Vacancies at African Reinsurance Corporation

Vacancies at African Reinsurance Corporation

African Reinsurance Corporation (AFRICA RE) was established to foster the development of the insurance and reinsurance industry in Africa, to promote the growth of the national, regional and sub-regional underwriting and retention capacities and to support African economic development.

Africa Re is now recruiting for several key positions in Nigeria.

Candidates are expected to be Nationals of the member states and possess the required skills in order to apply and be considered.

Assistant Accountant - West Africa Regional Office, Lagos

Provide technical accounting support to the Assistant Director Finance & Accounts (ADFA) and the underwriting team as well as assistance and relief to designated ADFAs in their absence.

Responsibilities

Provide leadership in the detail verification, processing, confirmation and processing of technical statements; credit control and management of balances due to/from cedants and brokerS; keep proper records and files on assigned cedants and brokers;
Supervise the technical accounting staff in the review, verification, processing and confirmation of technical statements received from cedants and brokers - covering premium closings and slips together with their related transactions (commission,brokerage, profit commission, etc.), periodic (mainly quarrerly) statements of account, excess of loss premiums - and handling the same responsibilities for assigned cedants
Review and control the reinsurance debtors’ ledger for accuracy and collectibles and generally managing the credit control function to ensure outstanding balances are collected within their agreed terms. Oversee the maintenance of the reinsurance debtor balances by technical account staff and drive the collection process by Underwriters and the ADFA
Assisting the Underwriting team and the ADFA in the management of the relationship with cedants and brokers, especially in the timely rendition of account statements and the collection of outstanding balances . Any other duties as may be assigned by management
Requirements

Bachelor’s degree in relevant disciplines with at least 10 years post Qualification relevant work experience or Masters degree or full professional qualification plus 6 years post qualification relevant work experience
Membership of relevant professional bodies and Bilingualism (English/French) would be a added advantage
English-Speaking Interpreter /Translator - Head Office

Responsibilities

Provide interpretation services from French to English during statutory meetings or request from partners or sister organizations;
Translate corporate documents from French to English Language;
Carry out any other duty that may be assigned.
Requirements

Bachelor’s degree in Languages with at least 10 years post qualification relevant work experience or Masters degree or full professional qualification in Interpretation and Translation plus 6 years relevant work experience;
Membership of relevant professional bodies would be a added advantage;
Be computer literate.
Applicants must be:

Nationals of member States of Africa Re;
At Least 30 years and at most 40 years old;
Senior Accounting Clerk. West Africa Regional Office, Lagos

To assist in maintaining, preparing and ensuring proper records keeping of financial accounts and statements.

Responsibilities

Documentation of receipts and payments in currencies other than Naira and processing in the Cashbooks.
Update of foreign investment accounts.
Bank reconciliation
Response to inquiries in respect of receipts or payments.
Weekly Cash/Bank Balances report, Liquidity report, Inter office account etc.
Any other duties as may be assigned by the Regional Office Management from time to time.
Requirement

3 papers at ‘A’ level in relevant subjects or equivalent plus 5 years relevant work experience
Membership of relevant professional bodies and Bilingualism (English/French) would be an added advantage
Applicants must be:

At least 25 and not more than 40 years old;
Other Information

Salary and other conditions of service are competitive and comparable to what is obtainable in similar organizations.
How to Apply

Applications, together with full curriculum vitae and one passport size photograph, should be sent to the following address:

The Managing Director,
African Reinsurance Corporation,
Africa Re Building, Plot 1679, Karimu Kotun Street
Victoria Island, P. M. B 12765, Lagos Nigeria.

Deadline is 28th February 2009.