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.
Position: Senior Underwriter
Job Details:
This positions 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 PS 3 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 payment
- Visiting Clients
- Progress Reports
- Training (Internal and external)
Location
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 handing).
- Excellent knowledge of insurance classes, reinsurance and retrocession.
- 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
- Ability to train cedants and subordinate
- 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 (speaking and writing).
- A good knowledge of a second Language (French) shall be an added advantage.
- Capacity for planning
- Capacity for taking initiative and decision
Qualifications and professional Experience
This position is a PS 3 grade and applicants shall be holders of:
- First University degree in relevant field plus Master plus 7 years post qualification relevant qualitative work experience
Or
- First University degree in relevant field plus full professional qualification plus 10 years post qualification relevant qualitative work experience
Or
- 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
Method of Application:
Interested candidates are requested to visit the Africa Re website at www.africa-re.com for details and completion of the employment for online. Closing date for applications is 27th September 2013.
