Jobs

Job For Risk & Compliance Officer at the African Reinsurance Corporation


The African Reinsurance Corporation (Africa Re) is the leading pan-African reinsurance company and the largest re-insurer in Africa and the Middle East in terms of net reinsurance written premiums. We are recruiting to fill the position below:     Job Title: Risk & Compliance Officer Location: Head Office, Lagos Job Type: Full Time Responsibilities

  • The successful candidate shall support in the Department in risk management & compliance processes.
Duties/Job Details The duties of the Risk & Compliance Officer shall comprise amongst others the following:
  • Manage business continuity plans
  • Generate and prepare risk reports
  • Support in enterprise-wide risk sensitization and communication
  • Support in coordinating rating exercises
  • Liaise with risk champions to regularly collect risk and financial data and perform analyses on such data
  • Support the Risk & Compliance department in the periodic risk management process
  • Update and manage the Corporation’s risk software
  • Support in analyzing data and assumptions to be used in risk and capital modelling
  • Monitor risk exposures and compliance with risk policies
  • Liaise with business units to obtain KYC information on existing and new clients as well as performing due diligence on such clients
Minimum Qualifications And Experience
  • First University Degree in relevant fields (Finance, Accounting, Risk Management, Actuarial Science);
  • 4-5 Years of experience in risk Management & compliance role;
  • Relevant work experience in the Insurance and/or Reinsurance industry will be an added advantage.
Main Competencies Required For This Position:
  • Very high integrity and good sense of responsibility;
  • Good interpersonal skills;
  • Advanced level of proficiency in Microsoft Excel tool and excellent skills in other MS Office applications (Word, Access, PowerPoint).
  • 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 and reporting skills;
  • Ability to multitask and learnt fast;
Additional Requirements For Candidates For This Position Applicants must also be:
  • Fluent in English, working knowledge of French will be an added advantage;
  • Nationals of Members state of Africa-Re
  • Not more than 35 years old
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
  • Inflation Adjustment
    How to Apply Interested and qualified candidates should: Click here to apply   Application Deadline 15th September, 2018.