Author Topic: Team Lead, Insurance Job Vacancy at Addax Petroleum Nigeria  (Read 567 times)


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Job Title: Team Lead, Insurance

Job Number: 001426

Location: Nigeria

Organisation: Addax Petroleum is a subsidiary of the Sinopec Group

Position Description:

•   Develop, monitor and continually evaluate insurance programs and strategies, to ensure optimal coveage and in so doing, communicate risk issues affecting company.

•   Develop strategies for the various types of insurance with the aim of optimizing coverage balanced against premium paid, and where necessary, introduce new workable approaches to ensure process improvement.

•   Ensure continued total elimination of fronting fees in line with increased participation of Nigerian underwriters in insurance placement and vigorously pursue and obtain timely settlement of valid insurance claims.

•   Engage internal clients to determine their insurance requirements and develop appropriate mechanism to communicate outcome of such engagement to stakeholders.

•   Addressing multiplicity of insurance issues raised by internal and external stakeholders.

•   Negotiate competitive insurance rates and terms with both the local and foreign underwriters to obtain the best result for company, by optimising relationships with stakeholders to attain their buy-in in the overall company interest.

Position Requirements:

•   A Bachelor’sdegree (minimum of second class, lower division) in accounting, finance, social or actuarial aciences and minimum of 8 years relevant experience in oil and gas industry.

•   Membership of a professional body such as ACA/ACCA is desirable.  

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