Ongoing Job Recruitment at Adeeva Capital Limited

Reports To: Managing Director
Direct Reports: Underwriters
Duration: Continuous

Job Purpose

• The role holder will be required to provide effective managerial skills to Adeeva Insurance Underwriting teams across the region in order to deliver profitable growth.

Job Duties

• Ensure that the standard insurance business placement processes through claims processing are followed religiously
• Study the Insured line of business to determine associated risk types and likely Policies
• Study and Review Insurance proposals and seek to improve terms
• Properly Assess and analyze prospective Insured background information
• Schedule meetings with Insurers to determine risk assessment in unique circumstances
• Layout and finalize insurance policies applying specific terms and conditions as agreed upon by the Insured
• Liaise with the Insurers to determine the premium due based upon informed judgment, competitors and market pricing
• Ensure that premiums are competitive and that accounts remain profitable
• Review insurance claims and terms
• Review policies and help with policy wording ensuring that the Insured is properly protected
• Keep detailed and accurate records of policies underwritten and decisions made.
• Review of Tenders/EOI to ensure compliance with tender requirements
• Prepare all regulatory returns (Monthly, quarterly, half-yearly, and yearly) as far as it concerns Technical department
• Review all policy documents / endorsement and post-placement report on Insured insurance programs.

Person Specification & Additional Requirements

• A Degree in Insurance or related discipline.
• Strong numeracy, analytical, and strategy skills
• Good research skills and conversant with the current trends in the global Insurance industry most especially Nigeria Insurance Market Place
• A professional approach to work, integrity, and respect for ethics
• IT competence and computer literacy are compulsory
• Negotiation skills, written and oral communication skills
• The confidence to relate to a range of people and to challenge people when necessary.
• The ability to explain complex issues and present technical information.

Department: Marketing
Reports To: Managing Director
Direct Reports: Marketers
Duration: Continuous

Job Purpose

• As the Head of Marketing, you will take Adeeva Insurance marketing experience to the next level by serving as the point person for developing, creating, and implementing online and offline marketing campaigns that support our public relations, insurance sales representatives, and team members, and reach our customers who are seeking ways to safeguard against the risks of everyday life.

Job Duties

• Map out the development of business/sales strategy plans  Generate leads, meet with clients, complete a financial needs analysis, and present them with
• customized financial proposals. You should thereafter discuss and market insurance options that
• suit their needs  Work with Technical Department to assess clients’ financial portfolios and analyzing clients’ risks  Stay up to date with the latest products and their benefits and inform clients of these offerings,
• offer specialized guidance and advice on areas of concern that would empower people to live
• better lives.  Conducting customer and market research and identifying the position of the company’s brand in
• the target market  Ensures that the assigned target is achieved during the period/year  Regularly source for new customers to further deepen the company customer base
• Organize and participate in sales activations events to boost brand awareness and increase sales  Advise the management regularly on industry trends in terms of risk inclination and pricing
• Ensures documentation and KYC processes are in line with the company policy
• Core Service Team Functions – Business Developement  Build networks with key and relevant organizations to create a positive identification with the company brand
• Develop appropriate marketing campaigns for the company’s products  Ensure customers and clients are satisfied with service delivery by serving them excellently
• Ensure customers receivables/payments are monitored and collected promptly
• Work with Technical and Finance departments to ensure seamless flow of work
• Responsible for BID/EOI responses end-to-end whilst working with other Departments

Person Specification & Additional Requirements

• A University Degree is relevant while Bachelor’s Degree in Marketing Communications, Advertising, or other related field is required
• 10 years experience in a similar capacity
• Membership of necessary insurance professional bodies e.g. CIIN is an added advantage
• Wide knowledge of the insurance industry.
• Must be computer proficient
• Ability to lead a team and use sound ju

Head of Accounts & Finance: Lagos

Department: Accounts & Finance
Reports To: Managing Director
Direct Reports: Sales Support, Clerk
Duration: Continuous

Job Purpose

• The Head of Accounts/Finance will be responsible for planning Adeeva Insurance financial strategy, protecting the company’s revenues and profits so as to achieve full and sustainable growth.

Job Duties

• Preparation and Presentation of Company Annual Reports & Accounts.
• Preparation of Premium Remittance to the Underwriters.
• Preparation of Commission Remittance to Co-Brokers
• Preparation of Monthly, Quarterly, Bi-Annual and Annual Reports to NAICOM. Attending to Regulatory issues viz; NAICOM, FIRS, SBIR, PENCOM, ITF, NSITF etc. for compliance
• Supervising Monthly Filling and Annual Return to NAICOM, FIRS, LIRS, PENCOM, ITF and NSITF, etc
• Ensuring that all Bank accounts are maintained as instructed by the regulators. i.e Client & Commission Account.
• Keep the MD abreast of the organisation’s financial status.
• Update and maintain accounting journals, ledgers, and other records detailing financial business transactions (i.e. disbursements, expense vouchers, receipts, accounts payable).
• Report periodically to the MD and regulatory authorities in line with relevant contractual framework and timelines
• Maintain financial security and confidentiality by following internal control procedure(s).
• Assist with payroll system and payroll-related items.
• Ensure computation, preparation, payment, and filing of taxes accurately.
• Ensure statutory compliance with Federal and State financial laws and regulations by studying existing and new legislation, adhering to requirements, and advising the MD when required.
• Assist with administrative functions to ensure efficient and consistent operations within the organization.

Person Specification & Additional Requirements

• M.Sc / MBA / Professional Qualification in ICAN or ACCA is an added advantage.
• Minimum of 5 years of work experience in Audit, Finance, or Accounting.
• Excellent knowledge of data analysis and financial modeling.
• Must be very tech-savvy.
• Proficient in the use of MS Office tools
• Strong leadership and organizational skills.
• Excellent communication and people management skills are compulsory
• Ability to use sound judgment.

Department: Underwriting
Reports To: Head, Technical Underwriting
Direct Reports: None
Duration: Continuous

Job Purpose

• To analyse risk in insurance proposals, determine policy terms and calculate premiums on the basis of actuarial, statistical, and background information.

Job Duties

• Ensure that the standard insurance business placement processes through claims processing are followed religiously
• Study the Insured line of business to determine associated risk types and likely Policies
• Study and Review Insurance proposals and seek to improve terms
• Properly Assess and analyze prospective Insured background information
• Schedule meetings with Insurers to determine risk assessment in unique circumstances
• Layout and finalize insurance policies applying specific terms and conditions as agreed upon by the Insured
• Liaise with the Insurers to determine the premium due based upon informed judgment, competitors and market pricing
• Ensure that premiums are competitive and that accounts remain profitable
• Review insurance claims and terms
• Review policies and help with policy wording ensuring that the Insured is properly protected
• Keep detailed and accurate records of policies underwritten and decisions made.
• Review of Tenders/EOI to ensure compliance with tender requirements
• Prepare all regulatory returns (Monthly, quarterly, half-yearly, and yearly) as far as it concerns Technical department
• Review all policy documents/endorsement and post-placement report on Insured insurance programs

Person Specification & Additional Requirements

• Minimum of 5 years of work experience
• Excellent calculation and statistics skill
• Attention to detail and analytics skills
• Verbal and written communication skills
• Negotiation and interpersonal skills
• Must be very tech-savvy.
• Strong organizational skills
• Excellent communication and people management skills are compulsory
• Ability to use sound judgment.