Insurance Underwriter Job at 4Stone Capital

4Stone Capital is an innovative institution that offers lifestyle products and services that suit the financial needs of our multi-segmented clientele base.

We are recruiting to fill the position below:

Job Position: Insurance Underwriter

Job Location: Lagos

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 of 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.

Method of Application 
Interested and qualified candidates should send their Cv to: recruitment@4stonecapital.com using the Job Position as the subject of the email.