Jobs at Custodian and Allied Insurance Limited

Job Purpose

Assess, monitor, plan and manage the efficient utilization of cash and financial resources in a manner consistent with the objectives of the Company.

Duties & Responsibilities

• Reconcile all Investment Ledgers with the Investment schedule
• Ensure that all investment related inflow and outflow are properly treated in the ledger
• Review and ensure accuracy of fixed assets register
• Raise all necessary journals to book new entrant and recognizing monthly annuity
• Reconcile bank accounts with the cashbook and flag any irregularities or errors discovered
• Maintain a secure, efficient and accurate filing system (electronic and hard copies) to ensure safe storage and easy retrieval of information
•  Assist in preparing all financial reports in accordance with generally accepted accounting standards.
• Prepare and remit all tax-related payments eg PAYE, VAT, WHT
• Prepare monthly depreciation reports and post accordingly in monthly Management Accounts
• Ensure accurate documentation and posting of all disposed assets in the fixed asset disposal account
• Liaise with tax authorities (federal and state)

Required Competencies

Knowledge/ Qualification

• Bachelor’s degree (minimum of 2ndClass Lower)
• 2-3 years relevant experience
• Chartered Accountant (ACA, ACCA)
• Excellent numerical and analytical skills

Skills/Competencies

• Working knowledge of all regulatory requirements and the modus operandi of the regulators.
• Familiarity with extant tax regulations and guidelines
• Proficiency in the use of Microsoft Office applications.
• Proactive, Resourceful and hands-on with good initiative.

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Job purpose

Ensure quality underwriting and survey/inspection of risks, prompt and error-free documentation of policies to achieve superior customer service delivery

Duties & Responsibilities

• Issue policy documents and renewal endorsement to clients / brokers
• Issue and forward renewal notices to clients/brokers
• Carry out pre-loss physical inspection of the subject matter of insurance proposed for insurance cover and conduct on the spot inspections of motor accidents
• Attend to clients enquiries/requests and escalate critical issues to the Unit/ Confederal Head
• Prepare policy documents for new businesses and pass to line manager for review and approval
• Draft letters to clients for review and approval by line manager
• Raise and follow up cheque requisitions for various payments – co insurers, commissions, claims, loss adjusters etc
• Provide input into preparation of various reports weekly, monthly and adhoc reports
• Allocate policy numbers to new businesses
• Assist in computing additional/return premiums due as a result of alterations
• Collate bid documents to be reviewed by the Unit head / team lead
• Assist in collating, sorting and separating about-to-lapse files from those still in force to determine those needing notice
• Market company`s products and services

Knowledge/ Qualification

• First degree (Minimum of Second Class Lower degree)
• Qualified insurer (ACII)
• 3 – 5 years’ experience in underwriting and claims management

Skills/Competencies

• Excellent knowledge NAICOM guidelines and methodologies for achieving compliance
• Demonstrable understanding of the underwriting concepts, practices, and procedures
• Strong analytical and quantitative skills
• Excellent negotiation and interpersonal skills
• Proficiency in the use of Microsoft Office applications
• Proficiency in the use of Microsoft Office applications.