Special Risk Specialist at a Leading Insurance Company - Estrada International Staffing Solutions

Estrada International Staffing Solutions - Our client, a leading company in the insurance industry, is recruiting to fill the position below:

Job Title: Special Risk Specialist

Location: Lagos
Employment Type: Full-time
Industry: Insurance

Job Summary

• We are seeking a highly skilled Special Risks Specialist to join their dynamic team.
• This role requires a proactive professional with expertise in evaluating, underwriting, and managing complex and unconventional insurance risks.
• The ideal candidate will develop tailored solutions, provide technical advice, and ensure the company maintains a competitive edge in special risk coverage.

Key Responsibilities

• Risk Assessment & Underwriting: Analyze, evaluate, and underwrite high-value, unconventional, and special insurance risks across various sectors.
• Policy Development: Develop and structure bespoke insurance policies and coverage plans to meet the unique needs of clients.
• Market Analysis: Monitor trends in the special risks insurance market to identify opportunities and mitigate potential challenges.
• Client Advisory: Collaborate with clients to understand their specific needs, providing expert advice on risk management and coverage options.
• Portfolio Management: Manage a diverse portfolio of special risk accounts, ensuring profitability and compliance with underwriting guidelines.
• Stakeholder Engagement: Work closely with brokers, reinsurers, and internal teams to negotiate terms and secure optimal outcomes for all parties.
• Compliance & Reporting: Ensure adherence to regulatory requirements and prepare detailed reports on underwriting activities.

Key Qualifications

• Bachelor’s Degree in Insurance, Finance, Business Administration, or a related field.
• Professional certification (e.g., ACII, ANZIIF, or equivalent) is an advantage.
• At least 4 years of experience in special risks underwriting or a related role within the insurance industry.
• In-depth knowledge of special risks insurance products, market trends, and regulatory frameworks.
• Strong analytical skills with a keen ability to assess complex risks.
• Excellent negotiation, communication, and relationship management skills.
• Proficiency in risk modeling and insurance software tools.

Application Closing Date
20th December, 2024.