Insurance Underwriting Analyst Job Vacancy in Tanga, Tanzania – Insurance

Job Description

Position:Insurance Underwriting Analyst

Company:Britam Tanzania

Location:Tanga, Tanzania

Experience:2-4 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 1,800,000 – SSP 2,500,000 per month

Vacancies:1

Company Overview

Britam Tanzania is a leading insurance and financial services provider with a strong presence across East Africa. As part of the Britam Group, the company offers a comprehensive portfolio of life, health, motor, and property insurance solutions tailored to individuals and businesses. With a commitment to innovation, customer centricity, and community development, Britam Tanzania has earned a reputation for reliability and excellence. The company’s operations in Tanga support regional growth, contributing to the economic development of the coastal zone while creating valuable career opportunities for Tanzanian professionals. This role aligns with the growing demand for skilled underwriting talent in the Tanzanian insurance market, making it an exciting prospect for candidates seeking to advance their careers in a dynamic, fast‑moving industry. The posting is optimized for Tanzania Jobs, Jobs in Tanzania, and Job Vacancy in Tanzania, reflecting the company’s dedication to attracting top talent.

Job Overview

The Insurance Underwriting Analyst will play a pivotal role in assessing risk, evaluating applications, and supporting the underwriting team to ensure profitable and compliant insurance solutions. Working closely with senior underwriters, actuaries, and sales teams, the analyst will analyze data, prepare reports, and contribute to the development of underwriting guidelines. This position offers a unique opportunity to engage with a diverse client base, leverage advanced analytics, and contribute to the strategic objectives of Britam Tanzania. Candidates will be part of a collaborative environment that values continuous learning and professional growth. For more information about Britam Tanzania and its career opportunities, visit the main website at https://tanzaniajobsearch.com/.

Key Responsibilities

• Analyze insurance applications and assess risk exposure using quantitative and qualitative methods.
• Prepare detailed underwriting reports and recommendations for senior underwriters.
• Collaborate with sales and broker teams to gather necessary documentation and clarify policy terms.
• Maintain and update underwriting databases to ensure data accuracy and compliance.
• Assist in the development and refinement of underwriting guidelines and pricing models.
• Monitor emerging market trends and regulatory changes affecting the insurance sector.
• Support the preparation of quarterly risk analysis and profitability reports.

Required Skills

• Strong analytical and numerical abilities with proficiency in Excel and statistical tools.
• Excellent written and verbal communication skills.
• Attention to detail and ability to work under tight deadlines.
• Knowledge of Tanzanian insurance regulations and market practices.
• Team‑player attitude with a collaborative mindset.
• Problem‑solving orientation and proactive decision‑making.

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 are advantageous but not mandatory.

Experience

Applicants should have 2‑4 years of relevant experience in insurance underwriting, risk assessment, or a related analytical role within the insurance or financial services industry. Experience with commercial lines of business is preferred.

Salary

The compensation package ranges from SSP 1,800,000 to SSP 2,500,000 per month, commensurate with experience and qualifications. The salary is competitive within the Tanzanian insurance sector and reflects the company’s commitment to rewarding high performance.

Benefits

• Health insurance coverage for employee and dependents.
• Retirement savings plan (Pension Fund).
• Performance‑based bonuses.
• Paid annual leave and public holidays.
• Employee assistance program.

Training

• Comprehensive onboarding program covering Britam’s underwriting processes and systems.
• Access to continuous professional development courses and industry certifications.
• Mentorship from senior underwriters and actuarial experts.

Working Environment

Britam Tanzania offers a modern office environment in Tanga with state‑of‑the‑art technology, collaborative workspaces, and a culture that promotes innovation and work‑life balance. The company encourages open communication, diversity, and inclusion, ensuring that every employee feels valued and empowered to contribute.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role through the online application portal on the Britam careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for an initial interview.

Equal Opportunity Statement

Britam 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. All qualified applicants will receive consideration for employment without discrimination.