The African Reinsurance Corporation (Africa Re) is a pan-African financial institution with diplomatic status in its current 41 African member countries. Headquartered in Lagos (Nigeria), Africa Re is the leading reinsurance company in Africa and the 
Middle East, with continental network of regional and local offices in Lagos (Nigeria), Casablanca (Morocco), Nairobi (Kenya), Abidjan (Côte d’Ivoire), Ébène (Mauritius), Cairo (Egypt) and Addis Ababa (Ethiopia) as well as two subsidiaries: Africa Re (South Africa) Ltd in Johannesburg and Africa Retakaful Ltd in Cairo (Egypt). The Corporation shareholding is split between African (75%) and Non-African (25%) investors. African shareholding comprises 41 African states, the AfDB and more than 100 African insurance/reinsurance companies from the 41 member countries.

POSITION : Enterprise Risks Management Officer 

Africa-Re announces the vacancy for the position of an Enterprise Risk Management Officer (Grade Level SS3) in the Department of Risk Management and Compliance.

I. RESPONSIBILITIES

Provide necessary technical and administrative support to the department in ensuring effective performance.

II. DUTIES/JOB DETAILS

Assist in Risk data collection and analysis
Support in the risk management processes
Support in managing risk management software
Assist in risk and capital modelling
Support in monitoring risk exposure and compliance
Assist in Managing business continuity strategy
Generating and preparing risk reports
Support in enterprise-wide risk sensitization and communication
Support in coordinating rating exercises
Any other duty that may be assigned by Management.

III. MAIN COMPETENCIES REQUIRED FOR THIS POSITION

Sound knowledge in data analysis and interpretation of financial statements;
Very high numerical and analytical skills
Sound knowledge of the financial services industry
Very good reporting skills;
Excellent communication and presentation skills, as well as proven writing skill
Ability to multitask and proven fast-learning ability
Very high integrity and good sense of responsibility;
Good interpersonal skills with ability to quickly build good and sustainable relationship with stakeholders;
Advanced level of proficiency in Microsoft Excel tool and excellent skills in other MS Office applications (Word, Access, PowerPoint).

IV. QUALIFICATIONS AND PROFESSIONAL EXPERIENCE

First University degree in relevant fields plus 4 years post qualification relevant qualitative work-related experience with emphasis in a relevant discipline preferably in Actuary/Insurance/Reinsurance or other numerical disciplines.
Relevant work experience Risks Management in a Reinsurance/ Company or Reinsurance Department of an Insurance Company or a financial institution shall be an added advantage.

V. SALARY AND BENEFITS

The successful candidate shall have the following benefits:

Competitive Basic Salary on the Corporation’s Grade Level SS3
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
Transport Allowance

ADDITIONAL REQUIREMENTS:

Applicants must be nationals of member States of Africa Re;
Candidates must not be more than 30 years old.
Should be fluent in English Language. However, a basic knowledge of French language will be an added advantage ;

POSITION : Assistant Manager, Statistics, Research and Business Development 

I. RESPONSIBILITIES

Reporting directly to the Director of Central Operations and Special Risks, the successful candidate will strengthen market intelligence and provide relevant market information to Production Centres to facilitate marketing activities.

II. DUTIES/JOB DETAILS

The duties shall comprise amongst others

Market Intelligence & analysis reporting
Analysis of performance of Competitors & peers
Market research, Data Gathering & Circulation
Client relationship management and support
Support in the development of Training Materials and Presentations
Assist in the publication of Articles in the Corporate Magazine & Newsletter.

III. MAIN COMPETENCIES REQUIRED FOR THIS POSITION

Sound knowledge in data analysis and interpretation of financial statements;
Very Good reporting skills;
Good supervisory and Problem solving skills with Capacity for taking initiatives
Excellent Communication and Presentation skills, as well as proven writing skill
Organizational skills and Ability to multitask
Curiosity and Proven fast-learning ability
Flexibility, Adaptability, Creativity and Innovation
Disciplined, Reliable, with very high Integrity and good sense of responsibility;
Good interpersonal skills with ability to quickly build good and sustainable relationship with stakeholders;
Excellent skills in MS Office (Word, Access, Excel, PowerPoint, and Outlook) and Data/Statistical Analysis Software (SPSS, SAS, R etc) are required. Knowledge of any other business-related software will be an added advantage

IV. QUALIFICATIONS AND PROFESSIONAL EXPERIENCE

Applicants shall be holders of

First University degree plus Masters in relevant fields plus 4 years post qualification relevant qualitative work experience with emphasis in a numerate discipline preferably in Insurance, Actuarial Science, Finance, Statistics, Economics or Mathematics

Or

First University degree in relevant fields plus full professional qualification, plus 4 years post qualification relevant qualitative work experience with emphasis in a numerate discipline preferably in Insurance, Actuarial Science, Finance, Statistics,

Economics or Mathematics

Or

First University degree in relevant field plus 7 years post qualification relevant qualitative work experience with emphasis in a numerate discipline preferably in Insurance, Actuarial Science, Finance, Statistics, Economics or Mathematics Relevant Professional qualifications in the above disciplines is an advantage.

Relevant Professional qualifications in the above disciplines is an advantage
Cognate knowledge and work experience in Insurance/Reinsurance industry
Cognate work experience in financial services is an added advantage
Verifiable published works will be an added advantage.

Applicants must also be:

Fluent in English language
Working knowledge of French will be an added advantage.

V. SALARY AND BENEFITS

The successful candidate shall have the following benefits:

Competitive Basic Salary on the Corporation’s Grade Level PS1
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
Exemption from taxes and duties (diplomatic status of an international civil servant) – if non-Nigerian National;
Home leave to country of origin every year paid by the employer (if non-NigerianNational) ;

Duty Post Differential (Cost of Living Allowance), that may increase or decrease depending on the economic situation, paid in local currency.