Position Overview
The Head of Underwriting Governance and Strategy will be responsible for managing capacity deployment, establishing underwriting authorities, and ensuring compliance with underwriting guidelines This role requires a strong understanding of governance frameworks, risk management, and strategic planning The ideal candidate will drive effective governance and strategic initiatives to support the company’s growth
Location: Lusaka, Zambia
Reports to: Chief Underwriting Officer (CUO)
Key Responsibilities:
- Governance Framework
Establish and maintain a robust underwriting governance framework
Define and implement underwriting authorities and guidelines across the group
Ensure compliance with internal policies and regulatory requirements in collaboration with the risk & compliance officer
2. Underwriting Risk Management.
Develop and maintain our underwriting risk appetite and monitor performance
Monitor and manage risk capacity deployment to ensure optimal use of capital
Conduct regular portfolio analysis to identify and mitigate emerging underwriting risks
3 Strategic Planning
Collaborate with the CUO to develop and implement strategic initiatives
Align underwriting strategies with overall business objectives and growth targets
Provide strategic insights and recommendations to enhance portfolio performance
4 Contract and Wording Assurance
Oversee contract wording and ensure consistency and clarity in policy terms
Collaborate with legal and compliance teams to review and update contract terms
Ensure all contracts align with the company’s risk appetite and underwriting guidelines
5 Team Leadership
Lead, mentor, and develop the underwriting governance and strategy team
Foster a culture of compliance, innovation, and continuous improvement
Provide training and professional development opportunities to team members
Qualifications
Bachelor’s degree in Finance, Law, Business Administration, or a related field
Minimum of 3-7 years of experience in underwriting governance and strategy within the reinsurance or insurance industry
Strong understanding of governance frameworks and risk management principles
Excellent analytical, strategic planning, and decision-making skills
Strong leadership and communication skills
Ability to work effectively in a dynamic and fast-paced environment