Ethio Life and General Insurance has been a leader in the Ethiopian life insurance sector until August 2012. Recognizing the growing opportunities and potential in the general insurance market due to the country’s rapid economic development, the company decided to expand its offerings by including non-life (general) insurance products in its portfolio.
Available Positions:
Position 1. Life Insurance Officer-II
- Qualifications: BA/BSc in Management, Accounting, Economics, Marketing, or a related field from an accredited university.
- Experience: At least 4 years of relevant experience in the life insurance sector.
- Vacancies: 2
- Responsibilities:
- Explain insurance policy terms and the rights and obligations of all parties to customers.
- Evaluate and categorize risks, advising on acceptance, postponement, or rejection of life and health insurance risks.
- Verify premium quotes and deliver them promptly to clients.
- Ensure accuracy in underwriting policies prepared by subordinates and process various underwriting policies.
- Maintain records of all issued policies in the underwriting registration book.
- Insurance business experience preferred.
- Location: Addis Ababa
Position 2. Senior Reinsurance Officer
- Qualifications: BA/BSc in Management, Accounting, Marketing, Economics, or a related field from an accredited university.
- Experience: Minimum of 5 years in a reinsurance officer role or equivalent.
- Responsibilities:
- Assist in planning, coordinating, and supervising reinsurance activities.
- Handle reinsurance correspondences, participate in negotiations and arrangements, and verify the accuracy of reinsurance documents.
- Prepare risk profiles and economic assessments for reinsurance arrangements, offering recommendations to enhance the company’s retention and underwriting capacity.
- Help design and amend reinsurance policies and procedures.
- Provide professional advice on underwriting and reinsurance matters.
- Safeguard all reinsurance treaties and documents.
- Insurance business experience preferred.
- Location: Addis Ababa
Position 3. Senior Human Resource Development Officer
- Qualifications: BA/BSc in Human Resource Management, Management, or a related field from an accredited university.
- Experience: Minimum of 5 years of relevant experience in a business organization.
- Responsibilities:
- Assist in developing human resource and succession plans.
- Organize orientation and induction programs for new hires.
- Design and conduct training needs assessments and implement related programs.
- Evaluate training effectiveness and prepare periodic performance reports.
- Insurance business experience preferred.
- Location: Addis Ababa
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Position 4. Branch Manager-I (Life Insurance)
- Qualifications: BA/BSc in Marketing, Management, Economics, Accounting, or a related field from an accredited university.
- Experience: At least 5 years of experience in the life insurance sector.
- Responsibilities:
- Oversee insurance activities at the assigned branch, including planning, organizing, and controlling operations.
- Approve underwriting policies, endorsements, and reinsurance matters.
- Manage claims and engage in business development and marketing efforts to attract new clients.
- Approve payments within delegated limits, prepare budgets, work programs, and progress reports.
- Insurance business experience preferred.
- Location: Addis Ababa
Position 5. Manager, Underwriting & Branch Coordination Division
- Qualifications: BA/BSc in Management, Accounting, Economics, Marketing, or a related field from an accredited university.
- Experience: At least 8 years of relevant insurance experience, including 2 years in senior positions.
- Responsibilities:
- Oversee and coordinate the operations of assigned branches.
- Provide guidance and support to branch managers, addressing administrative and technical queries.
- Communicate policy changes and new developments to branches.
- Offer technical advice and handle customer complaints in coordination with relevant departments.
- Maintain reinsurance treaties and manage correspondence related to branch operations.
- Insurance business experience preferred.
- Location: Addis Ababa
Application Deadline: August 27, 2024
How to Apply:
Qualified candidates are invited to submit their non-returnable applications and copies of their credentials in person within 7 working days from the date of this announcement. Applications should be sent to:
Ethio Life and General Insurance S.C. HR & Facility Management Department Around Meskel Flower, in front of Tolip Olympia Hotel, Homes of Millions Building, 5th Floor Tel: 011-557-1579 / 011-557-4818 Addis Ababa
