Vacancy at Ethio Life and General Insurance

Ethio-Life Insurance, established as a specialized life insurance company, remained the only such entity in the Ethiopian insurance industry until August 2012. Recognizing the significant potential in general insurance due to the country’s rapid economic growth, Ethio-Life’s shareholders decided to broaden the company’s services by incorporating non-life (general) insurance products into its portfolio.

Position 1: Store Keeper

  • Qualification: BA/BSc degree in Management, Accounting, Economics, Statistics, or a related field from a recognized university.
  • Experience: Minimum of one (1) year of relevant experience in a business organization.
  • Preferred: Experience in the insurance industry.
  • Skills Required:
    • Respond to customer inquiries about policy terms, conditions, and exceptions.
    • Calculate premiums based on business class and sum insured using rate charts.
    • Issue underwritten policies after confirming premium settlement or payment arrangements.
  • Location: Addis Ababa

Position 2: Underwriting Officer-I (3 Positions)

  • Qualification: BA/BSc degree in Management, Accounting, Economics, Marketing, Statistics, or a related field from a recognized university.
  • Experience: Minimum of two (2) years of relevant experience in the insurance industry.
  • Skills Required:
    • Review and approve monthly renewal notices and follow up on renewals.
    • Provide necessary claim verifications.
    • Compile and update underwriting information.
  • Location: Addis Ababa

Position 3: Claims Officer (2 Positions)

  • Qualification: BA/BSc degree in Management, Accounting, Economics, Marketing, Statistics, or a related field from a recognized university.
  • Experience: Minimum of one (1) year of experience in claims handling within the insurance industry.
  • Skills Required:
    • Register claim details in the claims book.
    • Prepare claim notification slips for pending claims.
    • Record settled claims in the claims register.
  • Location: Addis Ababa

Position 4: Underwriting Officer-II (3 Positions)

  • Qualification: BA/BSc degree in Management, Accounting, Economics, Marketing, Statistics, or a related field from a recognized university.
  • Experience: Minimum of four (4) years of relevant experience in the insurance industry.
  • Skills Required:
    • Address customer inquiries regarding policy terms, conditions, and exceptions.
    • Calculate premiums based on business class and sum insured using rate charts.
    • Issue underwritten policies after confirming premium settlement or payment arrangements.
  • Location: Addis Ababa

Position 5: Senior Claims Officer

  • Qualification: BA/BSc degree in Management, Accounting, Economics, Marketing, Statistics, or a related field from a recognized university.
  • Experience: Minimum of five (5) years of relevant experience in claims handling within the insurance industry.
  • Skills Required:
    • Ensure claims are processed in line with policy terms and company guidelines.
    • Review, analyze, and report claim notifications to the Division Manager.
    • Prepare payments for claims and repair costs.
    • Verify certificates, invoices, court decisions, and other claim-related documents.
  • Location: Addis Ababa

Position 6: Senior Underwriting Officer (3 Positions)

  • Qualification: BA/BSc degree in Management, Accounting, Economics, Marketing, Statistics, or a related field from a recognized university.
  • Experience: Minimum of five (5) years of relevant experience in the insurance industry.
  • Skills Required:
    • Assist in planning underwriting and branch operations.
    • Conduct pre- and post-risk surveys.
    • Perform market studies to explore new opportunities.
    • Verify and initial documents after typing, ensuring the inclusion of endorsements, clauses, and warranties.
  • Location: Addis Ababa

Application Deadline: October 22, 2024

How to Apply:


Interested and qualified applicants should submit their non-returnable application and supporting documents in person within seven (7) working days from the date of this announcement to:

Ethio Life and General Insurance S.C.
HR & Facility Management Department
Located around Meskel Flower, in front of Tolip Olympia Hotel, Homes of Millions Building, 5th Floor
Tel: 0115571579 / 0115574818
Addis Ababa

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