Leadway Assurance Jobs in Nigeria

Latest job vacancies at Leadway Assurance jobs in Nigeria

Leadway Assurance Company, also known as Leadway, is a Nigerian insurance corporation headquartered in Lagos, Nigeria. It is one of Nigeria’s largest insurance companies.[3] Leadway provides commercial and personal property and casualty insurance, travel insurance and life insurance. The company’s financial capacity grew over time, and can now underwrite risks of very high magnitude as regards heavy industries, such as Oil and Gas and big manufacturing concerns. It also offers subsidiary financial services like Bond, Secured Credit, Miscellaneous financial losses and Fund/Portfolio management

Jobs Recruitment at Leadway Assurance

January 30, 2023

Leadway Assurance Company Limited Graduate Trainee Programme 2023

December 8, 2022 

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Leadway Assurance Company Job Title: Graduate Trainee Location: LagosJob Type: Full-timeDuration: The duration of the progam will be three (3) months Qualifications Not more than 28 years by December 31, 2022… Read more here

Team Lead, Bancassurance

Job Ref.: 2200006J
Location: Lagos
Job Type: Full-time
Schedule: Regular
Job: Commercial
Shift: Standard
Division/Department: Retail
Reports to: Associate Director, Life Retail

Job Objective

  • This role is responsible as a Technical Reference point between the LAC and its various Bancassurance partners/customers to achieve the strategic objectives of the Company through the implementation of quality control checks on policies, moreso, to ensure concise matching & upload of adequate premium for any classes of risk proposed. 
  • The role entails building and maintaining close rapport between the company and its clients. 
  • To analyse risks and develop solutions for clients’ needs as well as collating, sorting, processing and interpreting any request relating to life and non-life business & operations.

Dimensions of the Job

  • Managing the Retail / Bancassurance relationship between LAC and our various partners
  • Increase Premium Income from various partners
  • Monitoring the operations of underwriting of Bancassurance to ensure the adequacy and effectiveness
  • Conducting various spot checks and review exercise across all business units.
  • Supervising Daily bank reconciliation.
  • Ensuring the effective implementation of management policies and procedures and also to Monitor Compliance with Regulatory / Statutory requirements.

Key Result Areas – Job Output

Tasks and Activities KRA’s
Relationship Management:

  • process by which business relationships are established
  • Providing customer relationship management services to our Bank customers and account officers.    
  • managed leading to the ultimate conclusion of transactions
  • Ensuring adequate capturing of all Bank transactions via receipting and monthly reconciliation

Operations Management:

  • Handling of  Enquiries
  • Processing of Insurance Requests
  • Premium Collection Processing
  • Renewal of Expired Businesses
  • Report Submission

Performance Management:

  • Agree and set yearly target for each Relationship Officer
  • Develop and ensure that each Relationship Officer achieves agreed yearly target
  • Agree and set yearly volume  target for each partner bank
  • Develop and Ensure monthly target of each partner is achieved
  • Develop and Ensure addition of new partners yearly.
  • Coordinate activities of Sales Support in ensuring that performance of Relationship officer and partners are met on a monthly and yearly basis.

Knowledge, Skills and Behaviour
Educational qualifications  & functional / technical skills

  • A Bachelor’s Degree in Social or Management Science or related field
  • A professional qualification of CIIN or Marketing related fields an advantage
  • Advanced ability to develop and integrate HR strategies and initiatives with company’s business strategies with minimal supervision to no supervision
  • Excellent ability as a negotiator to influence our various partners for better business relationship

Relevant Experience:

  • Minimum of 7 years in Insurance, with at least 3 years of Management Experience. 

Attitude and Behavioral Traits:

  • Strong budget and management skills, including proven ability to coordinate project/process management.
  • Ability to deal with ambiguity, tight timelines, multiple priorities, and demanding customers, in a fast-moving, constantly changing environment
  • High degree of professionalism, maturity and confidentiality
  • Very good interpersonal and presentation skills
  • Strong People skills- Building Collaborative Relationships, Highly developed, demonstrated teamwork skills
  • Strong oral and written interpersonal skills

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Business Analyst

Job ID: 2200006H
Location: Lagos, Nigeria
Job: Technical
Division: Operations
Department: App Support & Analytics
Reports to: Head, App Support and Analytics
Organization: Leadway Assurance Company Limited
Work Locations: Lagos Office 121/123 Funsho Williams Avenue  lagos 
Schedule: Regular
Shift: Standard
Employee Status: Entry Level
Job Type: Full-time
Job Level: Day Job

Job Purpose Statement

  • The ideal candidate is analytical, a problem solver and a critical thinker. As a Business Analyst, you will use your knowledge, skills, and abilities to solve organizational information challenges and will use your critical thinking skills to identify business requirements before translating them into detailed instructions for execution.
  • The role will be responsible for collecting, demanding and documenting operational / working knowledge of various personal and commercial lines of insurance products / services and miscellaneous financial products and their business processes and compliance rules.
  • It will require working with internal stakeholders (Technical, Operations, Unified Digital Services, Information Technology, ePMO, Finance, Customer Experience, and Commercial) to understand the processes within the business and modify as required, by proffering technology and/or non-technology solutions for improvement.
  • You must have strong writing and communication skills and can build relationships with internal and external stakeholders and will perform a variety of critical tasks to support the day-to-day.

Job Objectives
These objectives will be achieved through the following:

  • Analyze and define business requirements
  • Collaborate with management in engaging stakeholder discussions to capture requirements and specifications based on such interaction with business users
  • Identify any problems with the current business process model and be able to establish and implement solutions to optimize this
  • Identify key stakeholders and understands how to work with them tailoring communication to their needs
  • Develop process flow maps and data processing logic
  • Oversee the implementation of approved process improvements
  • Identify requirements, process gaps and overlaps across the business to proffer improved business solutions.
  • Conduct ideation sessions with the internal team, for innovative solutions
  • As a thought leader for business processes, create and implement plans for identified business projects that promote increased efficiency and productivity for business approval
  • Perform, evaluate, and communicate thorough quality assurance at every stage of systems development
  • Determine and develop user requirements documentation for systems production, to ensure maximum usability 
  • Carry out training sessions and workshops to guide the business teams
  • Carry out periodic quality checks.

Job Dimensions Reporting Relationships: jobs that report to this position directly and indirectly:
Direct Reports: 

  • Head, App Support & Analytics.

Stakeholder Management: key stakeholders that the position holder will need to liaise / work with to be successful in this role:
Internal:

  • Technical
  • Commercial
  • Information Technology
  • Unified Digital Services
  • Finance
  • ePMO.

External:

  • N/A.

Decision-Making Authority / Mandates / Constraints: the decisions the position holder is empowered to make:

  • Aside all core functions and authorities ascribed therein; decisions are subject to approval by Head, Operations.

Work cycle and impact: time horizon and nature of impact (Planning):
This role has various work cycle and impact grouping:

  • This role has various work cycle and impact grouping.

Ideal Job Specification
Academic:

  • A good Bachelor’s Degree in the Arts or Sciences
  • A Master’s Degree is optional
  • A reputable and globally recognized Business Analyst certification.

Desired Work Experience:

  • Minimum of 4 years relevant business experience.

Leadway Assurance Core Values Behaviours (ISCORE)
Integrity:

  • Honesty, probity and uncompromised service consistently at all levels and with all stakeholders

Service:

  • A desire to help or meet the needs of others. The ability to respond to the changing needs of the customer while maintaining a high standard of quality

Customer Focus:

  • Customer Focus is the willingness and ability to give priority to customers, delivering high quality services which meet their needs

Openness:

  • Objective, Honest and direct in communicating feelings and stance on any issue that would help advance a circumstance or issue.

Respect for Individual:

  • The ability to hold each and every stakeholder in high esteem, and value their input in service/product development and delivery.

Excellence:

  • To continuously seek to provide exceptional product and service to support aspiration for life and business with high impact results.

Ideal Job Competencies
Strategic Thinker

  • Understands the overall ambitions/ strategy of the organization, and how  the ambitions can be realized

Critical Thinker and Inquisitive:

  • Analyze many business options and ensure the final solution meets every stakeholder’s needs and requirement. Ability to ask the right questions and probe till you get to a solution.

Negotiation Skills:

  • Able to negotiate different standpoints and come into an agreeable  resolution particularly in engaging in discussions and driving change management.

Analytical and Problem-solving Skills:

  •  Ability to recognize and define business problems and proffer solutions to them

Good Communication Skills:

  •  Ability to communicate effectively and efficiently whether written or verbal

Visual Modelling Skills:

  •  Ability to depict complex thoughts and processes into diagrams e.g. process flow maps, user cases, user stories, etc.

Technical & Behavioural Competencies
Results and Achievement Oriented:

  • Strives to achieve results, enjoys measuring others, being measured, and  being judged on performance standards and those of others he/she leads.

Good Leadership & Interpersonal Skills:

  • Strong inter-personal skills and leadership ability, which encourages and promotes enthusiasm and team spirit.

Flexible and Adaptable:

  • Ability to quickly adjust to new changing trends and remain effective  when faced with new challenges and responsibilities.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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