Insurance Underwriting Analyst Job Vacancy in Benguela, Angola – Insurance & Financial Services
Job Description
Position: Insurance Underwriting Analyst
Company: Allianz Angola
Location: Benguela, Angola
Experience: 3-5 years in insurance underwriting or risk assessment
Education: Bachelor’s degree in Finance, Economics, or related field
Employment Type: Full-time
Industry: Insurance & Financial Services
Department: Underwriting
Salary: 2,500,000 – 4,000,000 SSP per month
Vacancies:1
Company Overview
Allianz Angola is a leading provider of comprehensive insurance solutions across the African continent, delivering innovative risk management products to individuals and businesses. With a strong commitment to customer centricity, sustainability, and digital transformation, Allianz Angola supports the economic growth of Angola by protecting assets, enabling investment, and fostering confidence in the market. As part of the global Allianz Group, the company leverages worldwide expertise while tailoring services to the unique needs of the Angolan market, making it an attractive employer for professionals seeking a dynamic and impactful career.
Job Overview
The Insurance Underwriting Analyst will play a pivotal role in evaluating risk, pricing policies, and supporting the underwriting team to ensure profitable and compliant insurance solutions. This position involves detailed analysis of client information, market trends, and regulatory requirements to recommend appropriate coverage options. The analyst will collaborate closely with sales, actuarial, and claims departments to maintain high standards of underwriting excellence and contribute to the growth of Allianz Angola’s portfolio.
Key Responsibilities
- Analyze applications, financial statements, and risk data to determine appropriate insurance coverage and pricing.
- Prepare detailed underwriting reports and recommendations for senior underwriters and management.
- Monitor portfolio performance, identify emerging risks, and suggest adjustments to underwriting guidelines.
- Collaborate with sales teams to develop tailored insurance solutions that meet client needs while maintaining profitability.
- Ensure compliance with local regulatory standards and Allianz Group underwriting policies.
- Maintain accurate records in underwriting systems and contribute to data quality initiatives.
- Participate in market research to stay informed about industry trends, competitor offerings, and economic factors affecting risk assessment.
Required Skills
- Strong analytical and quantitative abilities with proficiency in Excel and underwriting software.
- Excellent written and verbal communication skills in Portuguese and English.
- Attention to detail and ability to work under tight deadlines.
- Solid understanding of insurance principles, risk evaluation, and pricing models.
- Team‑player mindset with collaborative approach across departments.
- Problem‑solving orientation and proactive attitude toward continuous improvement.
Education
A bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as CPCU, ARM, or equivalent are advantageous but not mandatory.
Experience
Applicants should have 3 to 5 years of experience in insurance underwriting, risk analysis, or a related financial services role. Experience within the Angolan market or broader African insurance sector is highly valued.
Salary
The compensation package ranges from 2,500,000 to 4,000,000 Angolan Kwanza (SSP) per month, commensurate with experience and qualifications. Performance‑based bonuses and incentives are also part of the total rewards.
Benefits
- Comprehensive health and dental insurance.
- Retirement savings plan with company matching.
- Paid annual leave and public holidays.
- Professional development allowance.
- Employee assistance program.
- Flexible working arrangements where applicable.
Training
- Onboarding program covering Allianz policies, systems, and compliance.
- Continuous technical training in underwriting best practices and emerging risk trends.
- Access to global Allianz learning platforms and certification support.
Working Environment
Based in the modern Allianz office in Benguela, the role offers a collaborative, inclusive, and technology‑enabled workspace. Employees benefit from a supportive culture that encourages innovation, knowledge sharing, and work‑life balance.
Application Process
Interested candidates should submit their updated CV and a cover letter outlining relevant experience through the Allianz Angola careers portal. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.
Equal Opportunity Statement
Allianz Angola 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. Join us to build a rewarding career while contributing to the growth of Angola’s insurance sector.
