Closing: Oct 10, 2023
9 days remainingPublished: Sep 14, 2023 (17 days ago)
Job Requirements
Education:
Work experience:
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Job Summary
Contract Type:
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Qualifications
- Bachelor's Degree in Risk Management, Actuarial Science, Mathematics, Statistics, or a related field. Master's Degree is a plus.
- Years of experience as an Insurance Risk Analyst or in a similar role within the insurance sector.
- Strong understanding of insurance products, policies, and underwriting processes.
- Proficiency in data analysis and statistical modeling techniques.
- Familiarity with risk assessment software and tools.
- Excellent communication skills, both written and verbal, to convey complex risk analysis to various stakeholders.
- Detail-oriented with strong problem-solving skills.
- Ability to work collaboratively within cross-functional teams.
- Knowledge of regulatory compliance within the insurance industry.
- Professional certifications such as the Chartered Insurance Institute of Nigeria (CIIN) is a plus.
Pay
- N500,000 monthly (Subject to increase based on the quality of the candidate).
Responsibilities
Qualifications
- Bachelor's Degree in Risk Management, Actuarial Science, Mathematics, Statistics, or a related field. Master's Degree is a plus.
- Years of experience as an Insurance Risk Analyst or in a similar role within the insurance sector.
- Strong understanding of insurance products, policies, and underwriting processes.
- Proficiency in data analysis and statistical modeling techniques.
- Familiarity with risk assessment software and tools.
- Excellent communication skills, both written and verbal, to convey complex risk analysis to various stakeholders.
- Detail-oriented with strong problem-solving skills.
- Ability to work collaboratively within cross-functional teams.
- Knowledge of regulatory compliance within the insurance industry.
- Professional certifications such as the Chartered Insurance Institute of Nigeria (CIIN) is a plus.
Pay
- N500,000 monthly (Subject to increase based on the quality of the candidate).
- Risk Assessment: Analyze and evaluate potential risks related to insurance policies, claims, and underwriting processes. Identify and quantify risks associated with various insurance products.
- Data Analysis: Utilize statistical methods to analyze large datasets, identifying trends, patterns, and anomalies that could impact risk exposure. Collaborate with data teams to ensure accurate and timely data retrieval and interpretation.
- Modeling and Forecasting: Develop and maintain predictive models to assess the likelihood of different risk events occurring. Use historical data to forecast potential losses and contribute to pricing strategies.
- Risk Mitigation Strategies: Collaborate with cross-functional teams to develop strategies for minimizing risks. Recommend improvements to policies, procedures, and guidelines to enhance risk management efforts.
- Regulatory Compliance: Stay up-to-date with industry regulations and compliance standards. Ensure all risk assessment processes and strategies adhere to regulatory requirements.
- Reporting: Prepare comprehensive risk assessment reports for internal stakeholders and management. Clearly communicate complex risk analysis findings to non-technical audiences.
- Collaboration: Work closely with underwriters, claims professionals, actuaries, and other relevant teams to gather information and insights that contribute to a holistic risk assessment.
- Continuous Improvement: Identify opportunities to enhance risk assessment methodologies, streamline processes, and improve overall efficiency.
- Emerging Trends: Stay informed about emerging risks and trends in the insurance industry. Proactively provide insights on how these trends might impact the company's risk profile.
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