• Job Opportunities at Africa Reinsurance Corporation

  • Posted on: 20 June, 2016 Deadline: 30 June, 2016
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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 is the leading reinsurance company in Africa and the
    Middle East, with continental network of regional and local offices in Lagos (Nigeria), Casablanca (Morocco), Nairobi (Kenya), Abidjan (Côte d’Ivoire), Ébène (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). The Corporation shareholding is split between African (75%) and Non-African (25%) investors. African shareholding comprises 41 African states, the AfDB and more than 100 African insurance/reinsurance companies from the 41 member countries.

    Enterprise Risks Management Officer

     

    Africa-Re announces the vacancy for the position of an Enterprise Risk Management Officer (Grade Level SS3) in the Department of Risk Management and Compliance.

    I. RESPONSIBILITIES

    Provide necessary technical and administrative support to the department in ensuring effective performance.

    II. DUTIES/JOB DETAILS

    • Assist in Risk data collection and analysis
    • Support in the risk management processes
    • Support in managing risk management software
    • Assist in risk and capital modelling
    • Support in monitoring risk exposure and compliance
    • Assist in Managing business continuity strategy
    • Generating and preparing risk reports
    • Support in enterprise-wide risk sensitization and communication
    • Support in coordinating rating exercises
    • Any other duty that may be assigned by Management.

    III. MAIN COMPETENCIES REQUIRED FOR THIS POSITION

    • Sound knowledge in data analysis and interpretation of financial statements;
    • Very high numerical and analytical skills
    • Sound knowledge of the financial services industry
    • Very good reporting skills;
    • Excellent communication and presentation skills, as well as proven writing skill
    • Ability to multitask and proven fast-learning ability
    • Very high integrity and good sense of responsibility;
    • Good interpersonal skills with ability to quickly build good and sustainable relationship with stakeholders;
    • Advanced level of proficiency in Microsoft Excel tool and excellent skills in other MS Office applications (Word, Access, PowerPoint).

    IV. QUALIFICATIONS AND PROFESSIONAL EXPERIENCE

    • First University degree in relevant fields plus 4 years post qualification relevant qualitative work-related experience with emphasis in a relevant discipline preferably in Actuary/Insurance/Reinsurance or other numerical disciplines.
    • Relevant work experience Risks Management in a Reinsurance/ Company or Reinsurance Department of an Insurance Company or a financial institution shall be an added advantage.

    V. SALARY AND BENEFITS

    The successful candidate shall have the following benefits:

    • Competitive Basic Salary on the Corporation’s Grade Level SS3
    • 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
    • Transport Allowance
    1. ADDITIONAL REQUIREMENTS:
    • Applicants must be nationals of member States of Africa Re;
    • Candidates must not be more than 30 years old.
    • Should be fluent in English Language. However, a basic knowledge of French language will be an added advantage ;
    1. JOB LOCATION

    The successful candidates shall be based in Lagos (Nigeria).

    go to method of application »

    Assistant Manager, Statistics, Research and Business Development

     

    I. 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.

    II. 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.

    III. MAIN COMPETENCIES REQUIRED FOR THIS POSITION

    • 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

    IV. 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.

    V. 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 year paid by the employer (if non-NigerianNational) ;

    Duty Post Differential (Cost of Living Allowance), that may increase or decrease depending on the economic situation, paid in local currency.

    VI. JOB LOCATION

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

    Method of Application

    Interested in this position, apply onine on Africa Re website

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