Underwriting Manager

NICO General

UNDERWRITING MANAGER

NICO General is the leading short-term insurer in Malawi which strives to ensure the security and peace of mind of its clients. It delivers a reliable and timely claims service that is second to none in the Malawi market. NICO General, an Equal Opportunity Employer, has the following vacancy

KEY RESPONSIBILITIES

  • Develop, implement, and review underwriting policies, guidelines, and risk appetite in line with company objectives.
  • Ensure accurate risk assessment, pricing, and acceptance of general insurance business.
  • Oversee portfolio performance, including profitability, loss ratios, and growth across all classes of business.
  • Manage and mentor underwriting staff to ensure high performance and compliance with best practices.
  • Collaborate with Claims, Reinsurance, Finance, and Business teams to optimise underwriting outcomes.
  • Ensure compliance with regulatory requirements, internal controls, and corporate governance standards.
  • Prepare underwriting reports and provide executive management with insights for decision-making.

QUALIFICATIONS AND EXPERIENCE

  • Bachelor’s Degree in Insurance, Risk Management, Actuarial Science, Business Administration, or a related field.
  • Professional insurance qualification (ACII, FCII, or equivalent) will be an added advantage.
  • Minimum of 7 years’ experience in general insurance underwriting, with at least 3 years in a managerial or supervisory role.
  • Strong knowledge of underwriting principles across major general insurance classes.
  • Proven leadership, analytical, and decision-making skills.
  • Excellent communication, negotiation, and interpersonal skills.
  • High level of integrity and attention to detail.

KEY COMPETENCIES

  • Strategic thinking and commercial acumen
  • Risk assessment and portfolio management
  • People management and coaching
  • Regulatory and compliance awareness

Interested applicants should send their letters with a detailed Curriculum Vitae with three (3) traceable referees to: recruitment@nicogeneral.com not later than 2nd January, 2026.