Openings at African Reinsurance Corporation (Africa Re)

DUTIES/JOB DETAILS

Under the direct supervision of the ADUM, the incumbent will carry out the following functions:

• Soliciting and receiving treaty offers from existing and potential clients, assessing such offers when received and determining whether to accept them in line with the Corporation’s underwriting policies/guidelines.
• Preparing renewal and new business quotation proposals to cedants and brokers.
• Maintaining proper records of all business offers and transactions received and concluded
• Attending to client correspondence, social and business functions, and other related activities for overall marketing effectiveness.
• Reviewing facultative offers regularly ahead of renewal and reviewing treaties annually ahead of renewal.
• Ensuring that all the treaties and facultative contracts are processed, and the cover notes/slips/wordings signed and sent out to cedants or brokers.
• Monitoring the profitability of markets serviced and monitoring progress towards the achievement of income targets in the assigned markets
• Paying market visits regularly for new businesses and for the renewal of existing business as well as for obtaining market statistics and other relevant information for the Corporation’s strategic and operational use
• Assist in reviewing and monitoring the proper processing of all technical transactions
• Ensuring all claims reports, cash calls request and other claims supporting documentation are timely processed for a prompt settlement of genuine claims
• Undertake risk survey for complex industrial set-up and ensuring risk surveys and follow up surveys are carried out by other professionals and risk improvement recommendations given to the cedants
• Providing training, advice, and other forms of technical support to both staff and clients on a regular basis
• Assisting, if necessary, Finance & Technical accounts in reviewing the reconciliation of cedants’ and brokers’ accounts
• Chasing outstanding balances due from cedants and brokers while also ensuring timely remittance of amounts due to them
• Attending to other duties as may be assigned by the Corporation or management/ supervisor from time to time

COMPETENCIES AND ADDITIONAL REQUIREMENTS

Professionalism

• Expert knowledge of engineering, risk survey and risk assessment
• Strong competences in reinsurance underwriting and good knowledge of insurance, reinsurance, retrocession
• Keen attention to detail with an ability to retain strategic direction
• Ability to work under pressure, without close supervision and within established timeframes
• Ability to multitask and manage change
• Excellent problem-solving skills (i.e., conceptual, and analytical thinking)
• High level of Integrity and proven sense of responsibility
• Have very strong and proven managerial skills/experience and good supervisory skills
• Proficiency in use of Microsoft Office: Word, Excel, PowerPoint, and knowledge of integrated business-related software’s will be an added advantage

Communication

• Speaks and writes clearly and effectively with excellent reporting abilities
• Good communication and training skills
• Ability to quickly build very good and sustainable relationship with cedants
• Outstanding interpersonal and communication skills; ability to communicate effectively with technical and non-technical audiences
• Fluent in one of the two working languages of the Corporation (French or English). Good knowledge of both languages will be an added advantage.

Teamwork

• Good team player with proven leadership and managerial experience
• Works collaboratively with colleagues to achieve organizational goals; solicits input and is willing to learn from others
• Has the ability to defend and explain difficult issues and positions
• Establishes and maintains effective working relationships in a multicultural, multi-ethnic environment

Academic Qualifications: MINIMUM QUALIFICATIONS AND EXPERIENCE:

• First University degree in relevant field (Engineering) plus master’s plus 5 years post qualification relevant qualitative work experience with emphasis on risk surveys, underwriting/rating engineering risks and Reinsurance underwriting

or

• First University degree in relevant field (Engineering) plus full professional qualification plus 5 years post qualification relevant qualitative work experience with emphasis on risk surveys, underwriting/rating engineering risks and Reinsurance underwriting

or

• First University degree in relevant field (Engineering) plus 9 years post qualification relevant qualitative work experience with emphasis on risk surveys, underwriting/rating engineering risks and Reinsurance underwriting
• Relevant Professional Qualification (ACII or Equivallent) would be an added advantage.
• 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 and/or Engineering and Risk Survey of an insurance company
• Relevant working exposure in a multicultural environment will be an added advantage

Salary & Benefits

The successful candidate shall have the following benefits:

• Competitive Basic Salary on the Corporation’s Professional 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

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DUTIES/JOB DETAILS

Under the supervision of the ADFA/PA, the incumbent will carry out the following functions:

• Supports the smooth running of the front office department, where all aspects of the guest journey and experience are delivered to the highest level.
• Works proactively to improve guest satisfaction and comfort, delivering a positive and timely response to guest enquiries and problem resolution.
• Operating and ensuring that the PABX is in good working condition at all time.
• Receiving, sorting, registering and distributing incoming mails for the assigned office for actions.
• Ensure Security, Occupational safety and Health measures are adhered to at all times at the reception.
• Updating appointment calendars and scheduling meetings/appointments when necessary.
• Provides callers with information such as company address, directions to the company, location and any other related information.
• Maintaining an up to date data/filing system in the office.
• Typing of Minutes.
• Handling telephone calls and appointments as requested by other departments.
• Ensuring security of office records, equipment and documents.
• Making and raising of reimbursement of approved office consumables.
• Builds and maintains effective working relationships with all key stakeholders.
• Supervise cleaners to ensure all areas of the office are cleaned properly.
• Assists in the ordering, receiving, stocking and distribution of office supplies.
• Booking and arranging travel, transport and accommodation.
• Keep updated records of office expenses and costs.
• Undertaking any other office administrative services duties that may be assigned.
• Work collaboratively with Personal Assistant in most meeting arrangements and other tasks from time to time.
• Relief the Secretary/Personal Assistant when on vacation
• Takes ownership to deliver an effective planned guest engagement programme.
• Attending to other duties as may be assigned by the Corporation or management/ supervisor from time to time

MAIN COMPETENCIES REQUIRED FOR THIS POSITION

• Proven work experience as an Office Administrator, Receptionist, Front Office Representative or similar role
• Strong leadership skills with a hands-on approach and lead-by-example work style
• Ability to find creative solutions with proven problem-solving capabilities offering support where required
• Confidentiality, Personal integrity, with the ability to work in an environment that demands excellence, time and energy
• Experience of working with IT systems on various platforms
• Good communication skills (Written and Verbal)
• Hands-on experience with office equipment (e.g. PBX, Scanners, Copiers, fax machines and printers)
• Proficiency in Microsoft Office Suite (Word, Excel, Powerpoint, Outlook, etc
• Professional attitude and appearance
• Ability to be resourceful and proactive when issues arise
• Excellent organizational skills
• Multitasking and time-management skills, with the ability to prioritize tasks
• Customer service attitude
• Hands-on experience with office equipment (e.g. computers, switchboard, and printers)
• Excellent presentation with a professional and friendly appearance and disposition
• Solid written and verbal communication skills
• Ability to maintain a high standard of professionalism to both internal and external customers
• A discrete and ethical approach to issues
• Ability to accurately follow instructions
• Relevant working exposure in a multicultural environment will be an added advantage.

Academic Qualifications

MINIMUM QUALIFICATIONS AND EXPERIENCE:

• Bachelor degree; additional certification in Office Management is a plus.
• 5 years’ relevant work experience in a similar position and organization
• Relevant Professional Qualification will be an added advantage

Salary & Benefits

The successful candidate shall have the following benefits:

• Competitive Basic Salary on the Corporation’s Support 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
• Inflation Adjustment that may increase or decrease depending on the economic situation
• Transport Allowance

Additional Requirements

• Fluent in English and working knowledge of French will be an added advantage

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DUTIES/JOB DETAILS

The main duties of the Principal/Senior Accounting Officers shall comprise, amongst others, the following:

• Provide leadership, guidance, routine supervision and regular checking on the duties of the Financial Accounts Clerks
• Check transactions posted into the cash books.
• Prepare and process monthly payroll, including management of employee loans and benefits.
• Prepare weekly liquidity report of circulation to Regional and Headquarters Management.
• Review and post all disbursement vouchers for all approved payments.
• Prepare and post financial journal vouchers.
• Analysis and reconciliation of general ledger accounts.
• Review, reconcile and clear all outstanding balances on supplier accounts.
• Reconciliation of inter-office current accounts.
• Prepare financial and management reports and other periodic returns to the head office.
• Prepare bank reconciliation statements for all banks.
• Provide relief duty to other staff members in the Finance & Accounts Department on ADFA or Regional Management’s instruction.
• Attend to any other duties as may be assigned by Supervisors and the Corporation’s Management from time to time.

MAIN COMPETENCIES REQUIRED FOR THIS POSITION

• Advanced knowledge of all aspects of General Accounting.
• Comprehensive knowledge of Insurance/Reinsurance environment.
• Detailed oriented and customer service focused.
• Ability to build relationships to ensure smooth business transactions.
• Good Presentation and reporting skills.
• Strong organizational skills with ability to manage, prioritize and effectively meet deadlines.
• Problem solving skills with capacity for taking initiatives.
• Reliable, Flexible, creative, with good reasoning and ability to multitask.
• Good knowledge of Oracle tools.
• Integrity and sense of responsibility.
• Comprehensive knowledge of Insurance/Reinsurance environment.
• Keen attention to detail with an ability to retain strategic direction.
• Ability to work without close supervision and within established timeframes
• Ability to multitask and manage change
• Excellent problem-solving skills (i.e., conceptual and analytical thinking).
• High level of Integrity.
• Proficiency in use of Microsoft Office: Word, Excel, PowerPoint, and knowledge of integrated business-related and accounting softwares will be an added advantage.

Professional Experience

QUALIFICATIONS AND PROFESSIONAL EXPERIENCE

Applicants shall be holders of

• First University Degree in Accounting and/or Finance.
• 10 Years of experience in Financial Accounting or similar role within any reputable organization.
• Relevant work experience in the financial services sector and/or in international finance institutions or at similar level is required.
• Relevant working exposure in a multicultural environment will be an added advantage.
• Relevant Professional qualifications will be added advantage

Additional

• Able to communicate effectively (written and oral) in English Language
• Working knowledge of French Language will be an added advantage.

SALARY AND BENEFITS

The successful candidate shall have the following benefits:

• Competitive Basic Salary on the Corporation’s Support/Local Professional Staff Grade Levels
• 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 dependents;
• Housing Allowance
• Inflation Adjustment Allowance that may increase or decrease depending on the economic situation.