FBN Life Assurance is a limited liability company licensed to transact
life assurance businesses in Nigeria. The Company is jointly owned by
First Bank of Nigeria PLC (65%) and the Salam Group, one of the largest
financial institutions in South Africa (35%) and it officially commenced
operations on the 1st September 2010.
VACANCIES IN FBN LIFE ASSURANCE
EXCITING CAREER OPPORTUNITIES IN THE INSURANCE INDUSTRY
INTERNAL AUDIT SENIOR (REF: FLIAS)
JOB:
Reporting to the Head of Internal Audit, the successful candidate will
be responsible for information systems audit including audits of
computer applications and technological solutions. Specifically, the
successful candidate will:
Participate in planning audit engagements including the development of programs of audit testing and evaluation
Execute the audit process on computer applications and accurately
interpret results against defined criteria in accordance with
professional standard.
Apply internal control concepts in information technology processes and
appropriately assess the exposures resulting from ineffective or missing
practices.
QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES:
A good bachelors degree preferably in Accounting, Finance, Business Management or Economics from a reputable institution.
Relevant professional qualification(s) is essential.
Minimum of six (6) years relevant audit experience with at least three (3) years in a reputable insurance company.
Must be computer literate and be able to work in a team-based multi-cultural environment.
Good analytical and reasoning ability.
Good communication and people management skills.
LEGAL AND COMPLIANCE OFFICER (REF: FLLSCO)
JOB:
Reporting to the Head Legal Services & Compliance, the successful
candidate will be responsible for ensuring that company funds are not
dissipated through the payment of frivolous claims, penalties and other
fines etc. while also advising Management and other staff of their legal
relationships with the third parties in other to avert future
contentions and litigation. Specifically, the candidate will:
Draft Contract, Agreements, SLAs and MOUs
Review and vet documents
Monitor litigation/ Contentious matters
Ensure proper protection of the company’s legal assets
Ensure proper legal records of the company are kept and maintained
Coordinate the legal activities of the Branches/ Business locations
Render regular returns to Regulatory bodies
Monitor compliance of all Laws, Statutes and regulations as pronounced from time to time
QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES:
A good bachelors degree in Law from a reputable institution or law firm
Must have been called to the Nigerian bar
At least 1 year professional experience working in a reputable insurance company
The ability to work and liaise with law enforcement agencies
Excellent written and oral communication skills
Excellent analytical ability and verifiable good commercial judgment
Good interpersonal and communication skills.
Higher degree(s) or relevant professional qualification(s) will be added advantage.
SENIOR ACTUARIAL ASSISTANT (REF: FLSAA)
JOB:
Reporting to the Actuarial Services Manager, the successful candidate
will plan, develop and implement strategies for new product development,
processes and policies. Specifically, the candidate will:
Have responsibility for data collation and analysis.
Assist to set up valuation modules
Monitor rate, exposure, retention, new, lost business changes.
Monitor loss trends and relevant industry/regulatory changes
Collate and do a proper analysis of product ideas
QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES
A good first degree in actuarial sciences, mathematics, finance,
statistics, Insurance, or any social science discipline from a reputable
institution.
Minimum of four (4) years experience with at least one (1) year actuarial services experience from a reputable organization.
Minimum of 2 professional actuarial exams passed will be an added advantage.
Excellent written and oral communication skills.
Excellent analytical ability and a strong technical understanding of all aspects of the insurance business.
INTERNAL AUDIT ASSOCIATE (REF: FLIAA)
JOB:
Reporting to the Head of Internal Audit, the successful candidate will
be responsible for carrying out the periodic audits of processes and
business operations in the company. Specifically, the successful
candidate will:
Carry out periodic audit of commission processing and payment
Carry out periodic audit of branch and retail businesses
Carry out periodic audit of management accounts and other financial transaction
Carry out periodic audit of claims operations
Carry out periodic audit of reinsurance operations
Carry out periodic audit of underwriting operations
QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES
A good bachelors degree preferably in Accounting, Finance, Business Management or Economics from a reputable institution.
Relevant professional qualification(s) is essential.
Minimum of four (4) years experience with at least one (1) year in a reputable insurance company.
Strong technical understanding of all aspects of life insurance.
Good analytical and reasoning ability.
Excellent creativity and innovation skills.
Good communication and effective interpersonal skills.
BROKERS RELATIONSHIP MANAGERS (REF: FLBRM)
JOB:
Reporting to the Head of Corporate Distribution, the successful
candidate will be responsible for marketing and selling of insurance
products through insurance brokers and directly to institutional and
corporate clients, both in private and public sectors. He/she will also
be responsible for achieving client satisfaction and assisting with
ensuring the financial performance of the company’s targets.
Specifically, the candidate will:
Develop and implement brokers’ distribution strategies that deliver
products and services to meet customer and shareholders expectations.
Develop and implement sales strategies in line with the company’s objectives.
Carry out market and competitor research and analysis with a view to
propelling the company’s products and services to the top of the market.
Manage relationships with existing clients, develop and continually
enhance relationships with institutional and corporate organizations, as
well as professional associations, to maintain visibility and high
market share for the company.
QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES
A bachelor degree in any field of study from a reputable institution.
Higher degree(s) or relevant professional qualification(s) will be added advantage.
Minimum of five (5) years relevant experience with at least two (2) years in a reputable insurance company.
Must be computer literate and able to work in a team-based multi-cultural environment.
Conformable experience penetrating and growing large complex, and/or multi-site accounts.
Good interpersonal and communication skills
ADMINISTRATIVE MANAGER (REF: FILAO)
JOB:
Reporting to the Head of Finance and Administration, the successful
candidate will be responsible for the management of services and
processes that support the core business of the Company. He/she will be
required to ensure that the company has the most suitable working
environment for its employees and their activities. Specifically, the
candidate will:
Plan, direct, coordinate and prepare budget for facilities management.
Supervise procurement, maintenance & upgrades of furniture,
utilities, computers, security systems & signage for the overall
facility.
Administer policies & procedures for events and coordinate activities for the company.
Ensure facilities meet needs of multiple individual projects.
Supervise facility usage, operations, equipment maintenance, etc.
Manage facilities, mail processing and courier service.
QUALIFICATIONS EXPERIENCE AND ATTRIBUTES
A bachelor’s degree in any field of study from a reputable institution.
Higher degree(s) or relevant professional qualification(s) will be added advantage.
Minimum of six (6) years relevant experience with at least three (3) years in a reputable insurance company.
Must be computer literate and able to work in a team-based multi-cultural environment.
Good administrative and organizational skills and proven ability to manage multiple concurrent projects.
Good interpersonal and communication skills.
COMMISSION PAYMENT OFFICER (REF: FLCPO)
JOB:
Reporting to the Head of Technical, the successful candidate will be responsible for the following:
Administration of commission payment
Data collation-picking necessary information from the bank statement
Ensure payment of allowance within a specified period
Ensure commission and ORC are paid within a specified period
Attend to agents’ requests
Keep register and statistics of allowance and commission paid
Prepare reports and relevant statistics
QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES
A good first degree in Engineering, Mathematics, Statistics, Computer
Science, Insurance, Accounting, Economics or any social science
discipline from a reputable institution.
Minimum of one (1 )year relevant experience
Excellent analytical skills
A flair for figures
Knowledge of insurance underwriting
Excellent problem solving and creative thinking skills
RETAIL DISTRIBUTION MANAGERS (REF: FLAHRD)
JOB:
Reporting to the Head Retail Distribution, the successful candidate will
be responsible for alternative channel of Distribution (Bank Retail
Channel and Brokers Channel). Specifically, the candidate will:
Develop alternative retail distribution outlets
Coordinates and drive the sales force for retail alternative sales
channels (Brokers, Microfinance, Subsidiaries, franchise etc)
Coordinate the marketing activities of all marketers arising from agreements reached with other Sales channels.
Develop avenues to increase the productivity of the sales force
QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES
A good first degree or equivalent from reputable institution.
Relevant professional qualification(s) is essential.
Minimum of six (6) years relevant experience with at least three (3) years in a reputable insurance company.
Excellent analytical skills
A flair for figures
Knowledge of Insurance underwriting
Excellent problem solving and creative thinking skills
RETAIL BRANCH ADMIN OFFICER (REF: FLADP)
JOB:
Reporting to the Branch Manager, the successful candidate will be responsible for the following:
Records documentation
Creating proposals of all individual businesses on Premia
Creating customers account on premia
Attending to agents’ requests
Keeping a register on and statistics of all branch cheques and lodgment
Preparing of reports and relevant statistics
Office and stock maintenance
QUALIFICATIONS EXPERIENCE AND ATTRIBUTES
A good first degree or equivalent from reputable institution.
Minimum of 1 year relevant experience
Excellent analytical skills
A flair for figures
Knowledge of Insurance underwriting
Excellent problem solving and creative thinking skills
RETAIL DISTRIBUTION MANAGERS (REF: FLAHRD)
JOB:
Reporting to the Head Retail Distribution, the successful candidate will
be responsible for alternative channel of Distribution (Bank Retail
Channel and Brokers Channel). Specifically, the candidate will:
Develop alternative retail distribution outlets.
Coordinates and drive the sales force for retail alternative sales
channels (Brokers, Microfinance, Subsidiaries, franchise etc)
Coordinate the marketing activities of all marketers arising from agreements reached with other Sales channels.
Develop avenues to increase the productivity of the sales force
QUALIFICATIONS EXPERIENCE AND ATTRIBUTES
A good first degree or equivalent from reputable institution.
Relevant professional qualification(s) is essential.
Minimum of six (6) years relevant experience with at least three (3) years in a reputable insurance company.
Excellent analytical skills
A flair for figures
Knowledge of Insurance underwriting
Excellent problem solving and creative thinking skills
RETAIL ADMIN OFFICER (REF: FLRAO)
JOB:
Reporting to the Head Retail Distribution, the successful candidate will
be responsible for retail administration. Specifically, the candidate
will:
Plan and develop retail Reward structure
Plan and develop Career development and progression for the Field Force
Oversee the Retail Admin Officers in the branches on administrative issues
Oversee the distribution of proposal forms to all locations
General Admin responsibilities
QUALIFICATIONS EXPERIENCE AND ATTRIBUTES
A good first degree or equivalent from reputable institution.
Relevant professional qualification(s) is essential.
Minimum of four (4) years relevant experience with at least one (1) year in a reputable insurance company.
Excellent analytical skills
A flair for figures
Knowledge of insurance underwriting
Excellent problem solving and creative thinking skills
CORPORATE STRATEGY OFFICER (REF: FLCSO)
JOB:
Reporting to the Managing Director, the successful candidate will
support in evaluating business opportunities and assisting with
developing informed perspectives on opportunities. Specifically, the
successful candidate will:
Assist to define and implement corporate and business strategies.
Develop key initiatives spanning growth strategies and operational excellence
Prepare for and support business planning processes, including templates, workshops and plan development
Review and analyse market opportunities
Assist with project management
QUALIFICATIONS, EXPERIENCE AND ATTRIBUTES
A good first degree or equivalent from reputable institution.
Minimum of one (1) year relevant experience.
Excellent analytical skills
A flair for figures
Excellent problem solving and creative thinking skills
GRADUATE TRAINEES (REF: FLGT)
QUALIFICATIONS EXPERIENCE AND ATTRIBUTES:
A bachelor degree in any field of study from a reputable institution
Candidate must be 29 years and below
Smart and highly motivated graduates willing to up- hold our values
Good attention to details with ability to follow, apply , interpret, and explain instructions and/or guidelines
Excellent communication skills
TO APPLY
Please quote the reference number on each of the job responsibility as
the subject of your mail and also submit your CV (prepared as WORD
document) to:
fbnlifeassuranceweb@firstbanknigeria.com
Only shortlisted candidates will be contacted
DUE DATE: 10 February, 2013
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