• Jobs at The African Reinsurance Corporation (Africa Re)

  • Posted on: 6 October, 2015 Deadline: 19 October, 2015
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  • 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 has a continental network of regional and local offices in Lagos (Nigeria), Casablanca (Morocco), Nairobi (Kenya), Abidjan (Côte d’Ivoire), Ebène (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).

    We are recruiting to fill the position of a qualified candidate in his Head Office in Lagos State (Nigeria):

    Assistant Accounts Officer

     

    Job Description

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

    Responsibilities

    • The successful candidate will be responsible for the financial accounting activities of the Insurance Pools and preparation of its relevant financial statement.

    Duties/Job Details
    The duties shall comprise amongst others:

    • Timely processing of receipts for all premiums paid to the Pools by clients.
    • Preparation of monthly bank reconciliation statements for the Pools
    • Cash flow management
    • Processing & accounting for Dividend Payment to Pool Members
    • Updating & rendition of Pools members statement and shareholding
    • Preparation of annual/half year accounts of the Pools
    • Inter office reconciliation for all locations

    Main Competencies:

    • Knowledge of the accounting cycle, financial statement presentation using standards (IFRS, GAAP) disclosure requirements & ethics and professional & accounting ethics
    • Basic knowledge of financial performance evaluation techniques, profit analysis & margins, cost accounting & management techniques and management control & decision making support
    • Communication and Presentation skills
    • Organizational skills and Ability to multitask
    • Problem Solving skills with capacity for taking initiatives and decision;
    • Flexibility, Adaptability and Creativity
    • Good interpersonal skills, Disciplined, Reliable, with very high Integrity and good sense of responsibility;
    • Excellent skills in MS Office (Word, Excel, PowerPoint, and Outlook) is required and intermediate usage of accounting, auditing and financial applications (In House
    • Developed Applications and other third party applications).

    Qualifications and Professional Experience
    Applicants shall be holders of:

    • First University degree or its equivalent in relevant fields plus 4 years post qualification relevant qualitative work-related experience with emphasis in a relevant discipline preferably in Accounting or Finance.
    • 4 Years of experience of which at least 2 years are relevant work experience in Accounting and/or Finance in the Insurance and/or Reinsurance industry.
    • Membership of relevant professional bodies would be an added advantage
    • Additional professional qualifications in Accounting would be an added advantage.
    • Cognate work experience in Financial Services is an added advantage.

    Applicants must also be:

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

    Salary and Benefits
    The successful candidate shall have the following benefits:

    • Competitive Basic Salary on the Corporation’s Grade Level SS2
    • 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

    go to method of application »

    Research Officer

     

    Job Description

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

    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.

    Duties/Job Details

    • The duties shall comprise amongst others
    • Market Intelligence & analysis reporting
    • Analysis of performance of Competitors & peers
    • Market research, Data Gathering & Circulation
    • 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.

    Main Competencies:

    • Sound knowledge in data analysis and interpretation of financial statements;
    • Very Good reporting skills;
    • 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
    • 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

    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.
    • 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.

    Applicants must also be:

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

    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)
    • 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
    • Exemption from taxes and duties (diplomatic status of an international civil servant) - if non-Nigerian National;
    • Home leave to country of origin every two years paid by the employer (if non-Nigerian National) ;
    • Duty Post Differential (Cost of Living Allowance), that may increase or decrease depending on the economic situation, paid in local currency.

    Method of Application

    Interested and suitably qualified candidates should visit Africa Re Career Page

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