Risk Underwriting Analyst Job Vacancy in Zagazig, Egypt – Insurance

Job Description

Position:Risk Underwriting Analyst

Company:AXA Egypt

Location:Zagazig, Egypt

Experience:3-5 years

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

Employment Type:Full-time

Industry:Insurance

Department:Underwriting

Salary:12,000 – 18,000 SSP per month

Vacancies:1

Company Overview

AXA Egypt is a leading global insurer with a strong presence across the Middle East and North Africa. With a commitment to innovative risk solutions and customer‑centric services, AXA Egypt supports individuals, families, and businesses in protecting their assets and future. The company’s robust portfolio includes life, health, property, and casualty insurance, backed by cutting‑edge technology and a culture of continuous improvement. As part of the AXA Group, the Egyptian branch benefits from worldwide expertise, extensive resources, and a reputation for reliability, making it an attractive employer for professionals seeking dynamic career growth in the insurance sector. AXA Egypt actively contributes to the local economy and community, aligning its operations with sustainable development goals and fostering a diverse, inclusive workplace.

Job Overview

The Risk Underwriting Analyst will play a pivotal role in evaluating insurance applications, assessing risk exposures, and recommending appropriate underwriting decisions. Working within the Underwriting Department, the analyst collaborates with senior underwriters, actuaries, and sales teams to ensure that policies are priced accurately and comply with regulatory standards. This position offers a unique opportunity to influence the profitability and risk profile of AXA Egypt’s portfolio while developing deep expertise in insurance analytics. Candidates will engage with a variety of commercial and personal lines, applying quantitative methods and market insights to support strategic objectives. The role is integral to AXA Egypt’s mission of delivering reliable protection and exceptional service to its customers across Egypt Jobs market.

For more information, visit our career portal.

Key Responsibilities

• Analyze insurance applications and supporting documentation to determine risk levels.
• Perform quantitative risk assessments using statistical models and industry benchmarks.
• Prepare detailed underwriting reports and recommendations for senior underwriters.
• Collaborate with sales and broker teams to clarify policy terms and address client queries.
• Monitor and update underwriting guidelines to reflect market trends and regulatory changes.
• Assist in pricing strategies by providing data‑driven insights on loss ratios and profitability.
• Maintain accurate records in underwriting systems and ensure compliance with internal controls.
• Participate in cross‑functional projects aimed at enhancing underwriting efficiency and digital transformation.

Required Skills

• Strong analytical and numerical abilities with proficiency in Excel and statistical software.
• Excellent written and verbal communication skills in English and Arabic.
• Attention to detail and ability to work under tight deadlines.
• Knowledge of insurance principles, underwriting processes, and regulatory environment.
• Problem‑solving mindset with a proactive approach to risk assessment.
• Team player who can collaborate effectively across departments.
• Familiarity with insurance management systems (e.g., Guidewire, SAP).
• Ability to interpret complex data and present findings clearly.

Education

A bachelor’s degree in Finance, Economics, Business Administration, Actuarial Science, 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 related fields. Experience within the Egyptian insurance market or with multinational insurers is highly valued.

Salary

The position offers a competitive salary range of 12,000 to 18,000 SSP per month, commensurate with experience and qualifications, along with performance‑based bonuses.

Benefits

• Comprehensive health and life insurance coverage.
• Retirement savings plan with company contributions.
• Paid annual leave and public holidays.
• Flexible working hours and remote work options.
• Employee assistance program and wellness initiatives.
• Opportunities for career advancement within AXA Group.

Training

• On‑boarding program covering AXA’s underwriting policies and systems.
• Continuous professional development courses in risk management and analytics.
• Access to industry conferences and seminars.
• Mentorship from senior underwriters and actuarial experts.
• Certification support for relevant professional qualifications.

Working Environment

AXA Egypt provides a modern, collaborative office environment in Zagazig, equipped with state‑of‑the‑art technology and comfortable workspaces. The culture emphasizes innovation, integrity, and respect for diversity, fostering a supportive atmosphere where employees can thrive. Regular team‑building activities and open communication channels ensure that staff feel valued and engaged.

Application Process

Interested candidates should submit their updated CV through the online application portal. After an initial screening, shortlisted applicants will be invited to complete a competency‑based assessment followed by interviews with the Underwriting Manager and HR Business Partner. Successful candidates will receive an offer letter outlining compensation, benefits, and start date.

Equal Opportunity Statement

AXA Egypt 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, age, disability, religion, or any other protected characteristic.