Insurance Underwriting Manager Job Vacancy in Dodoma, Tanzania – Insurance

Job Description

Position: Insurance Underwriting Manager

Company: AIA Tanzania

Location: Dodoma, Tanzania

Experience: 5+ years in insurance underwriting

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

Employment Type: Full-time

Industry: Insurance

Department: Underwriting

Salary: SSP 2,500,000 – SSP 3,500,000 per month

Vacancies:1

Company Overview

AIA Tanzania is a leading life insurance provider operating across the East African region. With a strong commitment to financial protection and customer centricity, AIA has built a reputation for innovative products, robust risk management, and community engagement. As part of the global AIA Group, the company leverages international expertise while tailoring solutions to the Tanzanian market. Our mission is to empower individuals and families to achieve financial security, making us a top employer for professionals seeking impactful careers in the insurance sector. Join us and be part of a dynamic team that drives growth, supports Tanzania Jobs, and contributes to the nation’s economic development.

Job Overview

The Insurance Underwriting Manager will lead the underwriting function for life and health insurance products, ensuring sound risk assessment, pricing accuracy, and compliance with regulatory standards. This role is pivotal in shaping underwriting strategies that align with market demands and corporate objectives. Reporting to the Head of Insurance Operations, the manager will collaborate with actuarial, sales, and claims teams to deliver profitable portfolios while maintaining high customer satisfaction. The position offers a unique opportunity to influence product development, mentor a team of underwriters, and enhance AIA Tanzania’s market position. This role is central to our hiring in Tanzania and supports career opportunities for seasoned professionals.

Key Responsibilities

• Develop and implement underwriting guidelines for life and health insurance products.
• Lead a team of underwriters, providing coaching, performance reviews, and professional development.
• Conduct complex risk assessments and determine appropriate pricing structures.
• Collaborate with actuarial analysts to ensure pricing models reflect current risk trends.
• Monitor portfolio performance, identify loss trends, and recommend corrective actions.
• Ensure compliance with Tanzania Insurance Regulatory Authority (TIRA) standards and internal policies.
• Support product development by providing underwriting insights for new offerings.
• Prepare regular reports for senior management on underwriting results and risk exposure.
• Drive continuous improvement initiatives to enhance underwriting efficiency and accuracy.
• Represent AIA Tanzania in industry forums and contribute to thought leadership on underwriting best practices.

Required Skills

• Strong analytical and quantitative abilities with a deep understanding of insurance risk assessment.
• Proven leadership and team management experience.
• Excellent communication skills for interfacing with internal stakeholders and external partners.
• Knowledge of Tanzanian insurance regulations and market dynamics.
• Proficiency in underwriting software and Microsoft Office Suite.
• Strategic thinking with a focus on profitability and customer satisfaction.
• Ability to work under pressure and meet tight deadlines.
• High ethical standards and commitment to compliance.

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.

Experience

At least five years of progressive experience in insurance underwriting, with a track record of managing teams and delivering profitable results. Experience in life or health insurance within the Tanzanian market is highly preferred.

Salary

The compensation package ranges from SSP 2,500,000 to SSP 3,500,000 per month, commensurate with experience and qualifications. The package includes performance-based bonuses and other incentives.

Benefits

• Comprehensive health and life insurance coverage.
• Retirement savings plan with employer contributions.
• Paid annual leave and public holidays.
• Professional development allowance.
• Employee assistance program.
• Flexible working arrangements.

Training

• Onboarding program covering AIA’s underwriting framework and systems.
• Continuous learning opportunities through workshops, webinars, and industry conferences.
• Access to AIA Group’s global training resources and certification support.

Working Environment

AIA Tanzania offers a collaborative and inclusive workplace located in the capital city of Dodoma. Our modern office provides state‑of‑the‑art technology, comfortable workspaces, and a culture that values innovation, diversity, and work‑life balance. Employees are encouraged to share ideas, engage in cross‑functional projects, and contribute to community outreach initiatives.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through our online portal. For more details, visit our career portal at https://tanzaniajobsearch.com/. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.

Equal Opportunity Statement

AIA Tanzania 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. Our recruitment practices ensure fair consideration for all applicants, supporting the broader goal of Employment in Tanzania and fostering Career Opportunities in Tanzania.