African Reinsurance Corporation Vacancies in Nigeria, June 2016

The African Reinsurance Corporation (Africa Re) is a pan-African financial institution with diplomatic status in its current 41 African member countries. Headquartered in Lagos (Nigeria), Africa Re is the leading reinsurance company in Africa and the  Middle East, with continental network of regional and local offices in Lagos (Nigeria), Casablanca (Morocco), Nairobi (Kenya), Abidjan (Côte d’Ivoire), Ébène (Mauritius), Cairo (Egypt) and Addis Ababa (Ethiopia) as well as two subsidiaries: Africa Re (South Africa) Ltd in Johannesburg and Africa Retakaful Ltd in Cairo (Egypt). The Corporation shareholding is split between African (75%) and Non-African (25%) investors. African shareholding comprises 41 African states, the AfDB and more than 100 African insurance/reinsurance companies from the 41 member countries.

JOB TITLE:  Assistant Manager, Statistics, Research and Business Development

I. RESPONSIBILITIES
Reporting directly to the Director of Central Operations and Special Risks, the successful candidate will strengthen market intelligence and provide relevant market information to Production Centres to facilitate marketing activities.

II. DUTIES/JOB DETAILS
The duties shall comprise amongst others

  • Market Intelligence & analysis reporting
  • Client relationship management and support
  • Support in the development of Training Materials and Presentations
  • Assist in the publication of Articles in the Corporate Magazine & Newsletter.
  • Analysis of performance of Competitors & peers
  • Market research, Data Gathering & Circulation

III. MAIN COMPETENCIES REQUIRED FOR THIS POSITION

  • Sound knowledge in data analysis and interpretation of financial statements;
  • Very Good reporting skills;
  • Flexibility, Adaptability, Creativity and Innovation
  • Disciplined, Reliable, with very high Integrity and good sense of responsibility;
  • Good interpersonal skills with ability to quickly build good and sustainable relationship with stakeholders;
  • Excellent skills in MS Office (Word, Access, Excel, PowerPoint, and Outlook) and Data/Statistical Analysis Software (SPSS, SAS, R etc) are required. Knowledge of any other business-related software will be an added advantage
  • Good supervisory and Problem solving skills with Capacity for taking initiatives
  • Excellent Communication and Presentation skills, as well as proven writing skill
  • Organizational skills and Ability to multitask
  • Curiosity and Proven fast-learning ability

IV. QUALIFICATIONS AND PROFESSIONAL EXPERIENCE
Applicants shall be holders of

  • First University degree plus Masters in relevant fields plus 4 years post qualification relevant qualitative work experience with emphasis in a numerate discipline preferably in Insurance, Actuarial Science, Finance, Statistics, Economics or Mathematics

Or

  • First University degree in relevant fields plus full professional qualification, plus 4 years post qualification relevant qualitative work experience with emphasis in a numerate discipline preferably in Insurance, Actuarial Science, Finance, Statistics,Economics or Mathematics

Or

  • First University degree in relevant field plus 7 years post qualification relevant qualitative work experience with emphasis in a numerate discipline preferably in Insurance, Actuarial Science, Finance, Statistics, Economics or Mathematics Relevant Professional qualifications in the above disciplines is an advantage.
  • Cognate knowledge and work experience in Insurance/Reinsurance industry
  • Cognate work experience in financial services is an added advantage
  • Verifiable published works will be an added advantage.
  • Relevant Professional qualifications in the above disciplines is an advantage

Applicants must also be:

  • Fluent in English language
  • Working knowledge of French will be an added advantage.

V. SALARY AND BENEFITS
The successful candidate shall have the following benefits:

  • Competitive Basic Salary on the Corporation’s Grade Level PS1
  • Variable pay (Annual Performance Bonus)
  • Housing Allowance
  • Exemption from taxes and duties (diplomatic status of an international civil servant) – if non-Nigerian National;
  • Home leave to country of origin every year paid by the employer (if non-NigerianNational) ;
  • Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer)
  • Children education subsidy for each child up to 26 years (maximum 4 children)
  • Medical cover for staff and family;

Duty Post Differential (Cost of Living Allowance), that may increase or decrease depending on the economic situation, paid in local currency.

VI. JOB LOCATION
The successful candidate shall be based in Lagos (Nigeria) with the possibility of redeployment to another Production Centre within the Africa Re Group.

Job Title:  Enterprise Risks Management Officer

Africa-Re announces the vacancy for the position of an Enterprise Risk Management Officer (Grade Level SS3) in the Department of Risk Management and Compliance.

I. RESPONSIBILITIES
Provide necessary technical and administrative support to the department in ensuring effective performance.
II. DUTIES/JOB DETAILS

  • Assist in Risk data collection and analysis
  • Support in the risk management processes
  • Assist in Managing business continuity strategy
  • Generating and preparing risk reports
  • Support in enterprise-wide risk sensitization and communication
  • Support in coordinating rating exercises
  • Support in managing risk management software
  • Assist in risk and capital modelling
  • Support in monitoring risk exposure and compliance
  • Any other duty that may be assigned by Management.

III. MAIN COMPETENCIES REQUIRED FOR THIS POSITION

  • Sound knowledge in data analysis and interpretation of financial statements;
  • Very high numerical and analytical skills
  • Very high integrity and good sense of responsibility;
  • Good interpersonal skills with ability to quickly build good and sustainable relationship with stakeholders;
  • Advanced level of proficiency in Microsoft Excel tool and excellent skills in other MS Office applications (Word, Access, PowerPoint).
  • Sound knowledge of the financial services industry
  • Very good reporting skills;
  • Excellent communication and presentation skills, as well as proven writing skill
  • Ability to multitask and proven fast-learning ability

IV. QUALIFICATIONS AND PROFESSIONAL EXPERIENCE

  • First University degree in relevant fields plus 4 years post qualification relevant qualitative work-related experience with emphasis in a relevant discipline preferably in Actuary/Insurance/Reinsurance or other numerical disciplines.
  • Relevant work experience Risks Management in a Reinsurance/ Company or Reinsurance Department of an Insurance Company or a financial institution shall be an added advantage.

V. SALARY AND BENEFITS
The successful candidate shall have the following benefits:

  • Competitive Basic Salary on the Corporation’s Grade Level SS3
  • Variable pay (Annual Performance Bonus)
  • Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer)
  • Children education subsidy for each child up to 26 years (maximum 4 children)
  • Medical cover for staff and family;
  • Housing Allowance
  • Transport Allowance
  1. ADDITIONAL REQUIREMENTS:
  • Applicants must be nationals of member States of Africa Re;
  • Candidates must not be more than 30 years old.
  • Should be fluent in English Language. However, a basic knowledge of French language will be an added advantage ;
  1. JOB LOCATION

The successful candidates shall be based in Lagos (Nigeria).

How to Apply

Interested and qualified candidates should Click Here to Apply

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Reports released in early 2016 reveal more than 1.3 million Nigerians suffered job losses during the second quarter of 2015 alone, bringing the country's total unemployment rate to greater than 6 million individuals. In an effort to combat these statistics, staffing and education advancement advocate Joblanda has launched increased efforts to work with those affected by Nigeria's diminishing employment availability.

Joblanda is focused on delivering employment, career, and educational advancement opportunities to Nigerians who are seeking them. Built on the premise of doing more than just collecting and listing vacancies, we also help ensure each vacancy is well-matched to the job seeker by organizing the listings by required academic qualifications, years of experience, and industries of expertise.

In order to drive individual and collective economic growth, we also disseminate information about scholarships and educational opportunities as well as events and initiatives that can help people advance to a better career. We want to assist people In gaining the tools and information they need to live a better life, and we know that finding a great career is vital to accomplishing that goal.

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