INSURANCE MANAGER AT FMG EMPOWERMENT LTD

About Company:

FMG Platform is a pioneering Mentoring, Business Development, and Empowerment initiative dedicated to helping individuals, families, cooperatives, organizations, and government agencies achieve financial independence and success. Our platform empowers members (Associates) with mentorship, wealth-enhancing products, and services provided through our network of affiliated companies.

Job Description:

Insurance Portfolio Management:

• Manage all insurance policies including life, health, motor, property, liability, and other applicable covers.
• Ensure timely renewal of insurance policies and accurate documentation.
• Review policy terms and conditions to ensure adequate coverage.

Risk Management:

• Identify, assess, and mitigate insurable risks across the organization.
• Recommend appropriate insurance solutions aligned with business operations.
• Develop and implement risk management strategies and controls.

Claims Management:

• Coordinate insurance claims from initiation to settlement.
• Ensure proper documentation and follow-up with insurers and brokers.
• Maintain records of claims history and outcomes.

Compliance & Regulatory Oversight:

• Ensure compliance with industry regulations and insurance laws (e.g., NAICOM guidelines where applicable).
• Monitor changes in insurance regulations and advise management accordingly.

Stakeholder & Vendor Management:

• Liaise with insurance companies, brokers, loss adjusters, and regulators.
• Negotiate premiums, policy terms, and service-level agreements.
• Provide insurance-related advice to management and departments.

Reporting & Documentation:

• Prepare periodic insurance and risk management reports for management.
• Maintain accurate insurance registers and policy records.
• Track insurance costs and recommend cost-optimization strategies.

Advisory & Training:

• Educate staff on insurance policies, risk awareness, and claims procedures.
• Support management in strategic decision-making related to risk and insurance.

Requirements:

• Risk assessment and mitigation
• Negotiation and vendor management
• Attention to detail
• Problem-solving and decision-making
• Integrity and professionalism.

Qualifications and Skills:

• Bachelor’s degree in Insurance, Finance, Business Administration, Economics, or a related field.
• Professional certification (e.g., CIIN, ACII, CPCU) is an added advantage.
• Minimum of 5 - 8 years experience in insurance, risk management, or a related role.
• Strong knowledge of insurance products, underwriting, and claims processes.
• Excellent negotiation, analytical, and communication skills.
• Proficiency in Microsoft Office and insurance management systems.

Salary

Application Closing Date: 24th December, 2025

Application Instructions:

Interested and qualified candidates should send their CV in PDF Format as a single document, attached to: hadaba.gresource@gmail.com using the Job Title as the subject of the email.