Stanbic IBTC Bank| Full-time

UNDERWRITING OFFICER AT STANBIC IBTC BANK | BANKING JOBS IN LAGOS

Victoria island, Lagos, Nigeria | Posted on 18/08/2025

About Company:

Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

Job Description:

  • To assess and underwrite corporate clients’ risks in line with the approved policies and standards for the company underwriting profitability.
  • To monitor key performance indicators on various products to ensure optimal performance.
  • Drive system changes to ensure they are tested and implemented within deadlines with support from Underwriters, Product Managers, Project managers and IT.
  • To deliver on underwriting changes that improves on efficiency using technology and new underwriting practices

Requirements:

Behavioural Competencies:

  • Challenging Ideas.
  • Developing Expertise.
  • Providing Insights.
  • Team Working.
  • Thinking Positively.
  • Embracing Change.
  • Examining Information.
  • Producing Output.

Technical Competencies:

  • Analysing Insurable Risk.
  • Risk/ Reward Thinking.
  • Underwriting and Pricing Risk.
  • Insurance Principles.
  • Insurance Products & Services.

Qualifications and Skills:

  • First Degree in any related discipline.
  • 2 - 3 years post-NYSC experience.
  • Experience of the Nigerian insurance market as well as the regulatory framework. 
  • Experience in general financial or accounting or risk management knowledge is an added advantage.

Salary

Very attractive

Application Closing Date: Not specified

Application Instructions:

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Job Information

Deadline

Not specified

Job Type

Full-time

Industry

Banking

Work Level

Experienced

City

Victoria Island

State

Lagos

Country

Nigeria

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