The Underwriting and Risk Management team at Madison Life Insurance Company Zambia Limited is responsible for evaluating and assessing the risks associated with life insurance applications. This team meticulously analyzes applicants' health, lifestyle, and financial information to determine appropriate coverage and premium rates, ensuring the company maintains a balanced portfolio while adhering to regulatory standards. They play a crucial role in safeguarding the company's financial stability by implementing effective risk management strategies and collaborating closely with other departments to optimize client offerings.