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

Job Description

Position: Senior Insurance Underwriting Analyst

Company: AXA Insurance Mauritius

Location: Pamplemousses, Mauritius

Experience: 5-7 years

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

Employment Type: Full-time

Industry: Insurance & Risk Management

Department: Underwriting

Salary: SSP 800,000 – SSP 1,200,000 per annum

Vacancies:1

Company Overview

AXA Insurance Mauritius is a leading provider of comprehensive insurance solutions across the island, offering life, health, property and casualty products to individuals and businesses. With a strong commitment to innovation, customer centricity and sustainable growth, AXA has built a reputation for reliability and excellence in the Mauritian market. As part of the global AXA Group, the company leverages international expertise while adapting to local needs, creating a dynamic environment for professionals seeking career advancement. This role contributes to the company’s mission of delivering superior risk protection and supports the broader goal of fostering economic stability in Mauritius.

Job Overview

The Senior Insurance Underwriting Analyst will play a pivotal role in evaluating complex insurance proposals, assessing risk profiles, and recommending appropriate pricing structures. Reporting to the Underwriting Manager, the analyst will collaborate with sales, actuarial, and claims teams to ensure profitable underwriting decisions while maintaining compliance with regulatory standards. This position offers a unique opportunity to influence product development, enhance underwriting guidelines, and drive business growth within the vibrant insurance sector of Mauritius. For more information about AXA’s career opportunities, visit https://mauritiusjobsearch.com/.

Key Responsibilities

• Analyze and underwrite high‑value corporate and commercial insurance applications, ensuring accurate risk assessment.
• Develop and refine underwriting guidelines, pricing models, and risk selection criteria in line with market trends.
• Collaborate with actuarial teams to incorporate statistical data and loss experience into underwriting decisions.
• Prepare detailed underwriting reports and present recommendations to senior management and the underwriting committee.
• Monitor portfolio performance, identify emerging risks, and propose mitigation strategies.
• Ensure compliance with the Financial Services Commission (FSC) regulations and internal audit standards.
• Mentor junior underwriters, providing training on best practices and analytical techniques.
• Support product development initiatives by providing market insights and risk evaluation.

Required Skills

• Strong analytical and quantitative abilities with proficiency in Excel, VBA, and underwriting software.
• In‑depth knowledge of insurance principles, policy wording, and risk assessment methodologies.
• Excellent communication skills for interfacing with clients, brokers, and internal stakeholders.
• Ability to work independently and make sound decisions under pressure.
• Attention to detail and a proactive approach to problem solving.
• Familiarity with Mauritian insurance regulations and international best practices.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Actuarial Science, Business Administration or a related discipline is required. Professional certifications such as Chartered Insurance Institute (CII) qualifications or actuarial credentials are highly desirable.

Experience

Applicants should possess 5 to 7 years of progressive underwriting experience, preferably within the commercial or corporate insurance segment. Experience in the Mauritian market or similar emerging economies is an advantage.

Salary

The compensation package ranges from SSP 800,000 to SSP 1,200,000 per year, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and a retirement savings plan.

Benefits

• Comprehensive health and dental coverage.
• Annual performance bonus.
• Professional development allowance.
• Flexible working hours and remote work options.
• Paid annual leave and statutory holidays.
• Employee assistance program.

Training

• On‑boarding program covering AXA’s underwriting platform and corporate policies.
• Continuous learning opportunities through AXA Academy and external certifications.
• Mentorship from senior underwriters and actuarial experts.
• Regular workshops on regulatory updates and emerging risk trends.

Working Environment

AXA Insurance Mauritius offers a collaborative, inclusive and technology‑driven workplace located in a modern office in Pamplemousses. Employees benefit from open‑plan workspaces, state‑of‑the‑art meeting rooms, and access to digital tools that streamline underwriting processes. The company promotes a culture of respect, diversity and work‑life balance, encouraging staff to contribute ideas and drive innovation.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining relevant experience through the online portal on our website. Applications will be reviewed by the recruitment team, and shortlisted candidates will be invited for a virtual interview followed by an on‑site assessment. The hiring process aims to be transparent, efficient and respectful of candidates’ time.

Equal Opportunity Statement

AXA Insurance Mauritius is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, age, disability, ethnicity, religion, sexual orientation or any other protected characteristic. Our recruitment practices reflect our dedication to fairness and meritocracy.