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  • Posted: Jul 18, 2016
    Deadline: Not specified
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    For 15 years we have been building and managing telecommunications towers that are the essential backbone of mobile telecommunications in Africa - the leapfrog technology driving economic development, prosperity and self-sufficiency across the continent. Right now, IHS is leading a new telecoms service sector driven by the growth of middle class business an...
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    Insurance Analyst

    Summary

    • The Tax Analyst will assist in the reconciliation of insurance claim receipt register to the general ledger and prepare exception report in respect of claims unsettled for more than 1 week.
    • Also prepare monthly report of all executed DVs.

    Responsibilities

    • Assist in the reconciliation of insurance claim receipt register to the general ledger and prepare exception report in respect of claims unsettled for more than 1 week. Also prepare monthly report of all executed DVs.
    • Maintenance of proper and detailed Claim Register/Reports covering basic information such as description of items, ageing, estimate of loss, value of DV executed, actual loss settlement compared with estimate of loss.
    • Support in proactively managing correspondences register, guidance, records and other documents with the brokers and underwriters as may as well as creating a database tracker for all vital documents.
    • Assist in ensuring that all uncovered risks are promptly covered and prepare periodic report on any uncovered risk for risk mitigation.
    • Assist to provide professional advice in the use of market knowledge to ensure that premium paid by IHS fits in line with competitive market pricing.
    • Assist in managing and maintenance of existing policies and ensure timely renewal of expired policies
    • Continuous review and liaison with insurers/broker with regards to IHS overall risk exposure and optimal coverage
    • Communicating with different insurance companies and keeping track of claim payments and insurance premiums collection
    • Review policies for accuracy and coverage
    • Proactively support in requesting for policy changes as necessary and adequate, and necessary coverage for new locations and exposures
    • Make prompt notice of any loss occurrence
    • Handling of all operations related insurance, tracking claims settlement and for closure of all open issues.
    • Carry out research and industry analysis of claims history, trends, accounting, reporting, coverage, payout, etc., and reviews results and recommendations for a better risk management.
    • Support in providing on-going assistance to all claims management projects, continual improvement or qualityinitiatives involving the improved evaluation and processing of all claims
    • Provide necessary assistance in the completion of interim and annual audits of entities within the business.
    • Any other assignment as may be required by the Manager and the Senior Manager from time to time.

    Competencies

    • Degree or its equivalent qualification in Finance/Business Management field - ICAN/CIIN membership(Candidate with CIIN membership or progress in CIIN examinations would be an added advantage)
    • Minimum of 3-4 years hands -on understanding of Insurance in the telecom industry/general insurance.
    • A strong understanding of insurance legislations and guidelines
    • A thorough and up to date knowledge about insurance laws and regulations
    • A sound knowledge about the policies offered by different companies
    • Claim administration experience.
    • Excellent oral and written communication skills
    • Strong MS Excel and MS Office skills
    • Ability to maintain confidentiality
    • Excellent Management and interpersonal skills
    • Ability to maintain confidentiality
    • Ability to work independently on assigned tasks
    • Great Analytical mind geared towards problem solving

    Method of Application

    Applicants should send their CVs and Cover letter to talent@ihstowers.com indicating in the subject the name and location of the role.

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