Subscribe to our special offer
Unlock exclusive content and special offers—subscribe now!
No, thanks
Careers
The world is rapidly evolving, with Technology and other trends which ultimately re-enforce the need for smart, goal-oriented individuals who can align with our corporate vision.
Vacancy
Guinea Insurance Plc, a leading risk management solution provider, known to provide peace of mind through assurance to all stakeholders is seeking applications from suitable qualified individuals for Underwriting Executive;
Job Title: Underwriting Executive
Contract Type: Permanent
Work Mode: Hybrid (3 days onsite, 2 days remote)
Location: Jibowu, Lagos
Reports To: Head, Underwriting
Job Overview: You will be responsible for implementing guidelines that ensure a balanced ratio of favorable risks, minimizing claim costs, and enabling the company to provide insurance at a competitive price.
Job Responsibilities;
• Review insurance applications for compliance and adherence
• Assess clients’ background information and financial status
• Liaise with specialists to gather information and opinions
• Weigh loss exposures and determine underwriting alternatives
• Draw up quotes for competitive insurance premiums
• Negotiate and define the specific terms of insurance policies with brokers or policyholders.
• Keep detailed records of policies underwritten and decisions made
• Balance between mass and homogeneity of risks to achieve predictability of future results
• Develop and maintain a profitable book of business for the insurer
• Follow applicable insurance laws
Requirements;
• First degree in Insurance, Bus. Admin, Finance or related field
• Professional certification in Chartered Institute of Insurance of Nigeria (CIIN) is an added advantage
• Minimum of 4 years progressive work experience as an Insurance Underwriter.
• Strong knowledge and skills in risk assessment and policy analysis.
• Sensible judgement and attention to detail
• Confident decision-making skills
• Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposures
• Proven numeracy and statistical skills
Interested and qualified candidates should send their applications and curriculum vitae to recruitment@guineainsurance.com not later than 15th May, 2025.
Job Title: Finance Executive
Contract Type: Permanent.
Location: Yaba, Lagos.
Work Type: Hybrid (3 days onsite, 2 days remote)
Reports to : Executive Director, Finance & Corporate Services.
Job Overview : We are seeking a highly motivated and competent Finance Executive to join our team
and drive the expansion of our business. Your primary responsibility is to manage the company’s
financial records and transactions, including accounts payable and receivables.
Job Responsibilities:
1. Daily reconciliations and reviews of General Ledgers.
2. Monthly preparation of Depreciation Schedule, raising journals and posting the journals
raised in NCV.
3• Monthly preparation of Prepayment Amortization Schedule, raising journals and posting
the journals raised in NCV.
4• Monthly preparation of Accrued Expenses Amortization Schedule, raising journals and
posting the journals raised in NCV.
5• Monthly Reconciliation of Underwriting unit Report of GPW and Unexpired Risks with GL,
preparing the schedule of reconciled report, raising the necessary journals, and posting in
NCV.
6• Monthly Reconciliation of Claim unit Report of Outstanding Claims Paid and Recoverable
with GL, preparing the schedule of reconciled report, raising the necessary journals, and
posting in NCV.
7• Monthly Reconciliation of Reinsurance unit Report of Reinsurance Assets and Unearned
Reinsurance Commission with GL, preparing the schedule of reconciled report, raising the
necessary journals, and posting in NCV.
Responding to Internal Audit Queries.
8• Any other responsibility (s) as assigned by the ED, Finance & Corporate Services
Requirements.
• First degree in Accounting
• Must be a Chartered Accountant -ICAN
• Minimum of 3 years progressive and related experience in relevant field
• Stockbroking experience in a financial institution would be an added advantage.
Interested and qualified candidates should send their applications and Curriculum Vitae to
recruitment@guineainsurance.com not later than 17th February, 2025.
Method of Application: Qualified and interested candidates should please forward their CVs to recruitment@guineainsurance.com not later than Monday,10th February 2025.
Position is located at the Head office, Ikorodu Road, Lagos
Please note that only shortlisted candidates will be contacted.
Need Support?
Need help? Chat with us
We are using cookies to give you the best experience on our website.By clicking "Accept", you consent to the use of all cookies.You can find out more by checking our cookies policy and privacy policy.