Grade: AT-II
Location: Karachi
Company: JazzSure Insurance
Drive profitable motor underwriting through sound risk assessment, technical expertise, and strong portfolio management.
At JazzSure Insurance, the Motor Underwriting function plays a critical role in balancing sustainable growth with disciplined risk selection across Conventional and Window Takaful business.
As Senior Associate – Motor Underwriting, you will manage motor underwriting across retail, corporate, bancassurance, leasing, and affinity channels, while providing technical guidance to junior team members and ensuring adherence to underwriting, regulatory, and reinsurance requirements.
Requirements
What you'll own
- Motor Underwriting & Risk Assessment: Evaluate private car, commercial vehicle, motorcycle, and fleet proposals against underwriting guidelines, risk appetite, rating structures, and acceptance criteria.
- Pricing & Portfolio Management: Make underwriting decisions on acceptance, pricing, loadings, deductibles, exclusions, renewals, and portfolio optimization within delegated authority limits.
- Policy Administration & Business Support: Prepare quotations, renewal terms, policies, endorsements, cancellations, and support corporate, fleet, bancassurance, leasing, dealership, and affinity business segments.
- Stakeholder Management & Technical Support: Act as a technical underwriting resource for banks, leasing companies, brokers, dealers, sales teams, and other business partners, ensuring responsive service and accurate underwriting guidance.
- Compliance, Reinsurance & Governance: Ensure adherence to regulatory requirements, underwriting guidelines, treaty arrangements, AML/KYC requirements, and support audit and governance activities.
- Reporting, Process Improvement & Team Support: Prepare MIS and portfolio reports, identify opportunities for automation and process enhancements, and provide guidance to junior underwriting team members.
What success looks like
- Underwriting decisions are commercially sound, technically accurate, and aligned with company risk appetite and profitability objectives.
- Quotations, renewals, endorsements, and policy documents are issued accurately and within agreed service timelines.
- Portfolio performance is actively monitored, with actionable insights provided on retention, profitability, loss ratios, and risk selection.
- Business partners, sales teams, banks, brokers, and dealers receive timely technical support and underwriting guidance.
- Regulatory, compliance, reinsurance, and audit requirements are consistently met with minimal operational risk.
- Process improvements, automation initiatives, and knowledge-sharing efforts enhance underwriting efficiency, accuracy, and team capability.
You may be a strong fit if you
- Hold a Bachelor's degree in Business, Commerce, Finance, or a related discipline; an MBA, Master's degree, or progress toward professional insurance qualifications (ACII, Cert CII, AIIP, PII) will be an advantage.
- Bring 1–3 years of experience in General Insurance, including at least 1 year in Motor Underwriting.
- Have exposure to Window Takaful Motor, bancassurance, leasing portfolios, fleet underwriting, or corporate motor business.
- Possess strong knowledge of motor underwriting principles, policy wordings, rating methodologies, vehicle valuation, depreciation, and underwriting clauses.
- Demonstrate working knowledge of SECP regulations, Takaful Rules, AML/KYC requirements, Motor Third Party regulations, and reinsurance practices.
- Have strong analytical, decision-making, stakeholder management, and communication skills, supported by proficiency in MS Excel and insurance systems; experience with Power BI will be an advantage.
Benefits
Why JazzWorld
JazzWorld is building Pakistan’s next-generation digital services platform.
Here, you will build products and solutions that solve real problems at national scale. The reach of Jazz Telecommunication, combined with shared capabilities across connectivity, transactions and identity, gives builders the power to take an idea from zero to tens of millions.
You will not simply run what already exists. You will create what comes next, turning ambitious ideas into products, products into businesses and businesses into category leaders.
Build. Scale. Learn. Repeat.
As a certified Top Employer, JazzWorld is committed to global workplace standards and an inclusive environment where diverse talent can thrive and perform at their best.
Apply by: 9th November, 2026