You are on MyJobMag Nigeria. Go to MyJobMag Nigeria instead.

  • Posted on: 29 August, 2013 Deadline: 27 September, 2013
  • View Jobs in Insurance View All Jobs at Africa RE
  • Subscribe to free job alerts
  • If you have not been getting our emails, check your Spam folder folder on Yahoo or Promotions tab on Gmail; mark us as Not Spam and add us to your contact list. Learn how to

    The African Reinsurance Corporation (African Re), a pan-African International Financial Institution with Headquarters in Lagos, announces a vacancy for the position of senior Underwriter in the Lagos Regional Office. Vacancy announcement for the position of Senior Underwriter in the Lagos Regional Office.

    Senior Underwriter


    Job Details

    This position is for a Treaty & Facultative Underwriter who will manage a portfolio of accounts (treaties and facultative) of cedants in West Africa (Anglophone Countries).

    Grade and Duties

    • The post is a PS3 grade with possibilities of advancement in the Organizational chart and the Corporation.
    • Reporting directly to the Regional Director, the successful candidate will manage the business relationship with assigned cedants and brokers in order to achieve profitability, liquidity, business growth and customer satisfaction on a sustainable basis.

    As such the duties of the Underwriter shall comprise amongst others:

     Negotiation and renewal of contracts;
     Portfolio management and business relations;
     Monitoring premium and claims payments;
     Visiting Clients;
     Progress reports;
     Training (internal and external).


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

    Main Competencies required for this position

    - Very strong technical knowledge (underwriting and claims handling);
    - Good knowledge of insurance classes, reinsurance and retrocession;
    - Very Good reporting skills;
    - Good supervisory skills;
    - Ability to quickly build very good and sustainable relationship with cedants;
    - Very good skills in business software: Office package and RMS.

    Competencies - Behavioral

    - Capacity for analyzing and reasoning;
    - Capacity for planning;
    - Ability to train cedants and subordinates;
    - Capacity to take initiatives and decisions;
    - Ability to foster cordial relationship with cedants and colleagues;
    - Should be of high Integrity and have good sense of responsibility;
    - Should be fluent in English (spoken and written). A good knowledge of a second language (French) shall be an added       advantage.

    Qualifications & Professional Experience

    This position is a PS 3 grade and applicants shall be holders of:

     First University degree in relevant field plus Masters plus 7 years post qualification relevant qualitative work experience ;
     First University degree in relevant field plus full professional qualification plus 10 years post qualification relevant qualitative work experience;
     First University degree in relevant field plus 11 years post qualification relevant qualitative work experience;
     A post graduate degree in insurance would be an added advantage, plus relevant work experience in a Reinsurance company or in the department of reinsurance of an insurance company.
     Actuaries, Engineers and FCII with more than 10 years’ experience would have a strong advantage

    Benefits & Salary

     The successful candidate shall have the following benefits:
     Competitive basic salary; (USD70,895 - USD84,804)
     Exemption from taxes and duties (diplomatic status of an international civil servant);
     75% medical cover for staff and family;
     Education allowance for each child up to 26 years (maximum 4 children);
     Duty Post Differential that may increase or decrease depending on the economic situation (presently 20% of basic salary in Lagos, paid in local currency);
     Home leave to country of origin every two years paid by the employer;
     Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer).

    Method of Application

    Interested candidates are requested to visit the link to apply: for completion of the employment online. Closing date for applications is 27 September 2013. 


  • ❮ Back to All Jobs
  • Know more about Africa RESimilar Jobs
  • Search for jobs by keyword
  • Assistant Manager, Business Development at Willis Towers Watson Nigeria Limited
  • Operations Manager at an Insurance Firm - Workforce Group
  • Filter Jobs
  • State | Search by region instead




    Also include jobs without defined experience

    Job Title

Display your company or industry jobs on your website or blog Get Started
  « 1 Recently Viewed Job
Send your application through

Yahoomail Gmail Hotmail