Insurance Analyst at MTN Nigeria

Job description               
• Assist the Insurance Manager in interpreting and administering MTNN’s insurance policies and advise accordingly.
• Liaise Commercial Legal on the Contract Management Process
• Prepare Policy renewal supporting documents
• Prepare schedules for premium payments.
• Maintain electronic and hard-copy filing structure for all insurance related documents.
• Advise how new exposures are to be treated; whether as new covers or extensions to existing policy and makes recommendation to management
• Responsible for identifying best fit risk management measures that will make MTNN local policy risks acceptable to underwriters
• Implementing the risk management procedure in conjunction with relevant units and following up to ensure compliance
• Managing the claims experience between MTNN units or end users and Insurers and ensuring that claims are kept at acceptable ratios.
• Gathering relevant documentation for insurance claim processing and liaising with external parties on resolution of 3rd party claims
• Providing statistical information to [loss ratio, premium savings sum insured growth] to support recommendations to management.
• Provide and analyze data for MTN Nigeria Insurance Budget; Review Budget Vs Actual and identify causative factor for variance.
• Articulates and participates in claims settlement and negotiation procedures; verification of Insurance offer to confirm its Conformity with the agreed contract terms.
• Prepare assessment basis for MTN Group Insurance Program for submission to Group
• Monthly analysis of Amortization Schedule and ensure accuracy of General Ledger

Job condition    
• Normal MTNN working conditions
• May be required to work extended hours

Experience:
Minimum of 4 years work experience comprising:
• Experience in Insurance Operations in an insurance company
• Vast knowledge of the Insurance Industry

Training:
• Best practice in Insurance Administration.
• Nigerian Insurance Laws.
• Soft skills (Negotiation Skills, Creative thinking, Effective Communication skills, etc.)

Minimum qualification
• BSc