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  • Posted: Nov 22, 2019
    Deadline: Dec 6, 2019
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    Old Mutual Nigeria consists of a Life Assurance and Short-Term Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.
    Read more about this company

     

    Risk Specialist

    REF: 1432/NIGE/EU/Risk Specialist/Nigeria/221119
    Location: Nigeria
    Contract: Permanent
    Available: ASAP
    Category: Insurance

    Introduction

    • This role is individually accountable for assisting the BU in establishing and embedding a culture of compliance as well as ensuring that risk processes are implemented at BU level
    • The individually is accountable for achieving results through own efforts over periods of up to 3 months.

    Description

    • Challenges risk management information received from reporting entities.
    • Assist with implementation of business risk strategy and policy
    • Ensures risk processes (risk assessment, identification, management, reporting and optimisation) are occuring at BU level.
    • Provides knowledge of systems/supporting guidance, procedures and assists the business in implementation of risk issues.
    • Provides oversight for risk management activities ensuring Group Risk Policy statements are met.
    • Ensures monthly risk control logs are updated and follows up with various Line Managers.
    • Provides assistance to business unit management where required to embed risk management & provide challenge where deemed appropriate.
    • Ensures that risk processes (risk assessment, identification, management, reporting & optimisation) are implemented.
    • Performs process risk assessments to provide assurance on the controls in operating procuderes and processes
    • Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem.
    • Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate risk events

    Key Result Areas
    Personal Effectiveness:

    • Accountable for service delivery through own efforts.
    • Individually accountable for managing own time, tasks and output quality for periods of up to 3 months.
    • Makes increased contributions by broadening individual skills.
    • Collaborates effectively with others to achieve personal goals.
    • Accepts and lives the company values.

    Risk Management:

    • Challenges risk management information received from reporting entities
    • Ensures risk processes (risk assessment, identification, management, reporting and optimisation are occuring at BU level.
    • Provides knowledge of systems/supporting guidance, procedures and assists the business in implementation of risk issues.
    • Provides oversight for risk management activities, ensuring Group Risk Policy statements are met.
    • Provides support in carrying out risk related responsibilities.

    Compliance:

    • Assess complaince  by the BU with applicable with Risk policy and facilitate means of the implementation of remediation of identified gaps
    • Reports risk event and compliance breaches on a monthly/quarterly basis.
    • Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate non compliance with risk policy suite

    Reporting:

    • Ensures monthly risk control logs are updated and follows up with various Line Managers.
    • Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem.

    Minimum Requirements

    • Bachelor's Degree with 3 - 4 years relevant experience in risk management / internal controls / actuarial science. Insurance experience would be an advantage

    go to method of application ยป

    Senior Actuarial Supervisor

    • Job Type
    • Qualification BA/BSc/HND
    • Experience 6 years
    • Location Not specified
    • Job Field Insurance 

    REF: 1431/NIGE/EU/Senior Actuarial Supervisor/Nigeria/221119
    Location: Nigeria
    Contract: Permanent
    Available: ASAP
    Category: Insurance

    Introduction

    • Manages mainly medium sized projects/tasks plus one large project/task through the efforts of others over periods of 3 months to 1 year

    Description

    • Owns and drives mainly medium sized projects/tasks plus one large project/task
    • Redesigns processes
    • Applies actuarial judgement on more ambiguous or bigger issues
    • Responsible for the allocation and prioritising of work in the sub group
    • Coach/mentor on technical and interpersonal skills
    • Consulting
    • Information Analysis
    • Actuarial Service Delivery
    • Team Effectiveness.

    Key Result Areas
    Consulting:

    • Provides general actuarial consulting services to project teams and other internal and external clients

    Information Analysis:

    • Analyses data in area of expertise and draws conclusions from the analysis.
    • Translates actuarial data analysis and draws conclusions from output.

    Actuarial Service Delivery:

    • Provides actuarial services to special project teams or ad hoc investigations
    • Reviews/performs technical actuarial work/calculations

    Team Effectiveness:

    • Individually accountable for delivery  through efforts of others, for periods of up to 1 year.
    • Accountable for others' time, task and output quality.
    • Balances own priorities with directing and motivating others.
    • Assists with the development and training of Actuarial support staff and Junior Actuaries.
    • Plans and assigns work over the applicable period.
    • Guides and directs staff to achieve operational excellence standards.
    • Creates a climate for optimal performance.
    • Manages performance.
    • Selects potential staff to sustain customer/client service delivery.

    Minimum Requirements

    • Qualified Actuary with minimum of 6 years actuarial exp or Actuarial student with min 14 actuarial credits and min. 6 yrs actuarial experience.

    Method of Application

    Use the link(s) below to apply on company website.

     

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