About NICO General

NICO General Insurance Company Limited is Malawi’s leading short-term insurer, committed to providing reliable insurance solutions and exceptional service to its clients.

NICO General invites applications from suitably qualified and results-oriented individuals to fill the position of Insurance Underwriting Officer.

Job Overview

The Insurance Underwriting Officer will support the underwriting function through sound risk assessment, accurate policy administration, and effective portfolio management in line with company policies and regulatory requirements.

The Role

The successful candidate will be responsible for evaluating insurance risks, issuing policies, and supporting underwriting operations to ensure profitable and compliant business growth.

Key Responsibilities

• Assess, evaluate, and underwrite insurance risks in line with company underwriting guidelines and policies
• Prepare and issue insurance quotations, policies, endorsements, and renewals accurately and on time
• Analyse proposal forms, supporting documents, and loss histories to determine acceptable risk levels
• Ensure compliance with regulatory requirements, internal controls, and underwriting standards
• Liaise with brokers, agents, and clients on underwriting matters and risk requirements
• Monitor portfolio performance and recommend corrective underwriting actions where necessary
• Support premium rating, reinsurance arrangements, and risk surveys where applicable
• Maintain proper underwriting records and documentation

Qualifications and Experience

• Bachelor’s Degree in Insurance, Business Administration, Finance, Actuarial Science, or a related field
• Professional insurance qualification (ACII, DipCII, or equivalent) is an added advantage
• Minimum of 2 years’ experience in insurance underwriting or a similar role
• Sound knowledge of insurance products, underwriting principles, and risk assessment
• Strong analytical, decision-making, and communication skills
• High level of integrity, attention to detail, and customer focus
• Proficiency in Microsoft Office applications and underwriting systems

Personal Attributes

• Ability to work independently and meet deadlines
• Strong interpersonal and negotiation skills
• Results-driven with a proactive approach to work

• Assess, evaluate, and underwrite insurance risks in line with company underwriting guidelines and policies
• Prepare and issue insurance quotations, policies, endorsements, and renewals accurately and on time
• Analyse proposal forms, supporting documents, and loss histories to determine acceptable risk levels
• Ensure compliance with regulatory requirements, internal controls, and underwriting standards
• Liaise with brokers, agents, and clients on underwriting matters and risk requirements
• Monitor portfolio performance and recommend corrective underwriting actions where necessary
• Support premium rating, reinsurance arrangements, and risk surveys where applicable
• Maintain proper underwriting records and documentation

• Sound knowledge of insurance products, underwriting principles, and risk assessment
• Strong analytical, decision-making, and communication skills
• High level of integrity, attention to detail, and customer focus
• Proficiency in Microsoft Office applications and underwriting systems
• Ability to work independently and meet deadlines
• Strong interpersonal and negotiation skills
• Results-driven with a proactive approach to work

• Bachelor’s Degree in Insurance, Business Administration, Finance, Actuarial Science, or a related field
• Professional insurance qualification (ACII, DipCII, or equivalent) is an added advantage