Insurance Underwriting Analyst Job Vacancy in Awka, Nigeria – Insurance

Job Description

Position: Insurance Underwriting Analyst

Company: AXA Mansard Insurance

Location: Awka, Nigeria

Experience: 3-5 years in insurance underwriting, risk assessment, or related financial analysis

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

Employment Type: Full-time

Industry: Insurance

Department: Underwriting

Salary: NGN 2,500,000 – NGN 4,000,000 per annum

Vacancies:1

Company Overview

AXA Mansard Insurance is a leading provider of comprehensive insurance solutions across Nigeria, combining global expertise with deep local market knowledge. With a strong commitment to innovation, customer centricity, and sustainable growth, AXA Mansard has built a reputation for delivering reliable protection to individuals, SMEs, and large corporations. As part of the AXA Group, the company leverages cutting‑edge technology and robust risk management frameworks to stay ahead in a dynamic market. The Awka office serves as a strategic hub for the Eastern region, supporting a diverse portfolio that includes life, health, property, and commercial insurance products. Joining AXA Mansard means becoming part of a vibrant team that values professional development, ethical standards, and community impact, making it an ideal destination for ambitious professionals seeking a rewarding career in the insurance sector.

Job Overview

The Insurance Underwriting Analyst will play a pivotal role in evaluating risk, pricing policies, and supporting the underwriting team to ensure profitable growth. Based in Awka, the analyst will collaborate closely with underwriters, actuaries, and sales teams to assess applications, conduct financial analysis, and recommend appropriate coverage limits. This position offers a unique opportunity to contribute to the development of innovative insurance products while adhering to regulatory standards and AXA Mansard’s rigorous underwriting guidelines. The role is integral to maintaining the company’s high standards of risk selection, customer satisfaction, and financial performance, aligning with the broader objectives of AXA’s global network.

AXA Mansard is actively hiring in Nigeria and promotes career opportunities that empower talent across the nation. For more information about our hiring process, visit Nigeria Job Search.

Key Responsibilities

• Analyze insurance applications, financial statements, and risk data to determine appropriate underwriting decisions.
• Prepare detailed risk assessment reports and pricing recommendations for senior underwriters.
• Collaborate with sales and broker teams to gather necessary documentation and clarify policy terms.
• Monitor portfolio performance, identify emerging risk trends, and suggest adjustments to underwriting guidelines.
• Ensure compliance with local regulatory requirements, AXA Group policies, and internal audit standards.
• Assist in the development of new insurance products by providing market and risk insights.
• Maintain accurate records in underwriting systems and contribute to data quality initiatives.
• Participate in periodic training sessions and professional development programs.

Required Skills

• Strong analytical and quantitative abilities with proficiency in Excel and statistical tools.
• Excellent written and verbal communication skills for clear reporting and stakeholder interaction.
• Knowledge of Nigerian insurance regulations, market dynamics, and underwriting best practices.
• Attention to detail and ability to work under tight deadlines while maintaining high accuracy.
• Team‑oriented mindset with the capacity to collaborate across departments.
• Problem‑solving orientation and proactive approach to risk identification.

Education

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

Experience

Applicants should have 3‑5 years of relevant experience in insurance underwriting, risk analysis, or financial assessment. Experience within the Nigerian insurance market, familiarity with local underwriting software, and a track record of successful policy evaluations will be highly valued.

Salary

The compensation package ranges from NGN 2,500,000 to NGN 4,000,000 annually, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and retirement benefits.

Benefits

• Comprehensive health and life insurance coverage for employees and dependents.
• Retirement savings plan with company matching contributions.
• Annual performance bonus tied to individual and company targets.
• Paid annual leave, sick leave, and public holidays in accordance with Nigerian labor law.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

Training

• Onboarding program covering AXA Mansard’s underwriting policies, systems, and compliance standards.
• Continuous learning modules on emerging risks, digital underwriting tools, and regulatory updates.
• Mentorship opportunities with senior underwriters and actuarial experts.
• Access to AXA Group’s global learning platform for industry‑wide best practices.

Working Environment

The Awka office offers a modern, collaborative workspace equipped with state‑of‑the‑art technology, meeting rooms, and a comfortable break area. AXA Mansard promotes a culture of inclusion, transparency, and work‑life balance, encouraging employees to contribute ideas and participate in community outreach programs.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the AXA Mansard careers portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be invited for a virtual interview followed by an on‑site assessment at the Awka office.

Equal Opportunity Statement

AXA Mansard Insurance 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.