Insurance Analyst Job at MTN Nigeria Communications Limited

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Job Title: Insurance Analyst

Job ID: 2005  

Location: Lagos, Nigeria

Division: Finance

Employment Status: Permanent

Employer: MTN Nigeria Communications Limited

Job Description:

•   Prepare Policy renewal supporting documents

•   Prepare schedules for premium payments.

•   Maintain electronic and hard-copy filing structure for all insurance related documents.

•   Advise how new exposures are to be treated; whether as new covers or extensions to existing policy and makes recommendation to management

•   Responsible for identifying best fit risk management measures that will make MTNN local policy risks acceptable to underwriters

•   Implementing the risk management procedure in conjunction with relevant units and following up to ensure compliance

•   Managing the claims experience between MTNN units or end users and Insurers and ensuring that claims are kept at acceptable ratios.

•   Gathering relevant documentation for insurance claim processing and liaising with external parties on resolution of 3rd party claims

•   Providing statistical information to [loss ratio, premium savings sum insured growth] to support recommendations to management.

•   Provide and analyze data for MTN Nigeria Insurance Budget; Review Budget Vs Actual and identify causative factor for variance.

•   Articulates and participates in claims settlement and negotiation procedures; verification of Insurance offer to confirm its Conformity with the agreed contract terms.

•   Prepare assessment basis for MTN Group Insurance Program for submission to Group

•   Monthly analysis of Amortization Schedule and ensure accuracy of General Ledger

Job Conditions:

•   Normal MTNN working conditions

•   May be required to work extended hours

Reporting To: Insurance Manager

Required Skills:

•   A first degree in Insurance or any other related discipline and CIIN

•   Minimum of 4 years work experience comprising:

•   Experience in Insurance Operations in an insurance company

•   Vast knowledge of the Insurance Industry

Qualification: A first degree in Insurance or any other related discipline and CIIN

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