Underwriting Analyst Job Vacancy in Piggs Peak, Eswatini – Insurance

Job Description

Position: Underwriting Analyst

Company: Old Mutual Eswatini

Location: Piggs Peak, Eswatini

Experience: 2-4 years in insurance underwriting or related field

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

Employment Type: Full-time

Industry: Insurance

Department: Underwriting

Salary: SSP 15,000 – SSP 25,000 per month

Vacancies:1

Company Overview

Old Mutual Eswatini is a leading provider of life and general insurance solutions across Southern Africa. With a heritage spanning over a century, the company combines global expertise with local insight to deliver innovative risk management products to individuals, families, and businesses. As part of the Old Mutual Group, the Eswatini branch adheres to the highest standards of corporate governance, financial stability, and customer service. The organization is committed to fostering sustainable growth, supporting community development, and creating a diverse and inclusive workplace. Old Mutual Eswatini is recognized as a top employer for Eswatini Jobs and offers exciting Career Opportunities in Eswatini. Candidates who join Old Mutual Eswatini become part of a dynamic team that values integrity, collaboration, and continuous improvement, making it an attractive destination for professionals seeking long‑term career advancement in the insurance sector.

Job Overview

The Underwriting Analyst will play a pivotal role in evaluating insurance applications, assessing risk profiles, and recommending appropriate coverage terms. Working closely with senior underwriters, actuaries, and sales teams, the analyst ensures that underwriting decisions align with the company’s risk appetite and profitability goals. This position offers a unique opportunity to develop deep expertise in insurance underwriting while contributing to the growth of Old Mutual’s market presence in Eswatini. The role also involves interacting with brokers, clients, and regulatory bodies to maintain compliance with local insurance regulations. The Underwriting Analyst position is a sought‑after Job Vacancy in Eswatini for candidates looking to advance their insurance careers. For more information about the company’s vision and values, visit https://eswatinijobsearch.com/.

Key Responsibilities

• Analyze insurance applications, financial statements, and supporting documents to determine risk exposure.
• Prepare detailed underwriting reports and recommend appropriate premium rates and policy terms.
• Collaborate with senior underwriters to develop risk assessment models and pricing strategies.
• Maintain accurate records in the underwriting system and ensure data integrity.
• Monitor portfolio performance and identify trends that may affect underwriting guidelines.
• Assist in the preparation of regulatory filings and compliance documentation.
• Provide timely feedback to sales teams and brokers regarding underwriting decisions.
• Participate in continuous improvement initiatives to enhance underwriting efficiency.

Required Skills

• Strong analytical and quantitative abilities with attention to detail.
• Proficiency in Microsoft Office Suite, especially Excel; familiarity with underwriting software is a plus.
• Excellent written and verbal communication skills.
• Ability to interpret financial statements and assess credit risk.
• Knowledge of insurance principles, policy wording, and regulatory requirements.
• Team‑player mindset with the capacity to work independently when needed.
• Problem‑solving orientation and proactive decision‑making.

Education

A Bachelor’s degree in Finance, Business Administration, Economics, Actuarial Science, or a related field is required. Professional certifications such as Chartered Insurance Institute (CII) qualifications are advantageous but not mandatory.

Experience

Applicants should have 2–4 years of experience in insurance underwriting, risk analysis, or a comparable role within the financial services industry. Experience in the Southern African insurance market is highly valued.

Salary

The position offers a competitive salary range of SSP 15,000 to SSP 25,000 per month, commensurate with experience and qualifications. Performance‑based bonuses and incentives may also be part of the total compensation package.

Benefits

• Comprehensive health and life insurance coverage.
• Retirement savings plan with employer contributions.
• Paid annual leave and statutory holidays.
• Professional development allowance and support for certifications.
• Employee assistance program and wellness initiatives.
• Opportunities for career progression within the Old Mutual Group.

Training

• On‑boarding program covering company policies, underwriting guidelines, and compliance standards.
• Access to internal learning platforms and external industry seminars.
• Mentorship from senior underwriters and actuarial experts.
• Regular workshops on emerging risk trends and advanced analytics.

Working Environment

Old Mutual Eswatini offers a collaborative office environment in Piggs Peak, equipped with modern technology and comfortable workspaces. The company promotes a culture of respect, diversity, and work‑life balance, encouraging employees to contribute ideas and participate in community outreach programs.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the Underwriting Analyst role through the online application portal on the Old Mutual careers page. Our Hiring in Eswatini process ensures transparency and fairness. Applications will be reviewed on a rolling basis, and shortlisted applicants will be contacted for an initial interview.

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. All qualified applicants will receive consideration for employment without discrimination. These benefits support Employment in Eswatini.