Insurance Underwriting Manager Job Vacancy in Murewa, Zimbabwe – Insurance

Job Description

Position: Insurance Underwriting Manager

Company: Zimnat Life Assurance

Location: Murewa, Zimbabwe

Experience: 5-7 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 600,000 – 900,000 per month

Vacancies:1

Company Overview

Zimnat Life Assurance is a leading insurer in Zimbabwe, offering a broad portfolio of life, health, and general insurance solutions to individuals and corporate clients. With a legacy spanning over three decades, Zimnat has built a reputation for financial stability, innovative product development, and a customer‑centric approach. The company operates under the umbrella of Zimnat Group, a diversified financial services conglomerate with a presence across Southern Africa. As part of its commitment to growth and excellence, Zimnat continuously invests in talent, technology, and community development, making it a top choice for professionals seeking rewarding career opportunities in the insurance sector. This role contributes directly to Zimnat’s mission of providing reliable protection and peace of mind to Zimbabwean families and businesses, reinforcing its position as a trusted partner in the nation’s economic development.

Job Overview

The Insurance Underwriting Manager will lead the underwriting team in evaluating risk, pricing policies, and ensuring compliance with regulatory standards. Reporting to the Head of Underwriting, the manager will develop underwriting guidelines, mentor junior underwriters, and collaborate with sales, actuarial, and claims departments to deliver profitable and customer‑focused insurance solutions. This position plays a pivotal role in driving Zimnat’s growth strategy, enhancing underwriting efficiency, and maintaining high standards of risk management. For more information about Zimnat and its career pathways, visit the official portal at https://zimbabwejobsearch.com/. The role offers a dynamic environment where strategic thinking meets operational excellence, ideal for professionals aiming to shape the future of insurance in Zimbabwe.

Key Responsibilities

• Develop and implement underwriting policies, procedures, and pricing models aligned with Zimnat’s risk appetite.
• Lead, coach, and evaluate a team of underwriters to ensure high performance and professional development.
• Conduct complex risk assessments for corporate and high‑value personal insurance proposals.
• Collaborate with actuarial and product development teams to design competitive insurance products.
• Monitor portfolio performance, loss ratios, and profitability, recommending corrective actions as needed.
• Ensure compliance with the Insurance Act, regulatory guidelines, and internal audit standards.
• Represent Zimnat in industry forums, conferences, and client meetings to promote underwriting expertise.
• Utilize data analytics tools to enhance underwriting accuracy and speed.

Required Skills

• Strong analytical and quantitative abilities with a deep understanding of insurance risk assessment.
• Excellent leadership and people‑management skills, fostering a collaborative team culture.
• Proficiency in underwriting software and Microsoft Office Suite, especially Excel.
• Effective communication and negotiation skills for interfacing with brokers, clients, and internal stakeholders.
• Strategic thinking with the ability to translate market trends into actionable underwriting strategies.
• Attention to detail and a commitment to regulatory compliance.

Education

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 or equivalent are highly desirable and will be considered an advantage during the selection process.

Experience

Applicants must possess a minimum of five to seven years of progressive underwriting experience within the insurance industry, with at least two years in a supervisory or managerial capacity. Experience in life and health insurance underwriting, as well as exposure to commercial lines, will be viewed favorably.

Salary

The successful candidate will receive a competitive monthly salary ranging from SSP 600,000 to SSP 900,000, commensurate with experience and qualifications. In addition, a performance‑based bonus structure and other financial incentives are part of the remuneration package.

Benefits

• Comprehensive health and life insurance coverage for the employee and eligible dependents.
• Retirement savings plan with employer contributions.
• Paid annual leave, sick leave, and public holidays in accordance with Zimbabwean labour law.
• Professional development allowance for certifications, workshops, and conferences.
• Employee assistance program and wellness initiatives.

Training

• On‑boarding program covering Zimnat’s underwriting framework, systems, and compliance requirements.
• Continuous learning opportunities through internal seminars, external courses, and mentorship.
• Access to industry‑leading underwriting tools and data analytics platforms.

Working Environment

Zimnat offers a modern office environment in Murewa equipped with state‑of‑the‑art technology, collaborative workspaces, and a culture that values innovation and integrity. The role may involve occasional travel to client sites, branch offices, and industry events across Zimbabwe.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience via the online application portal on the Zimnat Careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for an initial interview followed by a technical assessment and final panel interview.

Equal Opportunity Statement

Zimnat Life Assurance is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive workplace where all employees are valued, respected, and given the opportunity to thrive regardless of gender, race, religion, disability, or any other protected characteristic. All qualified applicants will receive consideration for employment without discrimination.