INSURANCE ANALYST AT DANGOTE GROUP | INSURANCE ANALYST JOBS IN LAGOS

About Company:

Dangote Group is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.

Job Description:

We are seeking a high-integrity, data-driven Insurance Analyst to join the Dangote Group’s risk management team. In this role, you will be a critical guardian of the Group’s extensive General and Life Insurance portfolios. You will be tasked with optimizing our insurance spend, ensuring 100% cover precision for our transport fleet, and streamlining the claims recovery process. If you are a detail-oriented professional with a "Zero Tolerance" mindset for waste and a talent for complex claims administration, this is an opportunity to manage one of the largest corporate insurance portfolios in Africa.

Requirements:

1. Portfolio Optimization & Underwriting

• Policy Placement: Manage the seamless placement of insurance policies and ensure prompt premium payments across all Business Units (BUs).

• Asset Accuracy: Execute a "Zero Tolerance" policy for insuring non-operational vehicles; implement rigorous audit processes to ensure only active trucks and vehicles are covered.

• Database Integrity: Coordinate comprehensive data gathering to build a high-quality risk management database, enabling optimized coverage and cost-efficiency.

2. Claims Administration & Recovery

• End-to-End Claims Management: Oversee the administration of insurance claims, collating all necessary documentation to eliminate delays caused by incomplete filings.

• Stakeholder Liaison: Act as the primary interface between the Group and Adjusters, Brokers, Insurers, and Risk Surveyors to expedite the recovery process.

• Claims Ratio Reduction: Proactively follow up with brokers to ensure timely settlements, aiming for a 10% reduction in claims ratios across relevant BUs.

3. Risk Management & Awareness

• Reputational Risk: Manage risk activities within the Transport division to protect the corporate image and maintain a strong public profile.

• Technical Support: Assist Dangote Plants in the implementation of risk survey recommendations to mitigate operational hazards.

• Knowledge Transfer: Design and deliver periodic training programs for staff to increase insurance awareness and improve the quality of documentation across the Group.

Qualifications and Skills:

Professional Background

• Education: BSc / HND in Insurance or a related field of study.

• Experience: 2–3 years of active experience within an insurance company or a reputable insurance broking firm.

• Professional Membership: Membership of the Chartered Insurance Institute of Nigeria (CIIN) is highly desirable and considered an added advantage.

Core Competencies

• Industry Knowledge: Deep understanding of Nigerian insurance laws, practices, and underwriting standards.

• Analytical Skills: Ability to analyze large datasets to identify gaps in coverage or trends in claims.

• Stakeholder Management: Exceptional interpersonal skills to manage relationships with internal plant managers and external service providers.

• Communication: Excellent verbal and written skills for high-level management reporting and training delivery.

Salary

Application Closing Date: Not specified

Application Instructions:

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