4Stone Capital is an innovative institution that offers lifestyle products and services that suit the financial needs of our multi-segmented clientele base.
Job Summary
- We are seeking a data-savvy Insurance Underwriter to manage and streamline the risk assessment process for our digital insurance products.
- You will sit at the intersection of traditional insurance and modern technology ensuring that our underwriting guidelines are robust yet flexible enough to support rapid customer onboarding.
- Your goal is to balance competitive pricing with sustainable risk for our micro-insurance and credit-linked products.
Key Responsibilities
- Evaluate insurance applications (Life, Health or Asset) using both manual checks and automated scoring tools to determine risk acceptability.
- Oversee the automated issuance of policies via our app/platform ensuring terms and conditions are accurately applied.
- Regularly review the performance of the insured portfolio to identify trends, high-loss ratios or potential fraud.
- Collaborate with the Product and Tech teams to design new micro-insurance products and define the logic for automated underwriting engines.
- Ensure all underwriting activities align with national insurance regulatory standards and internal risk policies.
- Work closely with the claims team to ensure that the underwriting data captured at onboarding simplifies the claims verification process.
Requirements & Qualifications
- Minimum of B.Sc. in Insurance, Actuarial Science, Statistics or related field.
- 3 - 5 years experience in insurance underwriting. Experience in Micro-insurance or Life Insurance within a tech-forward environment is highly preferred.Professional certification is an added advantage.
- Strong proficiency in Excel and data analytics tools.
- Experience working with Underwriting Software or Loan Management Systems.
- Ability to interpret complex data to make quick, informed decisions.