Job Description:
In liaison with the Legal Officer, the job holder will be responsible for identifying external and internal risks that the company may face, evaluating the likely effect of these risks, introducing a range of control measures and monitoring and evaluating the success of these measures.
To provide services, and ensure that company properly is insured.
Key Tasks and Job Responsibilities:
Assessing various risks for the company and preparing a risk mitigation program.
Carrying out annual risk inspection and coordinating surveys as requested by underwriters.
Arranging for loss prevention/seminars or sensitization of staff to appraise them on risk prevention or reduction
Arranging for accident investigation and surveys
Liaising with the relevant heads of departments for implementation of recommendations made by the underwriters, surveyors/inspectors as a way of loss management so as reduce on ‘down time’.
Evaluating the nature, working, scope of cover for the Company’s insurance policies
Liaising with the Legal Officer to ensure that the premiums paid are compatible with risks covered and as proposed at quotation stage
Exercising supervision and giving guidance to staff in Lodging of claims
Maintaining and updating all insurance policies and endorsement for addition or disposal of assets
Updating schedule of assets
Liaising with insurance companies and brokers for timely issuance of policies & settlement of claims
To advise staff on claim procedures.
Timely settlement of premiums.
Qualification and Experience
Diploma in Insurance / law / commerce / risk management or any other relevant field.
Computer literate
Professional certification in CPA, ACII or CFA will be an added advantage
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