Insurance Underwriter Job Vacancy in Freetown, Sierra Leone – Insurance

Job Description

Position: Insurance Underwriter

Company: Allianz Sierra Leone

Location: Freetown, Sierra Leone

Experience: 3-5 years of underwriting experience in the insurance sector

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

Employment Type: Full-time

Industry: Insurance

Department: Underwriting

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

Vacancies:1

Company Overview

Allianz Sierra Leone is a leading provider of comprehensive insurance solutions across West Africa. As part of the global Allianz Group, the company brings over a century of expertise in risk management, customer service excellence, and innovative product development. Operating from its modern headquarters in Freetown, Allianz Sierra Leone serves individuals, small and medium enterprises, and large corporations, offering life, health, property, and casualty insurance. The organization is committed to fostering financial inclusion, supporting community development projects, and promoting sustainable business practices throughout Sierra Leone. With a strong focus on digital transformation, Allianz Sierra Leone leverages cutting‑edge technology to streamline policy issuance, claims processing, and customer engagement, positioning itself as a top employer for professionals seeking dynamic career opportunities in the insurance sector.

Job Overview

The Insurance Underwriter will play a pivotal role in assessing risk, pricing policies, and ensuring the profitability of Allianz Sierra Leone’s portfolio. Reporting to the Head of Underwriting, the successful candidate will evaluate applications, negotiate terms, and collaborate closely with sales, actuarial, and claims teams to deliver tailored insurance solutions. This role offers a unique chance to contribute to the growth of the insurance market in Sierra Leone while working within a globally recognized brand. Candidates will be expected to uphold the highest standards of integrity, compliance, and customer focus, aligning with Allianz’s core values of responsibility, excellence, and teamwork. For more information about our company and culture, please visit https://sierraleonejobsearch.com/. This position is an excellent fit for professionals eager to advance their underwriting career in a fast‑growing market, and it provides exposure to a diverse range of insurance products and client segments.

Key Responsibilities

• Analyze insurance applications, assess risk exposure, and determine appropriate premium rates.
• Prepare detailed underwriting reports and recommendations for approval by senior management.
• Collaborate with sales agents to develop customized insurance solutions that meet client needs while maintaining profitability.
• Monitor existing policies, conduct periodic reviews, and recommend adjustments or renewals as necessary.
• Ensure compliance with local regulatory requirements, Allianz Group underwriting guidelines, and international best practices.
• Maintain accurate records in the underwriting system and contribute to data quality initiatives.
• Participate in market research to stay informed about emerging risks, industry trends, and competitive offerings.
• Support the claims department by providing expert insights on policy terms and conditions during claim investigations.

Required Skills

• Strong analytical abilities with a keen eye for detail and risk assessment.
• Excellent communication and negotiation skills to interact effectively with clients and internal stakeholders.
• Proficiency in underwriting software and Microsoft Office Suite, particularly Excel.
• Solid understanding of insurance principles, policy wording, and regulatory environment in Sierra Leone.
• Ability to work independently and as part of a multidisciplinary team.
• High ethical standards and commitment to confidentiality.

Education

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

Experience

Applicants should possess three to five years of hands‑on underwriting experience, preferably within property, casualty, or commercial lines. Experience in emerging markets or within the West African insurance landscape 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 incentives are also part of the total rewards structure.

Benefits

• Comprehensive health and life insurance coverage for employee and dependents.
• Retirement savings plan with employer contributions.
• Paid annual leave, sick leave, and public holidays in accordance with Sierra Leone labor law.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

Training

• On‑boarding program covering Allianz Group underwriting standards and local market practices.
• Continuous learning opportunities through webinars, workshops, and mentorship.
• Access to Allianz’s global knowledge portal for industry research and best practices.

Working Environment

Allianz Sierra Leone offers a collaborative, inclusive, and technology‑driven workplace located in the heart of Freetown’s business district. The office features modern workstations, meeting rooms equipped with video‑conferencing tools, and a comfortable break area. Employees benefit from a culture that encourages innovation, knowledge sharing, and work‑life balance.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the online application portal on our website. Applications will be reviewed on a rolling basis, and shortlisted candidates will be invited for a virtual interview followed by an on‑site assessment.

Equal Opportunity Statement

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