Reference Number
BI-211
Description

 

The Underwriting Technician is responsible for assisting in the assessment, evaluation, and processing of insurance applications in accordance with underwriting guidelines and risk assessment policies. The role involves analysing client information, supporting senior underwriters, and ensuring efficient underwriting processes.

Requirements

Key tasks & Accountabilities 

  • Assist in assessing risks and determining appropriate coverage, terms, and premiums.
  • Review and analyse application documents, including financial statements, policy history, and risk factors.
  • Ensure underwriting decisions align with company policies and regulatory requirements.
  • Policy Administration:
  • Process new business, renewals, and endorsements efficiently.
  • Prepare underwriting reports and maintain accurate records of all underwriting decisions.
  • Communicate underwriting decisions to brokers, clients, and internal stakeholders.
  • Risk Assessment & Compliance:
  • Support in conducting risk assessments and recommending suitable coverage.
  • Ensure compliance with internal underwriting guidelines and external regulatory frameworks. Ie KYC
  • Identify potential risk exposures and propose mitigation strategies.
  • Customer & Stakeholder Engagement:
  • Liaise with brokers, agents, and clients to gather additional information as needed.
  • Provide technical underwriting support to internal teams and external stakeholders.
  • Assist in resolving underwriting queries and policy-related concerns.
  • Continuous Learning & Development:
  • Stay updated on industry trends, market developments, and underwriting best practices.
  • Participate in training programs and professional development initiatives.

 

Qualifications & Experience

  • Bachelor’s degree Finance, Engineering, Risk Management, Business Administration, or a related field.
  • Professional certification (or working towards one) in insurance (e.g., CII, AIISA) is an added advantage.
  • 1–2 years of experience in underwriting, insurance, or a related field.
  • Strong analytical and numerical skills with attention to detail.

            

 Skills & Competencies

  • Understanding of underwriting principles and risk assessment.
  • Strong decision-making and problem-solving abilities.

Closing date: 02 July 2025

Work Level
Junior
Type
Permanent
Salary
Market Related
EE Position
No
Location
Gaborone