Exciting Job in a Financial Institution

Our Client a Leading Financial service Firm requires for immediate Employment the following position

1. HEAD: BANCASSURANCE

EXPERIENCE:
? 3 – 5 years senior management experience in an Insurance environment
? Proven application of general business principles

LOCATION:
Head Office, Lagos

CONTENT:
? Geographic spread
? Relationship driven
? Changing Financial Services Industry

CUSTOMERS:
• Diamond Bank

JOB PURPOSE:
To initiate and drive the Bancassurance strategic partnership and alignment by delivering optimal product offerings & creating distribution networks within Diamond Bank Group, thus ensuring customer needs are met and a profitable and sustainable book of business is achieved.

OUTPUTS:
Financial
? Maintain financial analysis on business in terms of projected budgets
? Formulation of budgets and the measurement thereof
? Achievement of business results by effective management of profit margins, loss ratios & sales targets
Customer Service
? Achieve strategic alignment through:
? Maintaining and enhancing business relationships
? Managing service level agreements with service providers
? Embark on customer research, identify & action the gaps
? Identify preferred market segmentation
? Manage and attend business promotions and functions
? Managing bank branches including the designated and cluster branches
? Maximizing business through relationship building with all segments
Internal Business Process
? Maintain procurement/reciprocal business for the JV/partnership
? Identify & optimize strategic advantages of the JV/partnership relationship
? Manage technical aspects of business, including pricing, renewals, second phase underwriting
? Prepare board reports and present to the JV Board
? Identify cross selling opportunities
? New product development (Personal Lines and other)
? Training, motivating and developing the team on concepts of Insurance and Products
? Will be responsible to maintain relationship with the banks.

COMPETENCIES:

KNOWLEDGE:
? In-depth insurance and banking knowledge
? Market and competitor knowledge
? Strong financial understanding
? Experience of sales in a Financial/Insurance services industry would be an added advantage
? Knowledge of retail/telecoms industry would be an advantage
? Strong leadership qualities and ability to coach and mentor others
? Good analytical skills
? Excellent Verbal and written communication skills
? Good team leader

QUALIFICATIONS:
? Degree - Financial or legal qualification preferable
? A Post Graduate qualification would be an advantage
2. JOB DESCRIPTION OF A COMPANY SECRETARY
EXPERIENCE:
? Minimum of 5 years in a similar position

LOCATION:
Head Office, Lagos
• Advise management on company law and agreements
• Organizing, preparing agendas for, and taking minutes of board meetings and annual general meetings (AGMs);
• Maintaining statutory books, including registers of members, directors and secretaries;
• Dealing with correspondence, collating information and writing reports, ensuring decisions made are communicated to the relevant company stakeholders;
• Contributing to meeting discussions, as and when required, and advising members of the legal governance, accounting and tax implications of proposed policies;
• Monitoring changes in relevant legislation and the regulatory environment, and taking appropriate action;
• Liaising with external regulators and advisers, such as lawyers and auditors;
• Developing and overseeing the systems that ensure the company complies with all applicable codes, as well as its legal and statutory requirements;
• Act as senior executive of the company
• Manage the work of the company’s registered office.
• Maintaining the register of shareholders and monitoring changes in share ownership of the company;
• Taking a role in share issues, mergers and takeovers;
• Engaging in contractual agreements with suppliers and customers;
• Overseeing public relations/ corporate affairs
Key skills
• good written skills and command of English
• discretion when handling confidential information
• a keen eye for detail and good knowledge of company law
• the ability to meet multiple deadlines
• Numerical ability.
• Must have passed the four-part examination of the Institute of Chartered Secretaries and Administrators.

3. JOB DESCRIPTION OF HEAD INTERNAL AUDIT

EXPERIENCE:
? 3 – 5 years managerial experience in an Insurance, Banking or Auditing environment
? Proven application of general business principles

LOCATION:
Head Office, Lagos

• Determines audit objectives using the organizational objectives and designs audit program to meet those objectives;
• Evaluates the effectiveness of management controls over departments;
• Analyzes financial statements, formulates projections for revenues and expenditures; and analyze financial statements ratios to indicated business performance
• References Federal, State and local laws, rules, regulations and ordinances governing the industry and the country;
• Ensure compliance of all the regulatory bodies governing the industry
• Communicates through written reports and in person with departmental heads and elected officials regarding on-going audits, findings of completed audits, and recommendations to correct non-compliance with applicable laws, rules and regulations and to improve operational efficiency;
• Demonstrates continuous effort to improve operations, decrease turnaround times, streamline work processes, and work cooperatively and jointly to provide quality seamless customer service.
• Ensure operation of policies in line with documented control
• Maintenance of Asset Security
• Provides independent assurance to the Board and Management
Required Knowledge, Skills and Abilities:

Knowledge of:
• Principles and practices of accounting and auditing and their application to governmental accounting systems.
• Specialized audit area, such as Rates and Fees, Single Audit, Financial, Operational or Program Audit.
• Business practices relating to keeping of accounts and other financial records.
• Leadership styles and skills.
4. JOB DESCRIPTION OF TREASURY ASSISTANT

• Daily contact with all the branches and confirmation of their cash collection
• Daily monitoring of bank positions/balances
• Daily monitoring of investments held in various bank accounts as well as dealing with direct debits
• Weekly reports of deposits and maturity profile
• Process bills in accordance with company policy.
• Manage and update bank contact lists
• Preparing monthly analyses and reports for reconciliation
• Ensuring appropriate and reliable treasury accounting processes and systems are in place.
• Responsible for the accounts, finance & taxation matters of the company.
• Assisting in the preparation of the monthly Balance Sheet and the Profit and Loss Account, Budget and fund flow and cash flow statements.
• Update petty cash electronically
• Any other related duties that may be assigned from time to time

Experience: 3-5 years experience on a similar role.

5. VISUAL BASIC SCRIPT WRITER
Attributes:
• Preferably 2-3 Years experience
• Proven track record of supporting the implementation of systems.
• Ability to drive and lead programmes of change within a business.
• Strong familiarity with Microsoft Office and related products.
• Sound Experience in Visual Basic, VB script and with working knowledge of SQL Server will be a key requirement.
• Previous experience in Crystal Reports will be advantageous.
• An understanding of HTML, ASP and XML would be advantageous.
Key Tasks
1. System Integration
• To co-ordinate and design any bespoke functionality on top of Sirius application release.
• To liaise with 3rd party suppliers to ensure SSP software will integrate successfully with supplier components to deliver the customer solution.
• To ensure software is developed in accordance with the technical specifications
2. Implementation
• To work with the project business team to ensure the technical requirements for the project are understood.
• To facilitate the installation and configuration of the solution for customer UAT, performance testing and live environment.
• To ensure that project timelines are understood and to proactively manage resolutions to technical matters affecting the project.
• To provide technical support and consultancy to the business team on technical areas of the Sirius application/toolkits/utilities/database.
Role Competencies:
Must be able to demonstrate the following:
• Self motivation and ability to work under pressure.
• Ability to work on own initiative and unsupervised, occasionally on client sites.
• Possess excellent written and verbal communication skills.
• Good time management.
• Flexible attitude including willingness to work away from home on an occasional basis.


6. DATABASE ADMINISTRATOR
Detailed job specification :

Client System is a browser based insurance administration system running on oracle 10g database with oracle application server. The Database is designed as a large enterprise system to cope with client's growth projections. We require a competent database administrator/experienced oracle application developer to take up the challenge of day to day management of the oracle based system. Duties include system tuning, system security, responding to user query, leasing between user and system provider, producing ad-hoc report based on management requirements and ensure 24/7 system availability. This is an exciting opportunity as the qualified candidate is expected to quickly grasp business analyst/system developer skills as he/she will be trained to carry out system specific enhancement by the system provider.


Specific knowledge base:
Intending applicant must have a minimum of two years oracle experience gained in insurance or any financial environment but candidate with proven three years oracle experience from other industries may be considered.

Specific skills:
Candidate must be able to carry out database tuning, import/export database/table, data upload, write complex pl/sql for ad-hoc report and basic database management functions. Candidate with proven oracle application development skills will be considered as successful candidate should be able to quickly understand complex data flow.

7. HEAD INFORMATION TECHNOLOGY

PURPOSE OF ROLE

• Support as necessary the deployment of new applications; identification of key business requirements and leadership of the development of IT solutions; and management of the relationships with the business lines and functional departments, developing strong contacts with the various arms of the organization.
• Continuity and improvement of service provision to users without diminution; identification of infrastructure and service requirements and develop business-oriented service level agreements; and develop and implement service management to ensure services are delivered to service levels
• Continue to drive forward beneficial perceptions of the IT function among users especially in “change” situations; and working with users to further the understanding of the potential of IT applications and facilitate delivery of identified benefits in the business as a whole
• Management of negotiations with the preferred outsource supplier and management of services delivered; and management of the applications support and development team.
• Create and manage Statements of Business Requirements as a basis for solution provider selection
• Raise the acceptance of the benefits of using IT throughout ADIC and its operating units
• Build and maintain valued dialogue with the user community at all levels and providing IT/IS leadership across ADIC
• Provide support to users for all business and administrative applications software
• Manage the purchase, installation and implementation of all new hardware, software and network products for ADIC within agreed budgets, investment and appraisals and time scales.
• Instigate and implement data management policy and procedures to comply with ADIC archiving requirements
• Manage the day-to-day performance of the IT function
• Manage all aspects of ADIC IT security
• Manage ADIC’s compliance with all legal requirements relating to IT
• Ensure compliance with Data Protection Regulations
• Develop and control IT capital and operating budgets
• Management and develop the IT team effectively
• Develop and maintain the IT aspects of the ADIC business continuity plan.

Experience: 7 years experience on a similar role

8. HEAD OF TECHNICAL (UNDERWRITING)

• Reports to the Chief Operating Officer
• Manage assessment of Risks to give competitive quotation
• Risk Management for various classes of insurance written by the Company by maintaining right retention/reinsurance levels
• Manage underwriting of various classes of insurance
• Understand and interpret treaty cover notes
• Initiate product development
• Undertake actuarial valuations
• Driving a healthy reinsurance strategy for protecting the balance sheet without compromising on solvency margin requirements stipulated by the regulators
• Supervisory role over Claims & Reinsurance Process
• Identify, evaluate and recommend risk improvement measures
• Build cohesive and motivated underwriting team
• Setting-up the guidelines, work-flows and processes and managing them for underwriting and claims for all classes of insurance

Candidate’s Profile
• Minimum of 10 years managerial experience in general insurance underwriting with at least 5 of this being in Management capacity
• Professional qualifications (ACII/MBA, ACA, ACCA)
• Must be computer literate
• Good presentation skills

Vibrant young underwriters with 2-4 years underwriting experience.

Qualified Applicant should forward their detailed Resume to [email protected] or [email protected] or to The Recruitment Consultant Doheney Services Ltd. @ 55, Coker Road off Town Panning Way Ilupeju Lagos