Head of Underwriting at Revolutionary Health Maintenance Organization (RevoHealth)

Job Description

• The head of underwriting leads the underwriting unit by designing, implementing and enforcing risk selection, pricing, and portfolio management strategies that ensure profitability, sustainability and regulatory compliance of RevoHealth.
• Core accountabilities of the role are centred around: profitability of the underwriting portfolio, quality and sustainability of pricing decisions, risk selection and exposure management, compliance with NHIA and internal policies, and alignment between underwriting assumptions and claims experience.

Responsibilities
This role focuses on:

• Develop and implement underwriting strategy and policies
• Define and enforce risk appetite framework
• Lead pricing and risk evaluation of all health plans
• Manage portfolio profitability and sustainability
• Support product development and innovation
• Provide data-driven insights to Management and Board
• Ensure regulatory compliance and governance

Required Qualifications and Experience

• Bachelor’s degree in Actuarial Science, Insurance, Finance, Economics, or related field
• Professional certification (e.g., CIIN, actuarial qualifications, risk management certifications) – mandatory/preferred
• Minimum 5–7 years’ experience in underwriting, insurance, or HMO operations
• At least 5–7 years in a senior leadership role
• Strong knowledge of NHIA regulations and healthcare financing in Nigeria

Key Competencies:

• Strategic Thinking – Ability to align underwriting with business growth
• Analytical & Quantitative Skills – Strong data interpretation and pricing capability
• Risk Management Expertise – Deep understanding of insurance risk principles
• Financial Acumen – Ability to link underwriting decisions to profitability
• Regulatory Knowledge – Strong grasp of NHIA and healthcare regulations
• Stakeholder Management – Ability to influence Sales, Brokers, and Providers
• Decision-Making – Sound judgment under uncertainty