Job Opportunities at Old Mutual Nigeria, 22nd November, 2019

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 position below:

Job Title: Senior Actuarial Supervisor

REF: 1431/NIGE/EU/Senior Actuarial Supervisor/Nigeria/221119
Location: Nigeria
Contract: Permanent
Available: ASAP
Category: Insurance

Introduction

• Manages mainly medium sized projects/tasks plus one large project/task through the efforts of others over periods of 3 months to 1 year

Description

• Owns and drives mainly medium sized projects/tasks plus one large project/task
• Redesigns processes
• Applies actuarial judgement on more ambiguous or bigger issues
• Responsible for the allocation and prioritising of work in the sub group
• Coach/mentor on technical and interpersonal skills
• Consulting
• Information Analysis
• Actuarial Service Delivery
• Team Effectiveness.

Key Result Areas
Consulting:

• Provides general actuarial consulting services to project teams and other internal and external clients

Information Analysis:

• Analyses data in area of expertise and draws conclusions from the analysis.
• Translates actuarial data analysis and draws conclusions from output.

Actuarial Service Delivery:

• Provides actuarial services to special project teams or ad hoc investigations
• Reviews/performs technical actuarial work/calculations

Team Effectiveness:

• Individually accountable for delivery  through efforts of others, for periods of up to 1 year.
• Accountable for others’ time, task and output quality.
• Balances own priorities with directing and motivating others.
• Assists with the development and training of Actuarial support staff and Junior Actuaries.
• Plans and assigns work over the applicable period.
• Guides and directs staff to achieve operational excellence standards.
• Creates a climate for optimal performance.
• Manages performance.
• Selects potential staff to sustain customer/client service delivery.

Minimum Requirements

• Qualified Actuary with minimum of 6 years actuarial exp or Actuarial student with min 14 actuarial credits and min. 6 yrs actuarial experience.

Job Title: Risk Specialist

REF: 1432/NIGE/EU/Risk Specialist/Nigeria/221119
Location: Nigeria
Contract: Permanent
Available: ASAP
Category: Insurance

Introduction

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

Description

• Challenges risk management information received from reporting entities.
• Assist with implementation of business risk strategy and policy
• Ensures risk processes (risk assessment, identification, management, reporting and optimisation) are occuring at BU level.
• Provides knowledge of systems/supporting guidance, procedures and assists the business in 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.
• Provides assistance to business unit management where required to embed risk management & provide challenge where deemed appropriate.
• Ensures that risk processes (risk assessment, identification, management, reporting & optimisation) are implemented.
• Performs process risk assessments to provide assurance on the controls in operating procuderes and processes
• Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem.
• Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate risk events

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

Compliance:

• Assess complaince  by the BU with applicable with Risk policy and facilitate means of the implementation of remediation of identified gaps
• Reports risk event and compliance breaches on a monthly/quarterly basis.
• Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate non compliance with risk policy suite

Reporting:

• Ensures monthly risk control logs 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.

Minimum Requirements

• Bachelor’s Degree with 3 – 4 years relevant experience in risk management / internal controls / actuarial science. Insurance experience would be an advantage

Deadline: 6th December, 2019.

How to Apply
Interested and qualified candidates should:
Click here to apply online