Insurance Underwriter at Updeal Resources

Job Summary

• We are seeking a data-savvy Insurance Underwriter to manage and streamline the risk assessment process for our digital insurance products.
• You will sit at the intersection of traditional insurance and modern technology, ensuring that our underwriting guidelines are robust yet flexible enough to support rapid customer onboarding.
• Your goal is to balance competitive pricing with sustainable risk for our micro-insurance and credit-linked products.

​Key Responsibilities

• ​Evaluate insurance applicationsusing both manual checks and automated scoring tools to determine risk acceptability.
• ​Oversee the automated issuance of policies via our app/platform, ensuring terms and conditions are accurately applied.
• ​Regularly review the performance of the insured portfolio to identify trends, high-loss ratios or potential fraud.
• ​Collaborate with the Product and Tech teams to design new micro-insurance products and define the logic for automated underwriting engines.
• ​Ensure all underwriting activities align with national insurance regulatory standards and internal risk policies.
• ​Work closely with the claims team to ensure that the underwriting data captured at onboarding simplifies the claims verification process.

​Requirements & Qualifications

• ​Minimum of B.Sc. in Insurance, Actuarial Science, Statistics or related field.
• 3 - 5 years of experience in insurance underwriting.
• Must be CIIN Certified
• ​Strong proficiency in Excel and data analytics tools.
• ​Experience working with Underwriting Software or Loan Management Systems.
• ​Ability to interpret complex data to make quick, informed decisions.