Job Opportunities at Old Mutual Nigeria, 22nd October, 2019

Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances. We are recruiting to fill the position below: Job Title: Reinsurance Administration Specialist REF: 1347/NIGE/EU/REINSURANCE ADMINISTRATION SPECIALIST/Nigeria/180919 Location: Nigeria Contract: Permanent Available: ASAP Category: Insurance Introduction

• Individually accountable to performing routine reinsurance administrative duties while ensuring reinsurance information are recorded accurately.
• A Reinsurance Administrator specialist is fully multi-skilled across products & processes, and has extensive relevant experience.

• Follows standardised processes and provides administrative support in line with normal business functioning.
• Delivers on daily operational standards and adheres to service and quality standards.
• Provides an indirect service to customers and intermediaries.
• Responds to immediate requirements within procedure.
• Uses standard administrative techniques to coordinate own work.
• Product and process knowledge in different areas may differ but basic skills remain the same.
• Fully multi-skilled across products and processes.
• Has extensive, relevant experience.

• Efficient management of Facultative inward portfolio.
• Monitor the company’s risk portfolios, analyse and recommend risks for facultative outward placements.
• Debiting and processing of payment.
• Prepare and render quarterly treaty returns.
• Prepare and review paid & outstanding loss bordereaux.
• Prepare and interpret various reinsurance statistics.
• Ensure timely delivery of regulatory returns.
• Follows standardized processes and provides administrative support in line with normal business functioning.
• Weekly reporting.
• Uses standard administrative techniques to coordinate own work.
• Prepare meeting reports/ presentations.
• Interface with the other departments.

• Accountable for service delivery through own efforts.
• Individually accountable for managing own time, tasks and output quality for periods of 1 day to a maximum of 3 months.
• Makes increased contributions by broadening individual skills.
• Collaborates effectively with others to achieve personal results.
• Accepts and lives the company values.

• Performs quality checks on own work.
• Adheres to service and quality standards

• A first degree or its equivalent.
• Good Analytical skills.
• Technical/insurance product knowledge and relevant experience would be an added advantage.
• Good knowledge of Microsoft office suite

• Market Related.

• This role is individually accountable for providing advice on a specific range of products to a specific allocated market.

• Obtaining detailed information about the customer, their business and provide advice in line with the customer value proposition & compliance framework.
• Rendering advice to the customer on appropriate insurance cover and terms.
• Maintaining detailed knowledge of available insurance products for consideration of a client.
• Providing quotation on the insurance products for consideration of a client.
• Providing requisite underwriting information to the insurer in assessing the risk to decide pricing terms and conditions for cover.
• Acting promptly on instructions from a customer and providing him written acknowledgements of risk by the insurer.
• Complying with the guideline on market conduct and business practice for insurance institutions in Nigeria.
• Assisting customers in processing claims in line with the provisions of the "claims management procedure" of the company represented.
• Assisting in the negotiation of claims, protecting salvage and subrogation rights of the insurer.
• Maintaining proper records of claims and businesses generated.
• Develops, tracks & reviews business plan to meet individual performance targets.
• Work with a specific range of products.

• Develops, tracks & reviews business plan to meet individual performance targets.
• Engages in limited prospecting.

• Accountable for service delivery through own efforts.
• Individually accountable for managing own time, tasks and output quality for periods of 1 day to a maximum of 3 months.
• Makes increased contributions by broadening individual skills.
• Collaborates effectively with others to achieve personal results.
• Accepts and lives the company values.

• Provides advice in line with the customer value proposition & compliance framework.
• Works in specific allocated markets.
• Works with a specific range of products.

• Establish sound working relationships and maximizes opportunities with prospective clients.
• Uses appropriate interpersonal and communication techniques to gain client acceptance.

• A first degree or its equivalent,
• Marketing skills in insurance, relevant insurance related qualification, relevant technical insurance skill, knowledge of relevant market conducts regulations and requirements will be an added advantage.

• Market Related.
• Receives a base salary & bonuses - no commission.

• This role assists the Team Lead in ensuring that the key financial expectations in terms of premium revenue are met. The incumbent is individually accountable for achieving results hrough own efforts.

• Collation of sales leads  generated via referrals from the assigned bank partner
• Make appointments; explore the customers’ financial needs in life-related investment and insurance needs areas, select appropriate   product to meet these needs from the company’s product range.
• Direct selling of various financial products to the customers with a view to meeting set sales targets.
• Basic quality check and processing of completed policy forms and KYC documents
• Post- sales servicing and customer relationship management
• Compiling a database of the Ecobank foot falls and generated prospects from walk-in customers

• Accountable for service delivery through own efforts.
• Individually accountable for managing own time, tasks and output quality over periods of 1 day to a max of three months.
• Makes increased contributions by broadening individual skills.
• Collaborates effectively with others to achieve personal results.
• Accepts and lives the company values.

• Academic qualification: Bachelors’ Degree / HND in any discipline
• Must have completed the mandatory NYSC programme
• Minimum 2 years work experience
• Excellent verbal and written communication skills
• Selling skills and experience (an advantage)
• Knowledge of Insurance or Banking products (an advantage)
• Great interpersonal skills.