Insurance Underwriting Analyst Job Vacancy in Moyamba, Sierra Leone – Insurance

Job Description

Position:Insurance Underwriting Analyst

Company:African Life Assurance Ltd

Location:Moyamba, Sierra Leone

Experience:2-4 years of relevant experience in insurance underwriting or risk assessment.

Education:Bachelor’s degree in Finance, Business Administration, Economics, or related field.

Employment Type:Full-time

Industry:Insurance

Department:Underwriting

Salary:SSP 1,200,000 – 2,000,000 per month

Vacancies:1

Company Overview

African Life Assurance Ltd is a leading provider of life and general insurance solutions across West Africa, with a strong presence in Sierra Leone. Established over two decades ago, the company has built a reputation for financial stability, innovative products, and a customer‑centric approach. As part of its commitment to the economic development of Sierra Leone, African Life Assurance invests in local talent, community outreach, and sustainable business practices. The firm’s portfolio includes health, motor, property, and commercial insurance, serving individuals, SMEs, and large corporations. By joining the team, you become part of a dynamic organization that values integrity, professional growth, and the delivery of high‑quality insurance services throughout the region. This role contributes directly to the company’s mission of protecting assets and lives, reinforcing African Life Assurance’s position as a trusted partner in the insurance sector.

Job Overview

The Insurance Underwriting Analyst will support the Underwriting Department by evaluating risk, preparing policy proposals, and ensuring compliance with regulatory standards. You will work closely with senior underwriters, actuaries, and sales teams to assess applications, analyze data, and recommend appropriate coverage terms. This position offers a unique opportunity to develop expertise in insurance risk assessment while contributing to the growth of African Life Assurance in Sierra Leone. For more information about the company and its values, visit our website at https://sierraleonejobsearch.com/. The role is integral to our mission of delivering reliable insurance solutions and supports the broader goal of creating sustainable career opportunities in Sierra Leone.

Key Responsibilities

• Analyze insurance applications and assess risk factors using quantitative and qualitative methods.
• Prepare detailed underwriting reports and recommend policy terms, premiums, and coverage limits.
• Collaborate with sales agents to gather necessary documentation and clarify client requirements.
• Ensure all underwriting decisions comply with local regulations and company underwriting guidelines.
• Maintain accurate records in the underwriting system and update policy information as needed.
• Assist senior underwriters in developing new underwriting criteria for emerging market segments.
• Participate in periodic audits and contribute to continuous improvement initiatives.

Required Skills

• Strong analytical and numerical abilities with attention to detail.
• Proficiency in Microsoft Office Suite, especially Excel, and familiarity with underwriting software.
• Excellent written and verbal communication skills.
• Ability to work independently and as part of a collaborative team.
• Understanding of insurance principles, risk assessment, and regulatory environment in Sierra Leone.

Education

A minimum of a bachelor’s degree in Finance, Business Administration, Economics, Actuarial Science, or a related discipline is required. Professional certifications such as Chartered Insurance Institute (CII) qualifications are advantageous but not mandatory.

Experience

Applicants should have 2‑4 years of experience in insurance underwriting, risk analysis, or a related field. Experience within the West African insurance market or exposure to local regulatory frameworks will be considered a strong asset.

Salary

The compensation package ranges from SSP 1,200,000 to SSP 2,000,000 per month, commensurate with experience and qualifications. Performance‑based bonuses and annual salary reviews are part of the remuneration structure.

Benefits

• Comprehensive health insurance for employee and dependents.
• Retirement savings plan with employer contributions.
• Paid annual leave and statutory holidays.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

Training

• On‑boarding program covering company policies, underwriting processes, and compliance standards.
• Continuous learning workshops on advanced risk modeling and emerging insurance products.
• Mentorship from senior underwriters to accelerate career growth.

Working Environment

The role is based in our Moyamba office, offering a modern workspace equipped with the latest technology. The company promotes a collaborative culture, encouraging open communication and knowledge sharing across departments. Flexible working arrangements may be considered based on performance and business needs.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through the online portal on our website. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for an interview. Please ensure all documents are in PDF format.

Equal Opportunity Statement

African Life Assurance Ltd 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. Our hiring practices reflect our dedication to fairness and merit‑based selection, supporting the broader goal of Employment in Sierra Leone and fostering Career Opportunities in Sierra Leone.