Thursday, 20 September 2012

INSURANCE ANALYST (CODE IA///67354)



Industry
 Oil & Gas / Mining

Specialization Banking / Finance / Insurance,
Minimum Qualification Degree
Required Experience 1 - 3 years
Application Deadline 2012-10-03
Oando PLC is one of Africa’s largest integrated energy solutions providers with a proud heritage. It has a primary listing on the Nigerian Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. With shared values of Teamwork, Respect, Integrity, Passion and Professionalism (TRIPP), the Oando Group comprises six companies who are leaders in their market.
They are looking for a suitably qualified candidate to fill this position
Job Summary
The Insurance Analyst provides general administrative and technical support to the Insurance Advisor. He/She is required to assist in the arrangement of insurance cover to protect the Company’s (Group’s) assets and operations, liaise with the brokers in processing insurance claims and handle the day-to-day administration of the group’s insurance portfolio.

Specific Duties & Responsibilities:
  • Manage the reporting and processing of claims made by the Company and ensuring that any money received is passed to the appropriate department/entity for payment into the correct account.
  • Ensure timely payment of insurance premiums group wide before the expiration of subsisting insurance policies and ensure that there is no exposure as a result of unpaid premiums.
  • Arrange basic Motor Vehicle Insurance, Marine Insurance and GIT Insurance whenever required.
  • Co-ordinate the process of additions and deletions to the schedule of the Company’s policies and ensure the relevant endorsements are issued and circulated to the requesting entities.
  • Process incoming and outgoing documents and correspondence.
  • Maintain an effective document and filing management system for all documents
  • relating to the company’s insurance portfolio.
  • Arrange the yearly renewal meetings with the Company’s brokers and collate updated list of assets per entity for discussion at the meetings.
  • Assist in the review of insurance provisions of contracts and agreements to which any of the Oando entities is a party.
  • Process all payments and expenses required of the Insurance Desk.
  • Perform other duties as may be assigned from time to time.

Qualifications & Experience:
  • Possession of an acceptable 1st degree in law/social sciences/insurance from a reputable tertiary institution.
  • Minimum of 2 years working experience in the insurance sector.
  • Strong Interpersonal skills.
  • Strong negotiation & communication skills.
  • Good report-writing capabilities.
  • Versatility in the use of Microsoft Excel.

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