about our corporate values and career pathways, visit our website at https://eswatinijobsearch.com/. This job is an excellent opportunity for professionals seeking to advance their careers in the insurance sector and contribute to the growth of Eswatini Jobs.

Key Responsibilities

• Assess and underwrite complex commercial and specialty insurance applications, ensuring accurate risk evaluation and pricing.
• Develop and maintain underwriting guidelines, rating models, and policy wording in line with regulatory standards.
• Collaborate with sales, actuarial, and claims teams to structure solutions that meet client needs while protecting company profitability.
• Conduct portfolio reviews, identify emerging risk trends, and recommend strategic adjustments to underwriting strategies.
• Mentor junior underwriters, providing training, feedback, and performance assessments.
• Prepare detailed underwriting reports and present findings to senior management and the board.
• Ensure compliance with the Insurance Act of Eswatini and other relevant legislation.

Required Skills

• Strong analytical and quantitative abilities with proficiency in actuarial software and Excel.
• In‑depth knowledge of commercial insurance products, market dynamics, and risk assessment techniques.
• Excellent communication and negotiation skills for interfacing with clients and internal stakeholders.
• Ability to make independent decisions under pressure while maintaining high ethical standards.
• Leadership qualities to guide and develop junior team members.
• Proficiency in English; knowledge of siSwati is an advantage.

Education

A Bachelor’s degree in Finance, Business Administration, Economics, or a related discipline is required. Professional certifications such as Chartered Insurance Institute (CII) qualifications or equivalent are highly desirable and will be considered an asset during the selection process.

Experience

Applicants must have a minimum of five years of progressive experience in insurance underwriting, preferably within commercial lines or specialty sectors. Demonstrated experience in managing large, complex risk portfolios and a track record of achieving underwriting profit targets are essential.

Salary

The compensation package ranges from SSP 250,000 to SSP 400,000 per annum, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, pension contributions, and other statutory benefits.

Benefits

• Competitive salary with annual performance bonuses.
• Comprehensive medical and dental coverage for employee and dependents.
• Pension scheme with employer contributions.
• Paid annual leave, sick leave, and public holidays.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

Training

• On‑boarding program covering Old Mutual’s underwriting policies, systems, and compliance framework.
• Continuous learning opportunities through internal workshops, external seminars, and industry conferences.
• Access to online learning platforms for skill enhancement in risk analytics and financial modeling.
• Mentorship from senior leaders to support career progression.

Working Environment

Our Piggs Peak office offers a modern, collaborative workspace equipped with the latest technology to support efficient underwriting processes. The culture emphasizes teamwork, transparency, and a commitment to work‑life balance. Employees enjoy a supportive environment where ideas are valued, and innovation is encouraged, making it an ideal setting for professionals seeking meaningful Employment in Eswatini.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online application portal on our website. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for a virtual interview followed by an on‑site assessment. Please ensure all documents are in PDF format and clearly labeled.

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. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. Our hiring practices reflect our dedication to fostering a workplace that reflects the communities we serve and supports Hiring in Eswatini.