Insurance Underwriting Analyst Job Vacancy in Thika, Kenya – Insurance & Financial Services

Job Description

Position: Insurance Underwriting Analyst

Company: AIA Kenya

Location: Thika, Kenya

Experience: 3-5 years in insurance underwriting or risk assessment

Education: Bachelor’s degree in Finance, Economics, Actuarial Science or related field

Employment Type: Full-time

Industry: Insurance & Financial Services

Department: Underwriting

Salary: SSP 1,200,000 – 1,800,000 per annum

Vacancies:1

Company Overview

AIA Kenya is a leading life insurance provider operating across East Africa, renowned for its customer‑centric solutions and innovative risk management products. With a strong heritage dating back to the early 20th century, AIA Kenya combines global expertise with deep local market knowledge to deliver comprehensive protection and savings plans. The company’s commitment to digital transformation, sustainable business practices, and community development makes it a top employer for professionals seeking a dynamic career in the insurance sector. As part of the AIA Group, employees benefit from worldwide training resources, a collaborative culture, and opportunities to contribute to Kenya Jobs and broader Career Opportunities in Kenya.

Job Overview

The Insurance Underwriting Analyst will play a pivotal role in evaluating risk, pricing policies, and supporting the underwriting team to maintain profitability while delivering exceptional service to clients. This role involves detailed analysis of applicant data, coordination with agents, and continuous monitoring of portfolio performance. The analyst will work closely with actuarial, claims, and sales departments to ensure underwriting guidelines are adhered to and to identify opportunities for product improvement. For more information about AIA Kenya’s mission and values, visit the main website https://kenyajobsearch.com. This position offers a unique chance to influence the growth of insurance solutions in Kenya, contributing directly to Employment in Kenya and supporting the nation’s financial resilience.

Key Responsibilities

• Analyze applications, financial statements, and medical reports to assess risk and determine appropriate premium rates.
• Prepare detailed underwriting reports and recommendations for senior underwriters and management.
• Collaborate with agents and brokers to gather additional information and clarify policy terms.
• Monitor existing policies for changes in risk exposure and recommend adjustments or renewals.
• Ensure compliance with regulatory standards set by the Insurance Regulatory Authority of Kenya.
• Assist in the development and refinement of underwriting guidelines and pricing models.
• Participate in cross‑functional projects aimed at improving underwriting efficiency and customer experience.

Required Skills

• Strong analytical and quantitative abilities with proficiency in Excel and statistical software.
• Excellent written and verbal communication skills for clear reporting and stakeholder interaction.
• Attention to detail and ability to work under tight deadlines.
• Knowledge of Kenyan insurance regulations and market trends.
• Team‑player mindset with the capacity to collaborate across departments.
• Proficiency in underwriting software platforms and CRM systems.

Education

The successful candidate must hold a Bachelor’s degree in Finance, Economics, Actuarial Science, or a closely related discipline. Professional certifications such as Chartered Insurance Institute (CII) qualifications are advantageous but not mandatory.

Experience

A minimum of three to five years of experience in insurance underwriting, risk assessment, or a related analytical role is required. Prior exposure to life insurance products and familiarity with Kenyan market dynamics will be highly valued.

Salary

The compensation package ranges from SSP 1,200,000 to SSP 1,800,000 per annum, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and a pension scheme.

Benefits

• Comprehensive medical and dental coverage for employee and dependents.
• Retirement savings plan with employer contributions.
• Annual performance bonus linked to individual and company targets.
• Flexible working hours and remote work options where applicable.
• Employee assistance program and wellness initiatives.

Training

• On‑boarding program covering AIA Kenya’s underwriting policies, systems, and compliance standards.
• Continuous professional development through workshops, webinars, and access to AIA Group’s global learning portal.
• Opportunities to obtain CII certifications and other industry‑recognised qualifications.

Working Environment

AIA Kenya offers a modern office environment in Thika equipped with state‑of‑the‑art technology, collaborative workspaces, and a culture that encourages innovation. Employees benefit from a supportive leadership team, regular team‑building activities, and a clear path for career progression.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role via the online application portal. Applications will be reviewed on a rolling basis. For detailed application instructions, please visit https://www.angolajobsearch.com/. Shortlisted applicants will be contacted for an initial interview, followed by technical assessments and final discussions with senior management.

Equal Opportunity Statement

AIA Kenya is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, ethnicity, religion, disability, or sexual orientation. All qualified applicants will receive consideration for employment without discrimination.