VACANCY ANNOUNCEMENT: UNDERWRITER
Job Title: Underwriter
Location: Ghana
Company: WAICA Reinsurance Corporation PLC
Number of Vacancies: 1
Introduction of the Corporation
WAICA Re is one of the fastest growing reinsurance companies in Africa. WAICA Re is headquartered in Freetown (Sierra Leone) and operates through three (3) Regional Offices across Africa namely Accra (Ghana), Abidjan (Côte d’Ivoire) and Tunis (Tunisia). It also has four (5) Subsidiary Companies namely, WAICA Re Zimbabwe Limited in Harare (Zimbabwe), WAICA Re Kenya in Nairobi (Kenya), WAICA Re (DIFC) Limited in Dubai (United Arab Emirates) and investments companies namely WAICA Re Capital, Accra (Ghana) and AFIN Bank (United Kingdom).
WAICA Re announces the vacancy of the position of an Underwriter to be based in Ghana.
Job purpose
The Underwriter role is responsible for assisting with underwriting and marketing the non-life reinsurance business by analysing risk, managing client relationships, coordinating the tools and daily administration for servicing assumed and ceded reinsurance treaties and providing operation processes to support efficient service delivery. Working with the Manager, the candidate is also to ensure growth in market share in the region in a profitable manner.
Job duties and responsibilities
- Underwriting
- To analyse risks and make appropriate recommendations.
- Responsible for new and renewal premium in the region on assigned accounts for both treaty and facultative risks.
- Liaising with Manager to identify new production opportunities through research of new and existing markets, products and works.
- To process technical statements and facultative closings.
- Maintaining cash call schedule, ledgers and following up outstanding cash call credits from cedants.
- Following up on outstanding premium for assigned accounts.
- Liaising with the Finance department to ensure that claims processing is done accurately and settled in a timely manner.
- Prepares reports prior to any marketing visit to ensure all clients’ accounts are up to date.
- Handling client queries within his portfolio with a response time within 24 hours.
- To monitor and validate claims to ensure that only the genuine claims are paid.
- Where required, visiting, and engaging existing and potential customers including brokers regarding performance of the portfolio and opportunities.
- Ensure that treaty and facultative contracts are created accurately in the system.
- Assisting in reconciliations as may be required by cedants and brokers.
- Ensure that all the deadlines in the performance of various duties and tasks set by management are met.
- Command of the Reinsurance system including but not limited to keeping records of business offered, declined, and accepted on SICs system, BO, Mfiles and other official systems.
- Run various underwriting/claims reports requested by Manager for analysis.
- Contribute to system testing, ad hoc projects, and research work.
- Ensure policy booking and premium pairing is accurately done.
- Marketing
- Marketing on a scheduled basis, guided by supervisor.
- Make recommendations on marketing strategy for the subsidiary.
- Create and maintain positive relations with clients and key stakeholders such as cedants, brokers, reinsurers,
- Deliver high quality service and respond to enquiries from clients and other stakeholders.
- Identify new markets and submit a market penetration strategy to Manager.
Candidate Profile
Qualifications
- A relevant degree
- CII certification or studying towards CII is an added advantage
Experience
- Minimum of 3 years as an Underwriter.
Competencies
- Negotiation and Persuasion
- Results Focus
- Quality Focus
- Excellent with numbers
- Proficiency in Excel, PowerPoint and Word.
- Underwriting skills
Application Procedure
Interested Candidates for this role should send an application letter and a CV to vacancies@waicare.com
Closing date for application: 30th January,2026