Insurance Underwriting Analyst Job Vacancy in Bambous, Mauritius – Insurance & Risk Management

Job Description

Position: Insurance Underwriting Analyst

Company: AXA Mauritius

Location: Bambous, Mauritius

Experience: 3-5 years in insurance underwriting or risk assessment

Education: Bachelor’s degree in Finance, Business, Economics or related field

Employment Type: Full-time

Industry: Insurance & Risk Management

Department: Underwriting

Salary: 600,000 – 900,000 SSP per annum

Vacancies:1

Company Overview

AXA Mauritius is a leading global insurer with a strong presence in the Indian Ocean region. As part of the AXA Group, the company offers a comprehensive portfolio of life, health, and property‑casualty insurance solutions to individuals and businesses across Mauritius. With a commitment to innovation, customer centricity, and sustainable growth, AXA Mauritius has consistently been recognized as an employer of choice, providing career pathways that empower professionals to thrive in a dynamic, inclusive environment. The company’s strategic focus on digital transformation, data‑driven decision making, and responsible underwriting aligns with the broader goals of economic development and financial resilience in Mauritius.

AXA’s reputation for excellence, combined with its robust risk management framework, makes it an ideal platform for aspiring underwriting professionals seeking to deepen their expertise while contributing to the nation’s financial stability. The organization actively supports community initiatives, promotes financial literacy, and adheres to the highest standards of corporate governance, reinforcing its role as a trusted partner in the Mauritian insurance market.

Job Overview

The Insurance Underwriting Analyst will play a pivotal role in evaluating risk, pricing policies, and supporting the underwriting team in delivering tailored insurance solutions to corporate and individual clients. Reporting to the Senior Underwriting Manager, the analyst will leverage advanced analytics, market research, and regulatory knowledge to assess applications, recommend terms, and ensure compliance with AXA’s underwriting guidelines. This position offers a unique opportunity to work within a collaborative, technology‑enabled environment, contributing to the growth of AXA’s portfolio while enhancing your professional skill set.

For more information about career opportunities in Mauritius, visit our main portal at https://mauritiusjobsearch.com.

Key Responsibilities

• Analyze insurance applications, financial statements, and risk data to determine appropriate coverage and pricing.
• Prepare detailed underwriting reports, including risk assessments, policy recommendations, and profit margin analysis.
• Collaborate with brokers, agents, and internal stakeholders to gather necessary documentation and clarify underwriting queries.
• Maintain compliance with local regulatory requirements, AXA underwriting standards, and anti‑money‑laundering policies.
• Utilize underwriting software and data analytics tools to improve decision‑making efficiency and accuracy.
• Monitor portfolio performance, identify emerging risk trends, and propose adjustments to underwriting guidelines.
• Support the development of new insurance products by providing market insights and risk modeling.

Required Skills

• Strong analytical and quantitative abilities with proficiency in Excel, SQL, or similar data tools.
• Excellent written and verbal communication skills for clear documentation and stakeholder interaction.
• Attention to detail and ability to work under tight deadlines while maintaining high accuracy.
• Knowledge of Mauritian insurance regulations, Solvency II principles, and industry best practices.
• Team‑oriented mindset with the capacity to collaborate across departments.
• Problem‑solving orientation and proactive approach to risk identification.

Education

A bachelor’s degree in Finance, Business Administration, Economics, Actuarial Science, or a related discipline is required. Professional certifications such as Chartered Insurance Institute (CII) qualifications or equivalent are advantageous but not mandatory.

Experience

Applicants should have 3 to 5 years of experience in insurance underwriting, risk analysis, or related financial services roles. Experience within property‑casualty or commercial lines underwriting is highly valued.

Salary

The compensation package ranges from 600,000 to 900,000 SSP per year, commensurate with experience and qualifications. Performance‑based bonuses and incentives are also part of the total rewards structure.

Benefits

• Comprehensive health and dental coverage.
• Retirement savings plan with company matching contributions.
• Generous paid leave, including annual, sick, and parental leave.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

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Training

• Onboarding program covering AXA’s underwriting policies, systems, and compliance framework.
• Continuous learning modules on advanced risk modeling, data analytics, and emerging insurance trends.
• Mentorship pairing with senior underwriters for hands‑on guidance.

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Working Environment

AXA Mauritius offers a modern office environment in Bambous equipped with collaborative workspaces, state‑of‑the‑art technology, and flexible work arrangements. The culture emphasizes diversity, inclusion, and continuous improvement, fostering a supportive atmosphere where ideas are valued and career growth is encouraged.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their relevant experience through the AXA careers portal. Applications will be screened by the talent acquisition team, followed by a preliminary interview, technical assessment, and final interview with the underwriting leadership.

Equal Opportunity Statement

AXA Mauritius is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive workplace where all employees are respected, valued, and given the chance to succeed regardless of gender, ethnicity, age, disability, or any other protected characteristic.