Jobs in a Non-Banking Financial Institution via Fosad

Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and

Real Estate Consulting. We leverage our expertise and strategic alliances to support businesses. Our proposition is based on a deep understanding of the drivers of high performing businesses and the required business solutions that supports it. We work with clients to support their non-core business tasks to strategically position them for business success.

Head of Claims

 

Company Description

Our client, a non-banking financial institution is looking to recruit a Head of Claims who will amongst other things be responsible for analysing information to identify areas of risks within the claims group proportionate to the risks inherent in business activities.
Job Description

• Reviewing the register of claims and ensure all notified claims are duly registered.
• Ensuring that surveys are conducted for claims above agreed threshold
• Ensuring that no ex-gratia settlement offer is made without the approval of the CEO
• Ensuring that reinsurers are promptly notified of claims above the company’s retention.
• Ensuring claims management and internal control processes are consistently applied across the claims unit.
• Analysing information to identify areas of risks within the claims group proportionate to the risks inherent in business activities.
• Ensuring operational/business risks have been considered and risk management options are communicated to the Head of Risk.
• Ensuring that regulatory issues found through the claims monitoring process are properly escalated to the relevant business areas and followed up on. 

Education

Bachelor’s Degree in any social science field
Professional Certification in Insurance

Experience

A minimum of 7 years’ work experience in Claims and Underwriting

Skills

• Excellent Communication skills
• Advanced Financial Analysis
• Advanced Analytical Skills
• Advanced IT skills
• Expert Business Writing
• Advanced Negotiation Skills
• Expert Presentation skills
• Expert Relationship Management
• Communication in spoken and written english

Finance Manager

Company Description

Our client, a non-banking financial institution is looking to recruit a Finance Manager who will amongst other things bring innovative and strategic ideas that can drive the company’s business.
The Finance Manager is responsible for the financial administration for the company and its subsidiaries in his/her region. 
The objective is to provide accurate financial information, mitigating financial and legal risks, to support the expansion of the business and to optimise processes and economic performance.
Job Description

• The Finance manager will carry out monthly reconciliation of Re – Insurance Treaty and Accounting, Reconciliation of production report and Claims reports.
• Carry out accounts payable duties such as cash flow management and weekly report.
• Review and reconciliation of all general ledger accounts on weekly and monthly basis.
• Preparation of statutory audit schedule and monthly management account.
• Execute budgetary control activities.
• Investment portfolio, Statutory, ERM reporting and monitoring in line with NAICOM Filters
• Solvency monitoring / Asset cover management.
• Preparation of Valuation data and loan policy data.
• Coordinating the debts and existing creditors of the company
• Managing all money borrowed or owed to the business
• Handle timely and effective collection of all bets and customers payment
• Clients account reconciliation-investigation and answering of queries
• Making recommendation on debt recovery to the management
• Formulation and reviewing of company’s credit policy
• Builds and maintains close links with all customers for smooth business operation
• Preparation of relevant credit control reports to the regulatory authority .e.g. Naicom, NDIC etcEducation

• Bachelor’s Degree in Banking and Finance, Economics or any related field
• Professional Certification in Accounting is a must i.e. ICAN

Experience

• A minimum of 10 years’ experience in a Finance Unit of a viable Insurance Industry.
• Experience as a Credit Controller, Hands on experience in regulatory activities including IFRS reporting. 

Skills

• Excellent Communication skills (English): Spoken and written
• Moderate Analytical Skills
• Moderate IT skills
• Basic Business Writing
• Moderate Negotiation Skills
• Basic Presentation skills 

Method of Application

Interested and suitably qualified candidates should click here to apply online.

Jobs in a Non-Banking Financial Institution via Fosad