Insurance Underwriter Job Vacancy in Oran, Algeria – Insurance & Risk Management

Job Description

Position:Insurance Underwriter

Company:AXA Algeria

Location:Oran, Algeria

Experience:5+ years in insurance underwriting

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

Employment Type:Full-time

Industry:Insurance & Risk Management

Department:Underwriting

Salary:150,000 – 250,000 SSP per month

Vacancies:1

Company Overview

AXA Algeria is a leading global insurer with a strong presence across North Africa, delivering innovative risk solutions to individuals and businesses. With a commitment to customer centricity, digital transformation, and sustainable practices, AXA Algeria has built a reputation for reliability, financial strength, and community engagement. The Oran office serves as a strategic hub for the western region, supporting a diverse portfolio that includes property, casualty, health, and specialty lines. As part of AXA Group, the company leverages worldwide expertise while adapting solutions to the unique regulatory and market dynamics of Algeria. This environment offers professionals a platform to grow, contribute to high‑impact projects, and be part of a culture that values integrity, collaboration, and continuous improvement. The role contributes directly to AXA’s mission of empowering customers to live better lives, making it an attractive destination for ambitious talent seeking a rewarding career in insurance.

Job Overview

The Insurance Underwriter will evaluate, price, and approve insurance contracts for commercial and corporate clients, ensuring that risk exposure aligns with AXA’s underwriting guidelines and profitability targets. This position requires a deep understanding of the Algerian insurance market, regulatory framework, and emerging risk trends. The successful candidate will work closely with brokers, sales teams, actuaries, and claims professionals to develop tailored solutions that meet client needs while protecting the company’s financial interests. The role also involves continuous monitoring of portfolio performance, recommending adjustments, and contributing to the development of underwriting policies. This is a full‑time, on‑site position based in Oran, offering a competitive salary and a comprehensive benefits package. For more information about AXA Algeria, visit the main website.

https://algeriajobsearch.com

Key Responsibilities

• Assess and underwrite new business proposals across property, casualty, and specialty lines, applying rigorous risk analysis and pricing models.
• Collaborate with brokers and sales agents to gather accurate information, clarify coverage requirements, and negotiate terms.
• Maintain compliance with Algerian insurance regulations, AXA underwriting guidelines, and internal audit standards.
• Monitor existing policies for changes in risk exposure, recommend endorsements, renewals, or cancellations as appropriate.
• Prepare detailed underwriting reports, risk summaries, and profitability analyses for senior management review.
• Participate in the development and refinement of underwriting policies, rating tools, and risk appetite frameworks.
• Provide mentorship and training to junior underwriters and support staff, fostering a culture of knowledge sharing.
• Contribute to market research initiatives, identifying emerging risks and opportunities within the Algerian market.

Required Skills

• Strong analytical abilities with proficiency in actuarial concepts, loss ratios, and financial modeling.
• Excellent communication and negotiation skills to interact effectively with brokers, clients, and internal stakeholders.
• In‑depth knowledge of Algerian insurance laws, regulatory requirements, and market practices.
• Proficiency in underwriting software platforms and Microsoft Office Suite, especially Excel.
• Attention to detail, high ethical standards, and ability to make independent decisions under pressure.
• Team‑oriented mindset with the capacity to collaborate across departments and contribute to cross‑functional projects.

Education

A Bachelor’s degree in Finance, Economics, Business Administration, Risk Management, or a related discipline is required. Professional certifications such as Chartered Insurance Professional (CIP) or equivalent are advantageous but not mandatory.

Experience

Minimum of five (5) years of proven underwriting experience in the Algerian market, preferably within property, casualty, or specialty lines. Experience with large corporate accounts and exposure to complex risk structures will be highly valued.

Salary

The compensation package ranges from 150,000 to 250,000 SSP per month, commensurate with experience, qualifications, and performance. The package includes performance‑based bonuses, health insurance, pension contributions, and other statutory benefits.

Benefits

• Comprehensive health and dental coverage for employee and dependents.
• Retirement savings plan with company matching contributions.
• Annual performance bonus linked to individual and company results.
• Paid annual leave, public holidays, and sick leave in accordance with Algerian labor law.
• Professional development allowance for certifications, conferences, and training.
• Employee assistance program and wellness initiatives.

Training

• Onboarding program covering AXA’s underwriting philosophy, systems, and compliance standards.
• Continuous learning modules on emerging risks, digital underwriting tools, and regulatory updates.
• Mentorship pairing with senior underwriters to accelerate skill development.
• Access to AXA Group’s global learning platform for advanced courses and certifications.

Working Environment

The Oran office offers a modern, collaborative workspace equipped with state‑of‑the‑art technology, meeting rooms, and quiet zones for focused analysis. AXA promotes a flexible work culture that balances on‑site presence with occasional remote work, fostering work‑life harmony. The team is diverse, multilingual, and driven by a shared commitment to excellence and customer satisfaction. Employees benefit from regular team‑building activities, knowledge‑sharing sessions, and a supportive leadership style that encourages innovation.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining relevant experience through the online portal on our partner site. Applications will be reviewed by the talent acquisition team, and shortlisted candidates will be invited for a preliminary interview, followed by a technical assessment and final interview with senior underwriting leadership. The recruitment timeline typically spans four to six weeks.

https://www.somaliajobsearch.com/

Equal Opportunity Statement

AXA Algeria is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, age, disability, or sexual orientation. All qualified applicants will receive consideration for employment without discrimination.