Head, Risk Management at Lasaco Assurance Plc

Lasaco Assurance Plc is one of the fastest growing Insurance Companies in Nigeria. It is a composite insurance company with various products and services. We were incorporated on 20th of December, 1979 and licensed as an insurer on 7th July, 1980. We commenced full operation on 1st August 1980.

With the vast opportunities presented by increased capitalization for business expansion and growth, we became a Public Liability Company in 1991 when its Shares were admitted for the first time to the Nigerian Stock Exchange (NSE) through listing by Introduction. We have grown considerably in size, business coverage, profits, capital base and assets with our operations spanning all classes of the Insurance and Special Risks business, high impact financial services and Real Estate managed by our subsidiary.

We are recruiting to fill the position below:

Job Title: Head, Risk Management

Location: Ogba, Lagos

Key Responsibilities

• Develop a risk management framework and monitor risk maturity
• Develop, enhance, and maintain the company’s enterprise risk management processes for effective business operations
• Develop and maintain effective relationships with key stakeholders within the company in order to understand their business objectives and the distinct risks to achieving these objectives.
• Stay abreast of internal and external developments that may impact the Group’s risk profile and make internal changes as appropriate.
• Plan and facilitate risk workshops to help the business identify its principal risks.
• Produce high-quality Executive and Board-level risk reports
• Assist with the assessment of the Group’s principal risks and other risk-related content for the Group’s Annual Report and Accounts.
• Provide advice on how to ensure risks are properly identified and evaluated, and appropriate controls are built in.
• Periodic assessment of adherence to risk management procedures
• Establishing and quantifying the organization’s 'risk appetite', i.e., the level of risk we are prepared to accept;
• Corporate governance involves external risk reporting to stakeholders.
• Carrying out processes to limit risks and prepare for if things go wrong;
• Conducting audits of policy and compliance to standards, including liaison with internal and external auditors.

Requirements

• Degree in Humanities, Social Sciences, or related
• 10+ years risk experience, 3+ in senior roles
• Knowledge and understanding of the Nigerian Insurance Sector
• Thorough understanding of the Nigerian business economy
• Good managerial/administrative
• Team building/conflict management
• Coaching / Leadership / Influencing
• Organization and coordination skills
• People Skills
• Very sound technical acumen;
• Problem-solving and decision-making
• Analytical skills and a good eye for detail;
• Ability to cope under pressure;
• Planning and organization skills;
• Negotiation skills and the ability to influence people;
• Good communication and presentation skills;
• Commercial awareness;
• Numerical skills and the ability to evaluate costs;
• Understand broad business issues.
• Ability to investigate complex data and reach well-supported and balanced judgements
• Change Management
• Highly curious and able to deal with ambiguity and complexity;
• Ability to challenge the status quo
• Excellent communication and report writing skills with a keen attention to detail.

Application Closing Date
16th December, 2025.