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JOB ADVERT

The National Insurance Co. Ltd (“NIC” or the “Company”) forms part of the NIC Group and is a leading insurance company in Mauritius, providing a wide range of insurance products and services.    

 

NIC is pleased to invite applications from suitably qualified candidates for the following open position.

PROJECT ASSOCIATE - PRODUCT & PRICING- GENERAL INSURANCE (ref: PAPP/04/2024)

Responsibilities

 

• Carry out such requisite analytics to devise appropriate pricing and underwriting strategies;

• Conduct industry research as may be required to implement best practices;

• Assist in the conceptualisation of product and service offerings;

• Prepare tailored proposals, quotations/tenders aligned with client specifications, organisational risk and reinsurance strategies;

• Seek and negotiate as appropriate requisite reinsurance terms for business proposal and acceptance;

• Apply sound underwriting principles upon business acceptance and determine such applicable special terms and conditions upon policy issuance; and

• Follow through and monitor outcomes of proposals.

Requirements​

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  • Cert CII or such acceptable professional qualification in the domain;

  • At least 4 years post degree/professional experience in property, liability & specialty general insurance risks;

  • Demonstrate strong technical, process, system know how and understanding of reinsurance treaties and facultative markets; and

  • Possess strong communication and negotiation  skills.

PROJECT ASSISTANT - ACTUARIAL & PENSIONS (ref: PAPP/04/2024)

Responsibilities

 

• Assist in the valuation of insurance technical provisions;

• Conduct actuarial analysis of insurance liabilities, claims experience and other data as may be applicable;

• Assist in the preparation of reinsurance accounts;

• Assist in the administration of group pension schemes;

• Assist in the development of new products and pricing thereof;

• Provide support on technical queries and quotations; and

• Assist in the submission of regulatory and other related returns.

Requirements​

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  • Degree in Actuarial Science or any such qualification acceptable to the Company;

  • At least 1 year work experience;

  • Proficient in Microsoft Office applications with excellent knowledge of Excel and Access;

  • Proficient in technical modelling tool/language;

  • Proactive, dynamic & result oriented;

  • Willingness to acquire additional technical/professional skills.

  • Good communication skills (Oral/written); and  

  • Ability to work under pressure and meet tight deadlines.

PROJECT ASSISTANT - CLAIMS/ UNDERWIRTING (LIFE& GENERAL INSURANCE OPERATIONS (ref: PACU/04/2024)

Responsibilities

 

• Underwrite proposals in line with established underwriting principles and guidelines;

• Ensure timely and accurate on-boarding of individual profiles and policies and maintaining insured details on the system;

• Assess claims documentation for a comprehensive appraisal of risks;

• Assess claims intimated for admissibility and eligibility as per contractual obligations; and

• Liaise with service providers as may be applicable in respect of benefit eligibility.

Requirements​

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  • Professional Qualification in insurance or Degree in Risk Management, Business Management or Finance;

  • Experience in the insurance industry would be an advantage;

  • Proactive, dynamic & result oriented; and

  • Proven technical, process and system know how.

PROJECT ASSISTANT - FINANCIAL REPORTING & ACCOUNTING (ref: PAFA/04/2024)

Responsibilities

 

• Prepare monthly Management Accounts and Annual Financial Statements in accordance with laws, regulations and reporting standards;

• Prepare and submit statistical returns to competent authorities as per the established calendar;

• Carry out reconciliations as may be required and provide updates on daily fund position;

• Prepare monthly and yearly reconciliations for banks, premiums, claims and inventory items;

• Assist in the preparation of Yearly Budgets and monthly reporting;

• Assist in Premium management and arrears; and

• Maintain and update the Fixed Asset Register on a monthly basis to ensure accuracy.

Requirements​

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  • At least ACCA/ACA level 1 or any such acceptable qualification in the domain;

  • Experience in the accounting field would be an advantage;

  • Proficient with IT related tools/specialised accounting software;

  • Proactive, dynamic & result oriented;

  • Good communication skills (Oral/written);

  • Ability to work under pressure and meet tight deadlines; and  

  • Proven technical, process and system know how

SALES UNIT MANAGER - (FREELANCE) (ref: SUM/04/2024)

Responsibilities

 

• Meet the set sales targets across all lines of business for self and reporting team;

• Monitor, coach and support each salesperson to assess production and resolve performance, productivity, team related and other issues as may be applicable;

• Assess, recruit, train and coach new candidates with the right commercial profile and professional standing to promote the Company's products & services;

• Identify potential customers, maintain a log of prospects and drive the sales pipeline and ensuing activities for continual enhanced conversion rates;

• Ensure the team adheres to high ethical standards and complies with all internal regulations/applicable laws;

• Assess the quality of business proposals, needs analysis and financial planning questionnaires;

• Motivate team members to participate and excel in sales campaigns; and

• Evaluate insurance salespersons on the field at such appropriate frequencies and take necessary actions thereof.

Requirements​

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  • Acceptable qualifications in Insurance, Sales and Marketing or Finance;

  • Proven track record in sales and at least 8 years of work experience in a complex and fast-paced sales environment;

  • Strong interpersonal skills and ability to lead a sales team of 5-10 persons;

  • Sound knowledge of insurance products and services;

  • Good business acumen and ability to determine customer needs;

  • Demonstrated ability to handle conflicts;

  • Demonstrated ability to manage projects and meet deadlines; and

  • High proficiency in using MS Office tools

How to apply?

 

Should you be up for the challenge, please submit your application with a detailed resume and a motivation letter by latest Tuesday, 30 April 2024. 

 

 

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The Company reserves the right to call only the best-qualified candidates for an interview and not to make any appointment following this advertisement.

Spontaneous application

 

If there is no suitable opportunity available, we invite you to make a spontaneous application.

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We will contact you should an opportunity that matches your profile arise.

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