fbpx
Number 1 Retail Life Insurer
aiicontact@aiicoplc.com 0201 279 2930 0700 AIIContact (0700 2442 6682 28)

Vacancies

A career at AIICO Insurance Plc. affords a truly unique experience which offers more than just the opportunity to work for a strong, stable and value- rich company. A career at AIICO is an opportunity to be part of a company with a strong legacy, a dynamic structure, a futuristic outlook and a company that continuously impacts the society in many positive ways.

AIICO affords its employees an unparalleled foundation on which to build their careers, creating the opportunity of being part of a bright, interesting and experienced team working together to chart new paths in the insurance sector. We offer not only an opportunity to build your career and realize your potentials but the rare chance to make a difference in the lives of our diverse clientele and the society at large.



THRIVE PROFESSIONALLY AND PERSONALLY AT AIICO INSURANCE PLC


At AIICO Insurance Plc., we believe in fostering an environment where individuals excel, both personally and professionally. We offer a comprehensive employee value proposition designed to empower you, support your well-being, and fuel your career aspirations.

We offer:

  • Stress-Free Work-Life: Hybrid work schedules, competitive leave, and reliable transportation.
  • Holistic Wellbeing: Health & wellness programs, and subsidized gym memberships.
  • Grow with Us: Sponsorship for professional certifications, coaching, learning and development opportunities, and more.

At AIICO, we recognize that our employees are our greatest asset. We are committed to fostering a supportive culture where you feel valued, respected, and empowered to achieve your full potential. Join us and embark on a rewarding career journey that makes a difference.

Currently Available positions

location

Lagos, Nigeria

Job Cateogry

LEGAL OFFICER

Closing date

The Legal Officer shall be responsible for monitoring and/or advising on all legal matters, commercial contracts, and agreements. The Legal Officer shall also ensure the Company complies with the statutory and corporate governance practices and guidelines as observed in the insurance industry, as well as engage in interaction with law enforcement agencies.

ROLES AND RESPONSIBILITIES

  • Review and draft contracts, agreements and internal policies and ensure that they are in compliance with all statutory or legal requirements.
  • Liaising with law enforcement agencies on financial related legal matters.
  • Assist in the development of guidelines, policies, procedures.
  • Provide internal advisory services to the business units and departments within the Company.
  • Monitor the maintenance of the registers and other records required to be maintained by the Company under the Companies and Allied Matters Act (CAMA).
  • Attend court proceedings and liaise with external legal counsel to obtain regular updates on pending cases in court, and negotiating amicable settlement of disputes by or against the Company.
  • Provide all such other administrative, legal and secretarial duties as directed by the Company Secretary.

CORE COMPETENCIES

  • Contract law expertise.
  • Commercial awareness to understand business objectives.
  • Proficiency in regulatory compliance.
  • Excellent communication and negotiation skills.
  • Thorough legal research and drafting skills.
  • The ability to work effectively in a team and manage relationships with clients.

FUNCTIONAL COMPETENCIES

  • Attention to detail, and adaptability to changing regulations.
  • Effective stakeholder management through communication and relationship-building.
  • A high degree of professionalism and ethical judgment.
  • Strong analytical and problem-solving skills.
  • Effective time management and organizational abilities.

EDUCATION AND EXPERIENCE

  • LLB, BL
  • 3-8 years post call experience
  • At least 2 years litigation experience

location

Lagos, Nigeria

Job Cateogry

NON-LIFE UNDERWRITER

Closing date

Retail Non-Life Underwriting team is seeking to recruit a young, self-motivated, and talented staff to join the team as a Non-Life Underwriter. The successful candidate will assist the rest of the team to identify business' needs and implement plans to actualize the organization’s goals.

ROLE COMPLEXITY

  • Candidate must be intuitive.
  • Assessment of risk from end-to-end.
  • Analytical and ability to pay attention to details.

ROLES AND RESPONSIBILITIES

  • Preparation of quotations for customers/Agents.
  • Processing of incoming mails as they come.
  • Develop and maintain strong relationships and credibility with the sales force/agents/direct clients.
  • Ensure that all underwriting records and files of clients are updated every time.
  • Ensure issuance of certificates to clients as at within the SLA.
  • Deliver policy documents within 48 hours.
  • Ensure that Auto/Fire policies are done to survey/inspection team for pre-loss inspection /survey and risk improvement recommendations communicated to the insured
  • Prepare renewal notices 2 months before renewal and deliver to agents/clients within the assigned time.
  • Ensure that any policy with a loss ratio above 70% is escalated to higher authorities.
  • Ensure compliance with the KYC/CFT requirements of the company in respect of both new and renewal businesses.
  • Ensure that Auto/Fire policies within the retail province are sent to survey/inspection team for pre-loss inspection /survey and follow-up until the survey is carried out and risk improvement recommendations communicated to the insured.
  • Ensure debit notes are issued and a receipt obtained in respect of all transactions within 48 hours.
  • Acknowledge all emails and diarize for follow-up within 2 hours.
  • Deliver endorsements in respect of all policy alterations and renewals.
  • Any other functions as deemed necessary by the team lead for the unit.

CORE COMPETENCIES

  • Excellent verbal and written communication skills
  • Must have eyes for details, and must be able to work with little or no supervision.
  • Knowledgeable in excel skills.
  • Must possess strong underwriting skill in non-life business.
  • Excellent inter-personal relationship skill.

FUNCTIONAL COMPETENCIES

  • Proficient in the use of Microsoft applications and spreadsheet, Particularly Word, Excel, PowerPoint, and Project and InfoPath.
  • Must possess relationship management, analytical & problem-solving skills.
  • A bit of claim knowledge is an additional advantage.

EDUCATION AND EXPERIENCE

  • EDUCATION:
    • Insurance Background or other relevant fields
  • PROFESSIONAL QUALIFICATION:
    • Optional
  • EXPERIENCE:
    • Experience in Non-life Underwriting or closely related roles.

location

Lagos, Nigeria

Job Cateogry

GROUP LIFE UNDERWRITER

Closing date

Review of proposed risks, group life underwriting and administration of schemes portfolio. Clients and brokers handling, monthly reconciliation with finance and IT team and any other assigned tasks.

ROLES AND RESPONSIBILITIES

  • Preparation of Group Life Quotation.
  • Preparation of Policy Documents for new client.
  • Medical underwriting.
  • Registration of New Business on Turnquest.
  • Processing of Claims settlement in conjunction with claims & Benefit Unit.
  • Maintaining Group Life Database Portfolio.
  • Settling of Brokers or Agents Commission.
  • Client’s Services.
  • Maintaining of Client’s Record and servicing.
  • Preparation of Renewal Notices.
  • Preparation of group life insurance certificate.
  • Daily Input Of Transactions On Turnquest Database.
  • Brokers Management.
  • Preparation of weekly production report.
  • Monthly Preparation of Production report for actuarial valuation.
  • NAICOM monthly report.
  • EDMS upload of transactions.
  • Responsible for coordinating the unit’s schemes and providing support to the sales team in achieving set targets.

CORE COMPETENCIES

  • Must be thorough and pay attention to details.
  • The ability to work well with others.
  • Excellent Writing & verbal communication skill.
  • Administration skill.
  • Ability to use your judgement and make decisions.
  • Ability to work with little or no supervision.

FUNCTIONAL COMPETENCIES

  • Analytical thinking skills.
  • Maths Skill.
  • Ability to review and access risk.
  • Interpersonal skills and ability to influence other.
  • Hands on Microsoft Office suite.
  • Ability to work under pressure.

EDUCATION AND EXPERIENCE

  • Bsc. in any social science course or relevant field, Masters in relevant discipline will be an added advantage
  • ACIIN
  • Not less than 8 years

location

Lagos, Nigeria

Job Cateogry

GROUP LIFE SALES OFFICER

Closing date

Developing market for Group Life products.

ROLES AND RESPONSIBILITIES

  • To prospect for sales and develop market for Group Life products.
  • To grow and retain existing accounts.
  • To develop and manage relationship with clients and brokers.
  • To provide market intelligence, customer feedback and monitor competitors activities.
  • To identify new business opportunities for market development.
  • Responsible for service delivery in the assigned area.
  • Prepare and present reports on sales.
  • Responsible for sales presentation.
  • Collaborates with the technical team to enhance product offerings.
  • To perform any other duties that may be assigned by the team lead.

CORE COMPETENCIES

  • Effective Communication.
  • Relationship Building.
  • Decision Making.
  • Analytical.
  • Problem Solving.

FUNCTIONAL COMPETENCIES

  • Lead Generatiopn and Pipeline Management.
  • Product Knowledge.
  • Presentation Skill.
  • Persuation Skills.
  • Negotiation.

EDUCATION AND EXPERIENCE

  • First Degree.
  • CIIN- Qualified or Partly Qualified
  • Minimum of three years

location

Lagos, Nigeria

Job Cateogry

CREDIT CONTROL OFFICER

Closing date

The Credit Control Officer is responsible for managing and controlling the company’s receivables / payables, ensuring both brokers and insurance company accounts are properly reconciled.

ROLES AND RESPONSIBILITIES

  • Reconcile brokers and insurance company accounts, ensuring all premiums, claims, and payments are accurately recorded.
  • Timely payout of commission earned to the brokers and agents.
  • Timely payout of coinsurance payments Naira / USD.
  • Prompt journal raising and posting, with other delegated tasks.
  • Prepare regular reports on outstanding debit notes, providing analysis on aging accounts and overdue payments.
  • Reconciliation of claims recoveries.
  • Attend to internal and external audit request.

CORE COMPETENCIES

  • COMMUNICATION: Strong written and verbal communication skills to liaise with clients and internal teams effectively.
  • PROBLEM-SOLVING: Proactive in identifying and resolving payment issues or customer concerns.

FUNCTIONAL COMPETENCIES

  • TECHNOLOGY PROFICIENCY: Proficient in using accounting software, spreadsheets (e.g., Excel), and other financial tools.

EDUCATION AND EXPERIENCE

  • EDUCATION:
    • BSc/BA in accounting, finance or relevant field.
  • PROFESSIONAL QUALIFICATION:
    • Professional certifications such as ACA, ACCA, etc is an added advantage.