Job Openings at African Reinsurance Corporation

Responsibilities

• The successful candidate shall assist to ensure smooth travel arrangements for Directors, Management, staff and guests of the Corporation in terms of flight bookings, tickets, visas and airport reception/seeing off.

Duties/Job Details
The main duties of the Assistant Protocol Officer shall comprise, amongst others, the following:

• Assist to handle customs clearance of imported goods/vehicles for the Corporation and/or staff as well as for the legal residences of expatriates in the host country.
• Assist in handling multiple re-entry visas and residence permits of Management and staff of the Corporation, as required by the host country.
• Assist to create, ensure and maintain fiduciary corporate relations with the Ministry of Foreign Affairs of the Federal Republic of Nigeria so as to facilitate the handling of consular affairs such as: registration of newly appointed staff, issuance of the Ministry’s Diplomatic and Service ID cards, processing of various CC Forms for the clearance and delivery of diplomatic franchise (goods, vehicles, diplomatic bags, etc.) from airports and/or sea ports, registration of vehicles for CMT and/or CT number plates, issuance and/or renewal of re-entry visas/residence permits, follow-up of any other issues relevant to the Corporation’s status and accreditation with the Ministry of Foreign Affairs or other Host Government’s Establishments, Ministries and Departments.
• Assist to create, ensure and maintain corporate relations with other Diplomatic Missions for the purpose of easily securing travel visas and any other mutual cooperation that may be needed.
• Assist in the Issuance of travel documents (Diplomatic and Service Laissez Passers), ID cards and renewal of same as the need arises.
• Assist in travel arrangements for Management and staff of Africa re including flight reservations, flight reconfirmations, purchase of tickets, applications for visas, reception (on arrival), accommodation for overseas visitors to the Corporation, seeing off (on departure) of same mentioned above.
• Assist in logistic arrangements to ensure hitch-free Board and General Assembly Meetings, MCC Meetings, Pools Meetings, etc.
• Follow-up of hotel deposits, unused coupons of tickets, downgrading of seats for which tickets have been purchased, etc. with a view to collecting due refund at the appropriate time.
• Secretarial and clerical duties such as drafting reports, memos, letters, notes verbales etc.
• Typing, filing, photocopying, handling of correspondences, Travel Order Forms, Expenditure Request Forms, etc.
• Assist to ensure the order and/or renewal of subscription to various magazines as well as their distribution to appropriate departments/divisions.
• Any other duties as may be determined by the supervisor from time to time.

Main Competencies

• Good planning & organizing skills
• Good command of English & French
• Strong networking, negotiating & persuasive skills
• Confidentiality & selflessness
• Field knowledge (geographic & social) of the host city
• Ability to work under pressure.
• Strong interpersonal and communication skills
• Ability to work without close supervision and within established timeframes
• Strong work ethics

Minimum Qualifications and Experience

• A Level or Ordinary National Diploma (OND) or its equivalent plus 2 years relevant work experience.
• Previous experience in a similar role 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 SS 2;
• Education subsidy for each child up to 26 years (maximum 4 children);
• Medical cover for staff and family;
• Housing allowance;
• Transport Allowance;
• Inflation Adjustment, that may increase or decrease depending on the economic situation.
• Variable pay (Annual Performance Bonus);
• Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer);

Additional Requirements
Applicants must also be:

• Fluent in English and working knowledge of French will be an added advantage;
• Not more than 30 years old.

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Department: Finance & Accounts

Responsibilities

• The successful candidate shall assist to manage Africa Re group’s assets with the objective of capital preservation, liquidity and profitability in accordance with the Corporation’s policies on investment, liquidity and Asset and Liability Matching.

Duties/Job Details
The main duties of the Assistant Manager, Treasury & Investments shall comprise, amongst others, the following:

• Review investment proposals, conduct due diligence and prepare investment recommendation reports for consideration by the investment committee and executive management;
• Receive and analyze external fund managers’ transaction and performance reports and ensure their timely processing on a monthly basis;
• Reconcile investment balances and income reported by the external managers with the related cashbook and general ledger;
• Monitor external fund managers’ activities to ensure full compliance with investment guidelines with regards to performance relative to agreed benchmarks, sector allocation, rating quality, position limits and management fees among others and produce quarterly compliance report for management’s attention;
• Manage counterparty exposure limits and report changes in the credit rating of counterparty depository banks of the Corporation;
• Manage the relationship between Head office and the Regional Offices including Subsidiaries as well as any other third party by ensuring timely reporting of monthly portfolio valuation in respect of funds manage on their behalf;
• Monitor closely the performance of the overall investment portfolio and follow up with the relevant parties internally and externally on matters requiring follow-up and updating;
• Place Corporation’s multi-currency funds with approved counter party banks across the globe;
• Review and make recommendations on the most appropriate ways to improve the Corporation’s investment guidelines;
• Maintain data and detailed analysis of appropriate investment schedules for external audits and interactive rating reviews etc.;
• Monitor compliance with the policies (Investments, liquidity and ALM)
• Any other duties as may be determined by the supervisor from time to time.

Main Competencies

• Strong analytical and financial modeling skills;
• Good planning skills and Strong work ethics;
• Strong interpersonal and communication skills;
• Ability to work without close supervision and within established timeframes;
• Good knowledge of finance and credit scoring tools;
• Good knowledge of the reinsurance business;
• High proficiency in financial and business analysis;
• Ability to relate with people from different cultures and across boundaries
• Demonstrated teamwork skills;
• Proven capacity to work well under pressure;
• Strong client service orientation with an openness to feedback and new ideas;
• Good skill in business software tools: Word, Excel, Outlook and Financial applications (Bloomberg, Thomson Reuters)

Minimum Qualifications and Experience

• Bachelor's Degree or equivalent with recognized institution of higher learning with at least 7 years working experience;
• Master's Degree in Banking, Finance or Mathematics with at least 3 years working experience;
• Experience in Corporate Finance, Treasury and Asset Management is required;
• Professional Qualification in Investment Management, Treasury would be an added advantage
• The working experience should be in an organization which operates or transacts in multi-currencies, multi-geographies and multi-assets

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

• Competitive Basic Salary on the Corporation’s Executive Staff Grade Level
• 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
• Home leave to country of origin every year paid by the employer (if non-national) ;
• Duty Post Differential (Cost of Living Allowance), that may increase or decrease depending on the economic situation, paid in local currency.

Additional Requirements
Applicants must also be:

• Fluent in English and working knowledge of French will be an added advantage;
• Nationals of Members state of Africa Re;
• Not more than 36 years old.