JOB ADVERT
The National Insurance Co. Ltd and NIC General Insurance Co. Ltd form part of the NIC Group are leading insurance companies in Mauritius, providing a wide range of insurance products and services.
We are looking for suitably qualified candidates for the following open position.
APPLY NOW !!!
Project Assistant – Claims/Underwriting/Premium Management (Life & General Insurance Operations) (ref: PACU/09/2024)
Responsibilities
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Underwrite proposals in line with established underwriting principles and guidelines;
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Ensure timely and accurate on-boarding of individual profiles and policies and maintaining insured details on the system;
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Assess claims documentation for a comprehensive appraisal of risks;
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Assess claims intimated for admissibility and eligibility as per contractual obligations;
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Liaise with service providers as may be applicable in respect of benefit eligibility; and
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Calculate premium refunds, adjustments and reversals as required, substantiated with documented evidence.
Requirements
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Professional Qualification in insurance or Degree in Risk Management, Business Management or Finance;
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Experience in the insurance industry would be an advantage;
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Proactive, dynamic & result oriented; and
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Proven technical, process and system know how.
Project Assistant – Customer Service (ref: PACS/09/2024)
Responsibilities
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Respond promptly to incoming information based client service requests using prescribed techniques and knowledge;
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Capture client complaints, if any, effectively by upgrading the urgency level for immediate attention and decision making;
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Conduct appropriate customer due diligence for smooth client on-boarding and classification of risk;
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Ensure that administrative &/or compliance procedures are strictly followed;
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Conduct ongoing monitoring of client profiles;
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Register payment and issue receipts, allocating to the appropriate company and client accounts;
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Carry out outgoing calls to clients with a view to uphold client relationship and reach the desired outcome of client retention or repeated purchase.
Requirements
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Degree in Business Management/Finance/marketing or equivalent Professional Qualifications;
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Professional qualifications and prior industry experience will be an advantage;
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Proactive, dynamic & result oriented;
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Good communication skills (Oral/written);
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Proven technical, process and system know how; and
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Proficient with IT related tools/specialized software.
Project Assistant – Actuarial & Pensions (ref: PAAP/09/2024)
Responsibilities
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Assist in the valuation of insurance technical provisions;
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Conduct actuarial analysis of insurance liabilities, claims experience and other data as may be applicable;
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Assist in the preparation of reinsurance accounts;
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Assist in the administration of group pension schemes;
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Assist in the development of new products and pricing thereof;
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Provide support on technical queries and quotations; and
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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;
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At least 1 year work experience;
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Proficient in Microsoft Office applications with excellent knowledge of Excel and Access;
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Proficient in technical modelling tool/language;
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Proactive, dynamic & result oriented;
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Willingness to acquire additional technical/professional skills;
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Good communication skills (Oral/written); and
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Ability to work under pressure and meet tight deadlines.
Project Assistant – Financial Reporting & Accounting (ref: PAFA/09/2024)
Responsibilities
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Prepare monthly Management Accounts and Annual Financial Statements in accordance with laws, regulations and reporting standards;
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Prepare and submit statistical returns to competent authorities as per the established calendar;
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Carry out reconciliations as may be required and provide updates on daily fund position;
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Prepare monthly and yearly reconciliations for banks, premiums, claims and inventory items;
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Assist in the preparation of Yearly Budgets and monthly reporting;
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Assist in Premium management and arrears; and
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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;
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Experience in the accounting field would be an advantage;
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Proficient with IT related tools/specialised accounting software;
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Proactive, dynamic & result oriented;
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Good communication skills (Oral/written);
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Ability to work under pressure and meet tight deadlines; and
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Proven technical, process and system know how.
Project Assistant – Recovery (ref: PAR/09/2024)
Responsibilities
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Maintain accurate client records through timely payment reconciliation and recovery progress on the Lending platform;
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Contact clients in arrears on a timely basis by sms, telephone, email & letter to action recovery strategies including automated timely sms, email, WhatsApp reminders, actively resolve disputes, ensuring customer satisfaction and retention and daily/weekly collection targets;
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Offer and enter into new payment plans including EMI reduction, rescheduling or moratoriums and set up new repayment options;
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Report on impairment rates, penalty charges, arrears ageing, under Stages 1, 2 & 3, internal team collection campaigns, success rates, and devise & initiate new recovery campaigns;
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Identify and report on root causes of arrears, implement sustainable remedial actions, and recommend on unrecoverable cases for write-off and/or collaterals crystalisation; and
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Provide timely reporting and improvement recommendations.
Requirements
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At least 3 years post degree/professional experience in the micro finance/ lending/ entrepreneurship/ recovery fields;
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Hold a degree preferably in Banking/ Accounting/ Finance/ Business Management/ Entrepreneurship;
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Knowledge of the lending, insurance & SME markets in Mauritius & Africa would be an advantage;
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Demonstrate assertiveness, multi-tasking, problem solving, communication, reporting and customer service skills, and ability to work under pressure and be results oriented;
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Proven abilities to assess client credit worthiness and repayment capacity, influence clients to stay in good standing, posess sound technical, process and system know how, and proficient with digital tools;
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A valid driver’s license (or readiness to own one as soon as possible).
Project Associate– Credit Analyst (ref: PACA/09/2024)
Responsibilities
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Lead market research and analysis to identify key trends, opportunities, challenges and default/recovery risk in the microfinance /lending /SME sectors;
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Acknowledge receipt and check for completeness of incoming applications in line with KYC procedures, and document all approvals and enhancements made in alignment with our recovery and profitability objectives;
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Analyse loan applicants' financial status, credit history and collateral/ property evaluations to determine feasibility of granting loans and recommendations thereon, and explain to customers the various options available and the terms of the offer;
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Engage in video based interviews with clients to verify authenticity of their profiles and ensure clients are aware of the terms and conditions and default implications;
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Process loan applications and conduct thorough eligibility checks in accordance with established guidelines, tools and relevant regulatory rules and legislation;
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Prepare approval requests in line with approval matrix with clear recommendations;
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Prepare offer letter, loan disbursement documentation, loan agreement, collateral charge documents, document terms and conditions, and repayment modalities; and
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Provide timely reporting and recommendations to improve business performance.
Requirements
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At least 4 years post degree/professional experience in the micro finance/ lending/ entrepreneurship/ marketing/ sales fields;
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Hold a professional qualification with preferably a degree in Banking/ Accounting/ Finance/ Business Management/ Entrepreneurship;
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Knowledge of the lending, insurance & SME markets in Mauritius & Africa would be an advantage;
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Demonstrate assertiveness, multi-tasking, problem solving, communication, reporting and customer service skills, and ability to work under pressure and be results oriented;
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Sound knowledge of Micro Finance & loans processes, controls, systems, and risk assessment; and
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Proven abilities to conduct client needs analysis, to assess credit worthiness, to establish partnerships /business network with SMEs & Corporate clients & business introducers, and proficient with digital tools.
Project Associate– Business Development (ref: PABD/09/2024)
Responsibilities
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Lead market research and analysis to identify key trends, opportunities, challenges and default/recovery risk in the microfinance /lending /SME sectors;
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Utilise data and demographics from various verticals to identify target markets and customer segments for micro finance products, provide innovative solutions, achieve client retention, and sound arrears recovery performance;
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Build and maintain relationships with stakeholders including SMEs, Corporates, industry partners, business introducers, and internal teams to develop and implement strategies for acquiring new clients and expanding the microfinance portfolio;
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Transmit complete application files including supporting documents in line with KYC & AML-CFT procedures, through digital platforms to credit analysts for underwriting and loan eligibility assessments;
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Analyse loan applicants' financial status, credit history and collateral/ property evaluations to determine feasibility of granting loans and recommendations thereon, and explain to customers the various options available and the terms of the offer;
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Assist in the recovery initiatives and highlighting profitable client segments; and
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Provide timely reporting and recommendations to improve business performance.
Requirements
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At least 4 years post degree/professional experience in the micro finance/ lending/ entrepreneurship/ marketing/ sales fields;
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Hold a professional qualification with preferably a degree in Banking/ Accounting/ Finance/ Business Management/ Entrepreneurship;
-
Knowledge of the lending, insurance & SME markets in Mauritius & Africa would be an advantage;
-
Demonstrate assertiveness, multi-tasking, problem solving, communication, reporting and customer service skills, and ability to work under pressure and be results oriented;
-
Sound knowledge of Micro Finance & loans processes, controls, systems, and risk assessment; and
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Proven abilities to conduct client needs analysis, to assess credit worthiness, to establish partnerships /business network with SMEs & Corporate clients & business introducers, and proficient with digital tools.
Project Operative – Tea Lady/Security Guard (ref: POTS/09/2024)
Responsibilities
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Opening, closing and cleaning of office site at least half hour prior start of business;
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Provide general butler services such as serving tea, snacks and table set up as may be required;
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General housekeeping duties of office premises including wash rooms, kitchen, furniture, customer service area, doors and office entrance;
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Carry out banking duties and general despatch of courier;
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Evacuate persons from office premises in case of emergency or fire and call necessary instances; and
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Respond to unforthcoming incidents to maintain security.
Requirements
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Vocational Certificate or such acceptable professional qualification in the domain;
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Prior work experience in a similar role;
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Demonstrate customer focus, service and communication standards; and
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Uphold good grooming and work standards
How to apply?
Should you be up for the challenge, please submit your application with a detailed resume and a motivation letter not later than, Monday, 30th September, 2024.
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.
We will contact you should an opportunity that matches your profile arise.