WAICA Reinsurance Corporation Plc is a public limited liability company incorporated under the laws of Sierra Leone (Companies Act 2009) on 7th March 2011.
In the years following the creation of West African Insurance Companies Association (WAICA) in 1973, the founding fathers had the desire to e... read morestablish a reinsurance organisation to help mitigate the effects of the lack of reinsurance capacity within the West African insurance industry.
To fulfill this ambition, the founding fathers considered it prudent to start off by creating a reinsurance pool which hopefully will someday metamorphose into a fully fledged reinsurance corporation. Today, the WAICA Reinsurance Pool has turned into WAICA Reinsurance Corporation Plc, a dream come true.
There is no gain in saying that there is lack of reinsurance capacity in the West African sub region, which situation is compelling insurance companies to seek reinsurance protection in other parts of the world where the treaties offered are not exactly competitive and/ or affordable and the service sometimes almost non-existent.
The current WAICA Executive Council in order to give impetus to the development and realization of the idea of establishing a fully fledged reinsurance institution then embarked on revitalizing and implementing the idea of establishing the WAICA Reinsurance Corporation (WAICA Re).
To that end, the Executive Committee reconfirmed and endorsed the age old decision to locate the headquarters of WAICA Reinsurance Corporation (WAICA Re) in Freetown, Sierra Leone and to have major operating centres in Accra, Ghana and Lagos, Nigeria.
Apart from the provision of reinsurance capacity, the establishment of WAICA Re is a good example of regional socio-economic integration.
The Corporation has an authorized share capital of $100 million with $25 million expected to be paid at the end of the on-going equity capital subscription.
Job duties and responsibilities
Assisting the Head Life to maximize profits with prudent underwriting measures through developing sales strategies that matches customer requirements and promotin
Job Purpose
The Investments Manager will be responsible for the overall development of investment strategies, managing investment portfolios, preparing and reporting on the analysis of investmen
Job Purpose
The Actuarial Officer under the guidance of the Group Head Actuary, is responsible for supporting both the life and non-life Departments through provision of specialist support of th
Job Purpose
The Financial Accountant role is responsible for the timely and accurate production of the Corporation's consolidated and separate financial statements, internal & extemal fi
Job Purpose
The Group Head IT role is responsible for overseeing all technology operations and evaluating them according to established goals whilst ensuring that the Group is highly digitalised
Job Purpose
The Head Research and Strategy role is responsible for leading the process of developing, embedding, and monitoring the Group strategy.
The successful candidate will be responsible
Job Purpose
The Head Actuarial Services role is responsible for managing the Actuarial function of the Group supporting both life and non-life Departments.
The work will include providing spec
Job Purpose
Through the guidance of the Group Head IT, the Assistant IT Officer’s role is to manage area-specific technology resources whilst monitoring and maintain the computer systems a
Job Purpose
The Head, Internal Audit Role is responsible for the Group’s strategic risk-based internal audit plan and managing the internal audit function in accordance with the Group&rsqu
Location: Nairobi, Kenya Key Responsibilities
The Chief Risk Officer shall have primarily responsibility for the implementation. monitoring and maintenance of Enterprise Risk Management (ERM) in t
Location: Nairobi, Kenya Job Description
The Officer will report directly to the Chief Executive Officer of the organization.
The Chief Finance Officer will provide overall strategic and operatio
Job Description
The successful candidates will support the Director (Technical) in achieving the strategic and operational leadership of the overall objectives of the Corporations tec
