Job For Executive Director - Technical In A Reputable Life Assurance Company

PricewaterhouseCooper (PwC) - Our client is a widely recognised Specialist Life Assurance Company in Nigeria, serving thousands of customers with bespoke insurance products tailored for each phase of their lives. The company is aimed at improving the quality of life of clients by providing prompt and quality insurance service delivery. They offer a range of insurance products such as annuity, investment plans, group life plans and much more. We are recruiting on behalf of our client to fill the position below:     Job Title: Executive Director - Technical Reference Number: 130-PEO00980 Location: Nigeria Department: People & Change Nigeria Job type: Permanent Roles & Responsibilities

• Make recommendations that will support Company’s Strategic Business Direction
• Implement Marketing Plan
• Implement overall Strategic Plan and policies in accordance with board approved priorities
• Implement overall Business Plan
• Ensure Technical competences of technical staff are maintained
• Developing corporate and business strategies
• Developing corporate product strategies
• Oversee the delivery of projected underwriting, claims and reinsurance performance results through effective account management (revenue & product)
• Monitoring underwriting trends and provides robust report for analysis
• Generate business opportunities by developing and managing key relationships for enhanced revenue performance.
• Provide Underwriting, Claims and Reinsurance philosophies and disciplines across all business lines.
• Lead and motivate teams with direct reporting relationship to the office.
• Manage and execute high level process development as well as the quantity and quality of work performed by the technical department
• Accountable for effective implementation and adherence to established obligations, contracts and other underwriting, claims and reinsurance commitments.
• Annually design, implement and manage underwriting, claims and reinsurance authority, guidelines and approval thresholds.
• Responsible for all technical regulatory compliance requirements as set by the National Insurance Commission
• Provide technical assistance to Board and Board Committees as well as staff
• Other duties as assigned by the MD/CEO and the board.
• Formulating the company’s underwriting and reinsurance strategies
• Underwriting of various classes of life assurance (individual and group business)
• Arrangement of treaty cover notes
• Undertaken actuarial valuation
• Provide direct oversight for day to day operations of policy administration and insurance operational functions
• New product development
• Portfolio development
• Ensuring customer satisfaction
• Monitoring the quality of businesses and ensuring effective claims administration
• Formulating Business Policies

• Relevant Master’s Degree is an added advantage
• Experience in the Insurance Industry is also an added advantage.
• Minimum of a Bachelor's degree in any related discipline
• Relevant Professional qualification e.g. Associate of the Chartered Insurance Institute of Nigeria (ACIIN)
• Minimum of fifteen (15) years technical post-graduation experience, with at least seven (7) years as a senior management staff