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A leading and growing short-term insurance company in Zimbabwe, is seeking to recruit a highly experienced, strategic and results-oriented Chief Underwriter to join its Senior Management Team.
Job Summary
- Type: full-time
- Location: Harare
- Category: Insurance
- Closing Date: 2026-08-07
Key Responsibilities
- Provide strategic leadership and direction to the underwriting department in line with the Company’s business objectives.
- Develop and implement underwriting strategies, policies and procedures that support profitable portfolio growth.
- Oversee underwriting operations across all classes of short-term insurance business.
- Ensure prudent risk assessment, pricing and acceptance in accordance with delegated authorities and reinsurance arrangements.
- Monitor underwriting performance, portfolio quality, claims trends and loss ratios, implementing corrective measures where necessary.
- Build, maintain and strengthen strategic relationships with insurance brokers, agents, key intermediaries to grow premium income, identify new business opportunities to improve market share.
- Ensure compliance with regulatory requirements, Company policies, reinsurance treaties and Insurance and Pensions Commission (IPEC) guidelines.
- Prepare underwriting reports, portfolio analyses and management information for Executive Management and the Board.
- Develop departmental budgets, monitor performance against targets and drive continuous process improvements.
- Foster a culture of innovation, accountability, collaboration and operational excellence within the department.
Requirements
- Bachelor’s Degree in Risk Management and Insurance , Actuarial Science or ACII, AIISA.
- A relevant postgraduate qualification (MBA or Master’s Degree) will be an added advantage.
- Minimum of 5-10 years’ progressive experience in short-term insurance underwriting, with at least 3 years in a senior management or leadership position.
- Demonstrated experience managing broker and agency relationships.
- Strong understanding of underwriting principles, reinsurance, claims management and insurance regulations.
- High levels of integrity, professionalism and sound judgement.
How to Apply
Apply by email: [email protected]
Frequently Asked Questions
What are the typical qualifications and certifications required for a Chief Underwriter in Zimbabwe?
Generally, a degree in Insurance, Actuarial Science, Business, or a related field is essential, coupled with extensive experience in underwriting. Professional certifications like ACII (Associate of the Chartered Insurance Institute) are highly regarded and often a prerequisite for this senior role.
What are the common day-to-day responsibilities of a Chief Underwriter in a Zimbabwean insurance company?
Your days would involve overseeing the underwriting department, developing underwriting guidelines, and approving complex or high-value policies. You'd also be responsible for risk assessment, ensuring regulatory compliance, and leading a team of underwriters.
What is the typical work culture and what are the key expectations for a Chief Underwriter in the Zimbabwean insurance sector?
The culture often values professionalism, strong ethical conduct, and adherence to local regulations set by IPEC. Employers expect proactive leadership, strategic thinking to navigate the dynamic economic environment, and a commitment to continuous professional development.
What are the realistic career progression paths for a Chief Underwriter in Zimbabwe?
A Chief Underwriter can progress to roles such as Head of Underwriting, Chief Risk Officer, or even General Manager/Executive within an insurance firm. Moving into consultancy or specialized risk management within other financial institutions are also viable options.
What typical benefits package can a Chief Underwriter expect in Zimbabwe?
Beyond a competitive salary that varies by employer and experience, benefits commonly include a robust medical aid plan, pension contributions, and annual leave allowances. Some employers may also offer transport allowances, performance-based bonuses, and opportunities for professional development courses.
How should one apply for a Chief Underwriter role in Zimbabwe, and what do employers typically look for?
Applications usually require a detailed CV and cover letter highlighting extensive underwriting experience, leadership skills, and regulatory knowledge. Employers seek candidates with a proven track record in risk management, strategic decision-making, and strong interpersonal skills to lead a team effectively.