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​​The National Insurance Co. Ltd and NIC General Insurance Co. Ltd form part of the NIC Group and are leading insurance companies in Mauritius, providing a wide range of insurance products and services.  NIC Micro Finance Co. Ltd, provides various microfinance solutions and is also a member of the NIC Group. We are looking for suitably qualified candidates for the following open position.

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NIC reserves the right to invite only the best candidates for interviews for the position applied or other positions that align with their profiles, as deemed appropriate.

The Company reserves the right not to make any appointments

Lead – Operations and Financial Control

We are seeking a results-driven and experienced Lead – Operations and Financial Control to oversee operations and financial control functions, including premium management and arrears, across its Life and General Insurance businesses.  The successful candidate will be responsible for strengthening financial discipline, driving effective recovery strategies, and leading large technical teams while maintaining strong relationships with clients, intermediaries, and financial institutions.

​Responsibilities

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  • Oversee and manage operations and financial control functions including premium billing, collections, arrears monitoring, and reconciliations;

  • Develop, implement, and maintain robust operational control frameworks, policies, and procedures;

  • Devise and execute effective recovery strategies, including the formulation and enforcement of credit policies;

  • Monitor ageing, arrears trends, and recovery performance, and implement corrective actions as required;

  • Lead, mentor, and manage large technical teams to deliver operational excellence and accountability;

  • Build and maintain strong working relationships with banking institutions, clients, intermediaries, and internal stakeholders;

  • Identify, monitor, and mitigate financial and operational risks, ensuring compliance with internal governance and regulatory requirements;

  • Escalate high-risk accounts and recommend remedial actions in coordination with relevant stakeholders;

  • Ensure adherence to internal controls, delegated authorities, and governance requirements; and

  • Identify operational, financial, and compliance risks and implement mitigation measures accordingly.

Requirements​

​

  • Hold a professional qualification in  accounting, finance, insurance, or management, with preferably a master’s degree in business administration, or any such acceptable qualification in the domain;

  • At least 10 years of work experience in finance, accounting or insurance related functions including minimum 7 years in a leadership role;

  • Experience in life/general insurance would be an advantage;

  • Proven ability to lead and manage large technical teams;

  • Strong organizational skills with business-oriented thinking and delivery capabilities; and

  • Strong communication and negotiation skills, with a good ability to build effective relationships with service providers.

Manager - Business Development

We are seeking a dynamic and results driven professional for business development to expand our lending operations.  In this role, you will identify growth opportunities, develop partnerships and implement strategies to increase the client portfolio.  Your contribution will directly support our mission to provide financial services to underserved communities and promote financial inclusion.

​Responsibilities

​

  • Implement sales and marketing strategies for client acquisition;

  • Identify and build relationships with potential clients, partners and other stakeholders;

  • Identify emerging opportunities in the lending sector;

  • Devise fresh strategies for new markets and client segments;

  • Facilitate client interaction, business acceptance and on-boarding;

  • Develop business tie ups and distribution channels;

  • Meet business and financial targets.

Requirements​

​

  • Preferably a degree in Banking, Finance, Business Management, Marketing or any other acceptable qualification;

  • Minimum 8–10 years’ experience in business development, sales or marketing preferably in lending or financial services;

  • Strong knowledge of lending products and financial inclusion schemes and initiatives;

  • Excellent communication, negotiation and relationship building skills;

  • Analytical minds with the ability to identify and seize market opportunities;

  • Ability to work independently, results oriented and problem solving skills;

  • Ability to demonstrate assertiveness and customer service skills;

  • Knowledge of the SME & Corporate markets in Mauritius & Africa would be an advantage;

  • A valid driver’s licence (or readiness to obtain one as soon as possible); and

  • Strong knowledge of Mauritian market, local network and legislation.

Team Leader/Manager - Investments

We are looking for a skilled and analytical Investment professional to support the effective management of the Group’s investment portfolio across multiple asset classes. The ideal candidate will have strong financial acumen, solid market awareness, and the ability to translate economic insights into actionable investment strategies.

Responsibilities

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  • Provide expertise in managing the Group’s investment portfolio in line with approved mandates and risk parameters;

  • Conduct comprehensive market, economic, and financial research to identify investment opportunities locally and internationally;

  • Keep abreast of global and local economic trends, financial market developments, and emerging opportunities to support strategic decision-making;

  • Guide recommendations on optimal timing and execution of investment strategies for the internal trading desk;

  • Execute trades efficiently through approved brokers and trading platforms while ensuring full compliance with internal policies and regulatory requirements;

  • Monitor market movements, liquidity positions, and portfolio exposures on an ongoing basis;

  • Perform performance monitoring across asset classes and investment channels, including attribution analysis; and

  • Prepare detailed investment and trading reports for Management and the Board; and

  • Ensure strict adherence to execution protocols, compliance frameworks, and internal control procedures.

Requirements​

​

  • Degree in Finance, Economics, Investment Management, or related field including a minimum 4 years in investment;

  • Strong understanding of financial markets, investment instruments, and portfolio management principles;

  • Solid analytical skills with the ability to interpret complex financial information; and

  • Ability to work in a fast-paced, data-driven environment.

Team Leader - Legal & Compliance

We are seeking a highly skilled and experienced Team Leader to join our legal & Compliance team. This role is responsible for coordinating legal and compliance activities, supporting regulatory obligations, and guiding business units on compliance requirements.

Responsibilities

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  • Assist in the smooth operations of the Compliance function;

  • Advise on business processes and touch points requiring compliance to statute and regulations;

  • Conduct and report on the outcome of regular and timely process and system audits and report on areas of poor or non-compliance including customer due diligence;

  • Monitor the implementation and report on corrective actions in areas of non-compliance;

  • Assist the MLRO in such investigations as may be required in the discharge of their duties;

  • Co-ordinate the timely submission of returns or other obligations to regulatory and statutory bodies;

  • Formulate and implement compliance standards to be applied throughout the Company, including but not limited to anti-money laundering and whistleblowing frameworks;

  • Maintain an up-to-date contract repository and ensure timely contract management;

  • Draft and review contracts/legal documents/forms as may be required;

  • Provide general legal advisory support on a wide variety of business matters across the various business lines;

  • Analyse and assess impact of new laws, regulations and new products and provide recommendations thereon in respect of compliance requirements and other organisational policies;

  • Support the business through review of products and marketing materials to ensure compliance with relevant laws and regulations; and

  • Conduct thematic compliance trainings for workforce.

Requirements​

​

  • Degree in Management with Law, Legal, Compliance or any other such qualifications;

  • At least 4 years of work experience in legal and compliance functions;

  • Demonstrates good execution capabilities; and

  • Proactive, dynamic & result oriented.

Project Assistant – Actuarial & Pensions (ref: PAAP/05/2026)

We are looking for a motivated individual to support actuarial and pension-related functions, including data analysis, reporting, and administrative support. The ideal candidate should have strong numerical and analytical skills, attention to detail, and an interest in actuarial science or pension fund operations.

Responsibilities

​

  • Assist in the valuation of insurance technical provisions;

  • Provide technical support in the implementation of IFRS 17;

  • 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​

​

  • Degree in Actuarial Science or any such professional qualification acceptable;

  • At least 1 year work experience;

  • Knowledge of IFRS 17 and exposure to actuarial work related to Life and/or General Insurance will be a strong advantage.

  • Insurance and pension’s knowledge.

  • Proficient in MS Office and specialized actuarial/statistical software.      

  • Good communication skills (Oral/written); and

  • Ability to work under pressure and meet tight deadlines.

Insurance Service Representative (Premium Management/Arrears Recovery/Payment)

We are seeking a detail-oriented and results-driven individual to support Premium Management operations, with a focus on premium processing, reconciliation, and payment recovery. The ideal candidate should have a good understanding of basic finance principles, strong follow-up skills, and the ability to work accurately within defined processes.

Responsibilities

​

  • Process and monitor premium payments in line with contractual terms and internal procedures;

  • Follow up on outstanding premiums and support payment recovery activities;

  • Reconcile premium accounts and ensure accuracy of financial records;

  • Liaise with internal departments, intermediaries, and clients regarding premium status and payment issues;

  • Prepare and maintain reports on premium collections, outstanding balances, and recovery actions; and

  • Ensure compliance with internal controls, financial procedures, and regulatory requirements.

Requirements​

​

  • GCE A level, with a minimum 1 year of relevant work experience;

  • Strong customer focus and commitment to delivering high service standards;

  • Self-motivated, proactive, and able to work independently;

  • Knowledge of insurance, finance or accounting would be an advantage;

  • Team player with a positive attitude and strong interpersonal skills;

  • Good communication skills (Oral/written); and

  • Proficient in MS Office/specialized software.

Finance Service Representative

We are looking for detail-oriented individual to support financial. The ideal candidate should have a good understanding of accounting principles, strong analytical skills, and the ability to work accurately and efficiently in a team environment.

Responsibilities

​

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

  • Assist in preparation and submission of statutory 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, inventory items and other reconciliations;

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

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

Requirements​

​

  • HSC/ACCA/ACA level 1/Degree in finance or any such acceptable qualification in the domain would be an advantage;

  • 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.

Insurance Advisor (freelance) for NIC’s Branches across Mauritius (ref: IA/11/2025)

(Port Louis, Rose Hill, Vacoas, Flacq, Triolet, Mahebourg, Riv des Anguilles, Riv du Rempart and Goodlands)

Responsibilities

 

  • Present and promote NIC’s insurance and load products to clients with a view to generate new leads and sales;

  • Develop and nurture client relationships and network;

  • Customise insurance solutions according to needs of prospective clients;

  • Generate insurance proposals and guide prospective clients on suitable options;

  • Identify new prospects and grow the existing portfolio of clients;

  • Attend to client’s needs, complaints and service requests;

  • Foster client retention and business development; and

  • Comply with NIC’s customer experience standards, policies, procedures, law and regulations.

Requirements​

​

  • SC or HSC (with a minimum pass in English and French);

  • Experience in sales and marketing;

  • Knowledge of insurance and financial products would be an advantage;

  • Comfortable to work with numbers;

  • Strong presentation and communication skills;

  • Proactive, dynamic & result oriented;

  • Full time/Part Time work at your own pace

Curriculum Vitae

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