Job Openings at Old Mutual Nigeria

Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients' circumstances.

We are recruiting to fill the following positions below:

1.) Sales Consultant

Ref No: JR-37953
Job Location: Lagos
Job Type: Full-time

Job Description

• To provide quality sales service that results in the production of business from new and existing sources which contributes to the profitability and growth of the company.

Descriptor:

• Builds and maintains sustainable relationships with all contracted intermediaries and clients in designated portfolio.
• Manages the relationship between Old Mutual, brokers, clients, and ensures maximum growth of the credit life insurance portfolio.
• Provide accurate quote(s) to customers.
• Maintain an agreed lead to quote ratio.
• Maintain an agreed quote to sale ratio.
• Manage all allocated leads.
• Reacts to market trends and competitor initiatives to ensure sustainable growth.
• Supports and advises on all product-related aspects of all Old Mutual products to clients.
• Meets all new business targets as set out
• Accurately and efficiently capture all customer data.
• Forward accurate policy documents to customers within mandated timeframes.
• Deal with all customers in a professional manner in strict accordance with businesses culture, products and quality standards.
• Manage time and workloads to ensure that deadlines and targets are met.
• Demonstrate an excellent knowledge of the business product offerings, campaigns, rules and conditions in order to recommend the right solution to the customer.

Key Result Areas:

• Fulfilment of set revenue targets in credit life premiums flowing from
• New banking partnerships across commercial and microfinance institutions as well as Fintech firms.
• Growth on existing businesses – target between 40% to 50%

Qualifications and Experience

• A First Degree or its equivalent
• Experience of 2 - 3 years required
• Excellent communication skills (verbal and written)
• Interpersonal and time management skills
• Good knowledge of MS packages (Especially MS Word, MS Excel and Outlook)
• Experience across commercial and micro lending issues will be an added advantage.

Application Closing Date: 12th April, 2023

Click here to apply online

2.) Risk Officer

Ref No: JR-38020
Job Location: Lagos
Job Type: Full-time

Job Description

• This role is individually accountable for assisting the BU in establishing and embedding a culture of proactive risk based decision making as well as ensuring that risk processes are implemented at the BU level.
• The individual is accountable for achieving results through their efforts over periods of up to 3 months.

Descriptor:

• Challenges risk management information collated by and received from business units.
• Ensures risk processes (risk assessment, identification, management, reporting, and optimization) are occurring at the BU level.
• Provides knowledge of systems/supporting guidance, and procedures and assists the business in the implementation of risk issues.
• Provides oversight for risk management activities ensuring Group Risk Policy statements are met.
• Ensures monthly risk control logs are updated and follows up with various Line Managers.
• Performs quarterly compliance audits on processes.
• Performs monthly quality assurance reviews on audit issues and identified control breaks.
• Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem.
• Reports risk events and compliance breaches to management on a monthly/quarterly basis.
• Identifies applicable legislation and analyses the impact thereof on the BU and applies this to BU processes and procedures.
• Ensures compliance by the BU with applicable legislation by means of the implementation of compliance risk management
• and monitoring plans.
• Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate risk issues and non-compliance with legislation and regulation.

Key Result Areas
Personal Effectiveness:

• Accountable for service delivery through own efforts.
• Individually accountable for managing own time, tasks, and output quality for periods of up to 3 months.
• Makes increased contributions by broadening individual skills.
• Collaborates effectively with others to achieve personal goals.
• Accepts and lives the company values.

Risk Management:

• Challenges risk management information received from reporting entities
• Provides knowledge of systems/supporting guidance, and procedures and assists the business in the implementation of risk issues.
• Provides oversight for risk management activities, ensuring Group Risk Policy statements are met.
• Ensures risk processes (risk assessment, identification, management, reporting, and optimization are occurring at the BU level.
• Provides support in carrying out risk-related responsibilities.

Compliance:

• Identifies applicable legislation and analyses the impact thereof on the BU and applies this to BU processes and procedures.
• Performs quarterly compliance audits on processes.
• Reports compliance breaches on a monthly/quarterly basis.
• Ensures compliance by the BU with applicable legislation by means of the implementation of compliance risk management and monitoring plans.
• Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate non-compliance with legislation and regulation.

Reporting:

• Ensures monthly risk control logs and risk events are updated and follows up with various Line Managers.
• Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem.

Qualification & Experience

• Bachelor's Degree.
• 3 years of relevant experience.

Application Closing Date: 13th April, 2023

Click here to apply online

3.) Executive Director, Technical (OMNIGIC)

Ref No: JR-37387
Job Location: Lagos
Job Type: Full-time

Job Description

• This role contributes to the broad technical strategy across the country, maintaining a long-term focus on the future risk management direction of the business in comparison to the market.
• It is individually accountable for the execution of the Risk and technical strategy, and tactical business plans through Managers and their teams.

Descriptor:

• Accountable for execution of tactical business plans (derived from Business Unit Strategy) at operational level.
• Integrates decision making across all of these spectrums.
• Contributes to projects impacting on business deliverables (Delivery of level three plans).
• Makes major operational decisions within business plan.
• Provides operational and best practice context for internal environment.
• Manages direct (Team Leaders and Specialists) and indirect (Clerical staff) reports in Life Underwriting, Claims and Re-Insurance teams.
• Owns operational efficiency and quality including an operations balanced scorecard incorporating finance, people, process and customer dimensions of the business.
• Builds relationships with peers and or colleagues that impact across business areas.

Key Result Areas
Governance & Compliance:

• Accountable for governance and compliance at an operational level.
• Relationship Building:
• Builds relationships with peers and/or colleagues that impact across business areas.

Operational Efficiency:

• Accountable for execution of tactical business plans at operational level.
• Makes major operational decisions within business plan.
• Owns operational efficiency and quality including an operations balanced scorecard incorporating finance, people, process and customer dimensions of the business.
• Ensures the effectiveness and appropriateness of operational processes.

Management Effectiveness:

• Manages service delivery through a team of managers over periods of 3 months to 1 year.
• Provides operational and best practice context for internal environment.
• Holds first line managers accountable for managerial work, including selection, performance management and talent management.
• Develops MOs and specialists under supervision.
• Manages the HR function for the department as well as all day-to-day staff administration.
• Drives operational excellence through area of supervision.
• Selects potential MOs to sustain pipeline.

Minimum Qualifications and Experience

• Insurance Professional qualification (ACIIN, ACII).
• 3 to 5 years of experience in more than one discipline.
• Post Graduate Degree (an advantage).
• Average of 15 years overall work experience.
• Management experience.
• Experience in a Multinational organization (an advantage).
• Experience in Technical Insurance matters, having worked in Underwriting and Claims.

Skills:

• Excellent Communication & Presentation skills.
• Excellent Analytical skills.
• Excellent Relational Management skills.

Application Closing Date: 10th April, 2023.

Click here to apply online

4.) Administrator

Ref No: JR-37771
Job Location: Lagos
Job Type: Full-time

Job Description

• This role is individually accountable for providing immediate response to administrative requirements in accordance with SLA parameters, in a processing environment. Technical knowledge is limited to some products and or processes.

Responsibilities

• Follows standardised processes and provides administrative support in line with normal business functioning.
• Responds to immediate requirements within procedure.
• Uses standard administrative techniques to co ordinate own work.
• Delivers on daily production standards and adheres to service and quality standards.
• Provides an indirect service to customers and intermediaries.
• Product and process knowledge in different areas may differ but basic skills remain the same.
• Technical knowledge is limited to some products and or processes.

Key Result Areas
Documentation processing:

• Responds to immediate administrative requirements within procedure.
• Follows standardised processes and provides administrative support in line with normal business functioning.
• Delivers on daily production standards.
• Uses standard administrative techniques to coordinate own work.

Personal Effectiveness:

• Accountable for service delivery through own efforts.
• Individually accountable for managing own time, tasks and output quality for periods of 1 day to a maximum of 3 months.
• Makes increased contributions by broadening individual skills.
• Collaborates effectively with others to achieve personal results.
• Accepts and lives the company values.

Quality Assurance:

• Performs quality checks on own work.
• Adheres to service and quality standards.

Qualifications and Experience

• A First Degree or its equivalent
• Interpersonal and time management skills
• Excellent communication skills (verbal and written)
• Good knowledge of MS packages (Especially MS Word, MS Excel and Outlook)
• Experience of 1 to 2 years is an added advantage.

Application Closing Date: 7th April, 2023.

Click here to apply online