Life Underwriter Job at Fortis Global Insurance Plc

Fortis Global Insurance Plc. ’FGI’ is a dynamic and innovative force poised to redefine the insurance landscape in Nigeria. We are driven by a singular vision: to deliver unparalleled value and a seamless experience to every customer.

At FGI, we believe the future of insurance is intelligent, intuitive, and deeply personal. We are built from the ground up as a technology-driven enterprise, leveraging cutting-edge solutions to simplify complex processes, enhance accessibility, and provide swift, reliable service. Our digital-first approach ensures that managing the insurance needs of our clients is effortless, secure, and always at their fingertips.

We are recruiting to fill the position below:

Job Position: Life Underwriter
Job Location: Lagos
Employment Type: Full-time
Department: Underwriting
Reports to: Head of Underwriting

Job Summary

• The Life Underwriter is responsible for evaluating life insurance applications and determining the risk eligibility of applicants in line with company policies and regulatory requirements.
• This role involves analyzing medical report, financial, occupational, and lifestyle information to assess mortality risk and ensure sound underwriting decisions that align with the company’s risk appetite and profitability goals.

Key Responsibilities

• Review and assess life insurance applications for completeness and accuracy.
• Evaluate risk based on medical history, financial background, lifestyle, and occupation using underwriting guidelines and automated systems.
• Interpret medical reports, attending physician statements (APS), lab results, and paramedical exams.
• Maintain up-to-date knowledge of underwriting guidelines, medical advancements, and regulatory changes.
• Ensure compliance with internal policies, industry standards, and legal requirements.
• Assist in training junior underwriters and supporting underwriting audits, if applicable.
• Make accurate decisions regarding approval, rating, postponement, or denial of life insurance applications within assigned authority limits.
• Collaborate with reinsurance partners for facultative underwriting cases.
• Communicate effectively with agents, brokers, and internal stakeholders to clarify underwriting decisions.
• Contribute to continuous improvement in underwriting practices and risk assessment tools.

Qualifications and Experience

• Bachelor’s degree in insurance, business, health sciences, or related field.
• Minimum 3-5 years of experience in life insurance underwriting.
• Certification or working toward a professional designation
• Strong understanding of medical terminology, underwriting guidelines, and mortality risk factors.
• Experience working with automated underwriting systems and reinsurance platforms.
• Excellent analytical, decision-making, and organizational skills.
• Strong verbal and written communication abilities.
• Attention to detail and ability to work independently and under pressure.

Key Competencies:

• Risk Assessment
• Medical & Financial Analysis
• Communication & Interpersonal Skills
• Confidentiality & Professionalism
• Decision-Making
• Regulatory Compliance
• Customer Focus
• Team Collaboration.

Method of Application
Interested and qualified candidates should send a copy of their updated CV to: recruitment@fortisglobalinsurance.com using the Job Position as the subject of the mail.