Company Info
Large organization
200 + Employees
AIICO Insurance Plc is an insurance, pensions management, and asset management Group in Nigeria, with market-leading positions in life assurance, annuity, general insurance, special risks, pension management, health insurance, and asset management.
AIICO Insurance Plc is an insurance, pensions management, and asset management Group in Nigeria, with market-leading positions in life assurance, annuity, general insurance, special risks, pension management, health insurance, and asset management. Established in 1963, AIICO Insurance Plc has a strong retail distribution network and is listed on the Nigerian Stock Exchange.
1). Team Lead, Multiclient/Financial Institutions Underwriting (AM/DM)
Location: Lagos
Employment Type: Full Time
Job Summary
- We are looking for a detail-oriented underwriter who is able to take the initiative and work well with others as a team.
- The job requires efficiency and effectiveness in order to meet agreed turnaround times.
- Among other things, the officer will be required to interface with brokers and clients to facilitate the closure of insurance deals on a regular basis.
Role Complexity
- The candidate must possess team leadership experience with verifiable proof of notable achievement as the team lead.
- The role would require an individual with analytical skills who would be able to assess a risk and determine whether it should be insurable and at what terms and conditions.
- The role is also expected to liaise with brokers, banks and clients as occasion demands to provide the necessary supports to consummate insurance placement deals on terms agreeable to the organization.
- Carry out pre-renewal/Onboarding review of risks and communicating the renewal terms to the client through the broker/bank. In the same vein, the role is expected to flag any risk that has been value-eroding for the business.
- Provide leadership for the team by setting positive examples of changes he/she hopes to bring to the team that would enhance their performance.
- Possess the quality of effective communication to team members, marketers, brokers and other stake holders
- Must be able to develop actionable strategies to help the team provide the necessary support for the Sales Team to meet their Gross Written Premium Objective.
- Must be a team player able to collaborate with the team members to achieve the overall objective of the business.
- Must be able to foster a culture of innovation and continuous improvements among team members.
- Must be skillful in the delegation of tasks and responsibilities.
- Monitoring and managing the performance of team members.
Responsibilities
- Preparation of quotations after reviewing a new proposal from client/broker.
- Develop and maintain strong relationship and credibility with the sales staff/brokers through productive engagements regularly.
- Ensure that all underwriting records and files of clients/brokers as at when due.
- Ensure that debit/credit notes are issued to clients are issued as at when due.
- Ensure that any policy with loss ratio above 70% are escalated to higher authorities for decisions 2 months before renewal.
- Ensure compliance with the KYC requirements of the company in respect of both new and renewal businesses. Customer due diligence must be carried out on all clients.
- Ensure that all fire, motor and engineering risks in line with the organization’s policy are sent to the risk management and survey team for inspection and follow done until survey is done, and risk improvement recommendations are communicated to the insured.
- Collaborate with banks and other financial institutions to develop bespoke insurance products that will meet the need of their customers.
- Acknowledge all mails within one hour and diarize for follow up.
- Deliver endorsements in respect of all policy alterations and renewals within 48 hours.
- Ensure policy documents are delivered within 72 hours.
- Ensure motor insurance certificates are issued within 24 hours and same uploaded to the NIID.
- A good knowledge of Property, Casualty and Marine Insurance Products and their underwriting requirements.
- Any other functions as deemed necessary by the team lead for the unit.
Requirements
- B.Sc. or HND in any field.
- A master’s degree would be an added advantage.
- Associate member, Chartered Insurance Institute of Nigeria.
- Minimum of 8 years’ experience as an underwriter and at least 2 years as a team lead in a reputable insurance company.
Core Competencies:
- Good communication skills
- Time management skills.
- Problem solving skills.
- Attention to details.
- Team player/effective collaborator
- Organization skills
Functional Competencies:
- Skilled in the use of Microsoft words, power point and excel
- Good underwriting skills.
Application Closing Date
Not Specified.
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2). Team Lead, Mainland Brokers Underwriting (AM/DM)
Location: Lagos
Employment Type: Full Time
Job Summary
- We are looking for a detail-oriented underwriter who is able to take initiative and work well with others as a team.
- The job requires efficiency and effectiveness in order to meet agreed turnaround times.
- Among other things, the officer will be required to interface with brokers and clients to facilitate the closure of insurance deals on a regular basis.
Role Complexity
- The candidate must possess team leadership experience with verifiable proof of notable achievement as the team lead.
- The role would require an individual with analytical skills who would be able to assess a risk and determine whether it should be insurable and at what terms and conditions.
- The role is also expected to liaise with brokers as occasion demands and and provide the necessary supports to consummate insurance placement deals on terms agreeable to the organization.
- Carry out pre-renewal/Onboarding review of risks and communicating the renewal terms to the client through the broker. In the same vein, the role is expected to flag any risk that has been value-eroding for the business.
- Provide leadership to the team by setting positive examples of changes he/she hopes to bring to the team that would enhance their performance.
- Possess the quality of effective communication to team members, marketers, brokers and other stake holders.
- Must be able to develop actionable strategies to help the team provide the necessary support for the Sales Team to meet their Gross Written Premium Objective.
- Must be a team player able to collaborate with the team members to achieve the overall objective of the business.
- Must be able to foster a culture of innovation and continuous improvements among team members.
- Must be skillful in the delegation of tasks and responsibilities.
- Monitoring and managing the performance of team members.
Responsibilities
- Preparation of quotations after reviewing a new proposal from client/broker.
- Develop and maintain strong relationship and credibility with the sales staff/brokers through productive engagements regularly.
- Ensure that all underwriting records and files of clients/brokers as at when due.
- Ensure that debit/credit notes are issued to clients are issued as at when due.
- Ensure that any policy with loss ratio above 70% are escalated to higher authorities for decisions 2 months before renewal.
- Ensure compliance with the KYC requirements of the company in respect of both new and renewal businesses. Customer due diligence must be carried out on all clients.
- Ensure that all fire, motor and engineering risks in line with the organization’s policy are sent to the risk management and survey team for inspection and follow done until survey is done, and risk improvement recommendations are communicated to the insured.
- Ensure receipts obtained in respect of all transactions within 48 hours and the underwriting file updated.
- Acknowledge all mails within one hour and diarize for follow up.
- Deliver endorsements in respect of all policy alterations and renewals within 48 hours.
- Ensure policy documents are delivered within 72 hours.
- Ensure motor insurance certificates are issued within 24 hours and same uploaded to the NIID.
- A good knowledge of Property, Casualty and Marine Insurance Product and their underwriting requirements.
- Any other functions as deemed necessary by the team lead for the unit.
Requirements
- B.Sc. or HND in any field.
- A master’s degree would be an added advantage
- Associate member, Chartered Insurance Institute of Nigeria.
- Minimum of 8 years’ experience as an underwriter and at least 2 years as a team lead in a reputable insurance company.
Core Competencies:
- Good communication skills
- Time management skills.
- Problem solving skills.
- Attention to details.
- Team player/effective collaborator
- Organization skills
Functional Competencies:
- Skilled in the use of Microsoft words, power point and excel
- Good underwriting skills.
Application Closing Date
Not Specified.
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3). Senior Human Resource Business Partner
Location: Lagos
Employment Type: Full Time
Job Description
- The Senior HR Business Partner (HRBP) is a strategic partner to senior leadership, providing guidance and support in aligning HR strategy with business objectives. The role focuses on driving talent management, workforce planning, employee relations, and organizational development initiatives.
- As a trusted advisor, the Senior HRBP ensures that the business has the right people, structures, and processes in place to achieve its goals.
- The Senior HR Business Partner leads and manages the effective and efficient delivery of HR services with best practice and compliant with relevant policies and processes, including providing leadership, coaching and mentoring.
- The role requires strategic, operational and project management skills ensuring HR remains an active contributor to the success and goals of your assigned Business segment, business unit and operating units. Utilizing functional experience, flexibility, creativity, and project management skills, assist on special projects and new program development as needed.
Roles and Responsibilities
HR Strategy and Planning:
- Partner with senior leadership to align HR transformation initiatives with business strategy and drive organizational success.
- Provide insights and recommendations on workforce planning, talent acquisition, succession planning, and organizational design.
- Define HR transformation goals, metrics, and KPIs to measure success.
Talent Management and Development:
- Lead initiatives related to talent development, leadership training, coaching and performance management.
- Support the creation of individual development plans (IDPs) for key talent and high-potential employees.
- Partner with Learning and Development teams to design and implement programs that develop the leadership pipeline.
Process Optimization and Change Management:
- Analyze current HR processes and identify areas for improvement.
- Design and implement streamlined HR processes, ensuring they are scalable and adaptable.
- Lead change management efforts, including stakeholder engagement, communication, and training.
Technology and Systems Integration:
- Lead the implementation and integration of HR technology platforms (e.g., HCM, ATS, payroll systems).
- Collaborate with IT and external vendors to ensure smooth technology adoption and minimal disruption.
- Oversee data migration and ensure data integrity across systems.
Performance Management and Leadership Coaching:
- Collaborate with Learning and Development teams to ensure training programs align with the transformed HR processes.
- Implement talent management and performance review processes that support a high-performance culture.
- Provide coaching and mentoring to managers on how to effectively manage performance, set goals, and provide feedback.
- Work with leadership on succession planning, identifying critical roles and preparing future leaders.
- Manage the implementation of leadership programs that prepare future leaders for key roles.
Project Management:
- Lead cross-functional teams in executing transformation initiatives, ensuring projects are completed on time and within budget.
- Develop project plans, timelines, and budgets while tracking milestones and deliverables.
HR Analytics and Reporting:
- Leverage data and analytics to assess trends, identify potential HR issues, and provide actionable insights to the business.
- Monitor key HR metrics (e.g., turnover, employee engagement, and diversity metrics) and report findings to leadership.
Employee Experience Enhancement:
- Design initiatives that improve the employee journey to foster an inclusive, diverse, and collaborative workplace culture..
- Implement tools and practices that improve employee engagement, development, and retention.
Stakeholder Management:
- Act as the main point of contact for HR transformation efforts, regularly updating executives and key stakeholders on progress.
- Gather feedback from all levels of the organization to continuously refine transformation efforts.
Compliance and Governance:
- Ensure that all HR transformation efforts comply with local, national, and international labor laws and regulations.
- Create and update HR policies and procedures to reflect changes in legislation or company strategy.
- Implement governance frameworks for ongoing HR process management.
Qualifications
Education:
- Bachelor’s or Master’s Degree in HR, Business Administration, Organizational Development, or a related field.
Professional Qualification:
- Related Professional certification is mandatory.
Experience:
- 7-10 years of experience in HR management, including HR transformation, HRBP or change management roles.
- Proven experience in leading talent review processes, succession planning, and leadership development programs.
Core Competencies:
Strategic Thinking:
- Ability to align HR transformation efforts with broader business goals.
- Long-term planning to future-proof HR processes and systems.
Leadership and Influence:
- Strong leadership skills to guide cross-functional teams and influence senior stakeholders.
- Ability to manage and motivate teams through significant organizational change.
Change Management:
- Expertise in managing change at all levels of the organization, with a focus on people-centric approaches.
- High emotional intelligence to manage resistance to change.
Analytical and Problem-solving Skills:
- Ability to analyze complex data, identify key insights, and develop actionable solutions.
- Skilled in addressing challenges and solving issues related to process improvement.
Communication Skills:
- Excellent verbal and written communication to present ideas, reports, and findings to various stakeholders.
- Skilled in negotiation and diplomacy, ensuring buy-in from all levels of the organization.
Collaboration and Teamwork:
- Strong collaboration with different business functions to ensure smooth HR transformation.
- Ability to build strong relationships with key stakeholders and partners.
Functional Competencies:
HR Expertise:
- In-depth knowledge of HR functions such as talent acquisition, compensation and benefits, employee relations, performance management, and employee development.
- Familiarity with HR compliance, employment law, and labor regulations.
- Understanding of the HR lifecycle and ability to align HR programs with the business’s needs.
Talent Management and Leadership Development:
- Proven experience in leading talent review processes, succession planning, and leadership development programs.
- Expertise in assessing organizational needs and designing tailored talent management initiatives.
HR Technology and Systems:
- Strong knowledge of HR technology platforms like HCM, ATS, and payroll systems.
- Experience in implementing or upgrading HR systems.
Project Management:
- Expertise in project management methodologies (e.g., Agile, Waterfall) and tools (e.g., Jira, Asana, MS Project).
- Strong understanding of resource management, risk mitigation, and issue resolution.
Data Analytics and Reporting:
- Ability to analyze HR data to inform decision-making and track performance metrics.
- Proficiency with data visualization tools (e.g., Power BI, Tableau).
Business Acumen:
- Deep understanding of the business’s operational and financial goals and how HR contributes to achieving them.
- Ability to drive cost-effective transformation initiatives.
Change Leadership:
- Skilled in leading organizational transformation through culture shifts and mindset changes.
- Ability to implement and sustain long-term changes in HR practices.
Application Closing Date
Not Specified.
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4). Retail Life Underwriter Officer
Location: Port Harcourt, Rivers
Employment Type: Full Time
Job Summary
- Retail technical team is seeking to recruit a young, self-motivated, and talented staff to join the team.
- The successful candidate will assist the rest of the team to identify business’ needs and implement plans to actualize the organization’s goals.
Responsibilities
- Implement the process of analysing/assessing risks, with a view to, offering competitive terms, while ensuring commensurate premium for the risk exposure.
- Decrease value of policy when risk is substandard and specify applicable endorsements or apply rating to ensure safe profitable distribution of risks, using reference materials.
- Ensure that all aspects of the required medical standard are adhered to in terms of underwriting policies bearing the cost implications in mind.
- Ensure implementation of reviewed medical underwriting standard.
- Ensure the implementation of process improvements practices to promote increased quality of service to enable the underwriting team to meet and exceed expectations on process turnaround for new business transactions, renewal, endorsement transactions and inspection reviews.
- Implement reinsurance programs to meet standards of the company.
- Apply advised rates, policy terms, conditions, discounts, loadings and deductibles/excess and proffer risk management solutions and risk improvement measures where necessary.
- Deliver quality customer service by responding swiftly to queries and concerns from internal and external clients.
- Ensure that the required investigations and inspections are carried out by the team prior to underwriting.
- Ensuring compliance with various Service Levels Agreements (SLAs) by monitoring timely issuance and delivery of policy documents.
- Any other additional tasks that may be assigned as required by the business.
Requirements
- Proficient in the use of Microsoft applications and spreadsheet, Particularly Word, Excel, PowerPoint, and Project and InfoPath.
- Numerical accuracy and pay attention to details.
- Excellent inter-personal skills with ability to work unsupervised and as part of a team.
- Possess exceptional problem-solving skills i.e. analyse problems, find solutions and implementing them.
- Able to learn quickly and understand new techniques and ideas.
- Highly developed research and analytical skills with strategic thinking and planning.
Deadline: Not Specified.
How to Apply: Interested and qualified candidates should use the links below to apply: