Head, Investment at Coronation Insurance Plc

Principal Duties and Responsibilities

• Negotiate attractive rates for placements in fixed and call deposits.
• Negotiate attractive rates for Treasury bills and bonds.
• Preparation of various ad hoc investment reports such as IMC, MPR, BIC reports, etc.
• Prepare and compare the unit’s monthly, quarterly and yearly budget versus actual performance.
• Manage various investment accounts with Banks and other Financial Institutions.
• Act as a Liaison officer with both Internal and external auditors as well as rating agencies.
• Monthly reconciliation of Investment GLs and Investment portfolios.
• Respond to inquiries from regulatory agencies or auditors.
• Recommend modifications to investment policies.
• Recommend and raise adjustments and journal entries for various investment related transactions.
• Conduct market research and analysis of global and local macroeconomic trends, financial markets, in order to understand current trends, and forecast future performance.
• Prepare investment strategies and action plans, and implement investment mandates.
• Prepare portfolio performance benchmarks and targets based on appropriate market information on an annual basis, or any other required frequency.
• Monitor the investment cycle for all alternative asset classes.
• Oversee the company’s interactions with the investing community.
• Monitor long-term shareholder value, and achievement of optimum share price that reflect the fundamental value of the company.

Minimum Qualifications

• Bachelor’s Degree in Finance or any related field discipline.
• Minimum of 8-10 years’ experience in the financial service industry or insurance industry.
• Professional qualification/certification is an advantage (E.g ACA, ACCA ,ACS, CFA ).
• Master’s degree is an added advantage.

Competency and Skill Requirements:

• Knowledge and understanding of insurance operations (international & domestic).
• Good policy development and management capabilities.
• Financial Acumen.
• Finance and Accounting.
•  Management/Cost Accounting.
• Knowledge of the Micro and Macro economic factors.
• Ability to trade financial instruments.
• Strategic and creative thinker.
• Self-motivated and proactive.
• Strong innovation and problem-solving skills.
• Demonstrate strong leadership and collaboration skills.
• Excellent stakeholder management skill.
• Strong Presentation and public speaking skills.
• Excellent time management skills.
• Articulate, dynamic, energetic and delivery focused.
• Flexible, adaptable and able to work under pressure.