Internal Control Officer at International Energy Insurance Plc

International Energy Insurance (IEI) Plc commenced business as Nigeria’s first Energy-focused Insurance Company, experts in first class underwriting solutions for offshore and onshore risks, as well as general insurance business. The Company’s security is backed by a consortium of local and foreign re-insurers led by African Reinsurance Corporation. We are licensed and regulated by the National Insurance Commission (NAICOM).

We are recruiting to fill the position below:

Job Title: Internal Control Officer

Location: Lagos
Employment Type: Full-time

Duties & Responsibilities

• Perform scheduled checks and walkthroughs on business transactions and activities to ensure compliance with control frameworks.
• Assist in daily, weekly, and monthly control activities across finance, claims, underwriting, procurement, and administrative functions.
• Flag and escalate control breaches, anomalies, and exceptions for prompt resolution.
• Review and assess the adequacy and effectiveness of internal controls, policies, procedures, and operational processes across the organization.
• Conduct periodic control testing and operational reviews to evaluate compliance with approved policies and regulatory requirements.
• Identify control gaps, process weaknesses, and areas of exposure, and recommend practical and sustainable control improvements.
• Support the implementation and monitoring of corrective action plans arising from control reviews, audits, and risk assessments.
• Assist in internal and external audit engagements by providing documentation, explanations, and follow-up on audit findings.
• Monitor compliance with financial controls, operational guidelines, and governance standards.
• Identify and assess fraud risks, conduct fraud risk assessments, and recommend preventive and detective controls.
• Investigate control breaches and suspected fraud cases, document findings, and escalate issues in line with established protocols.
• Prepare internal control reports, dashboards, and periodic updates for management and relevant governance committees.
• Identify and document inefficiencies in procedures or gaps in controls during reviews.
• Provide suggestions for process improvements or preventive controls based on field observations.
• Assist in updating standard operating procedures and control matrices as required.
• Promote a strong control culture by providing guidance and awareness on internal controls and risk management practices.

Educational Qualification and Training

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related discipline.
• Professional certification such as ICAN or ACCA is strongly preferred.
• Minimum of 4–7 years relevant experience in internal control, audit, risk management, or compliance, preferably within the insurance or financial services sector.
• Proven experience in control testing, audit support, and fraud risk management.

Skills & Abilities:

• Strong understanding of internal control frameworks and risk management.
• Excellent audit, compliance, and process review skills.
• Strong analytical and investigative abilities.
• Attention to detail and strong documentation skills.
• Ability to identify control gaps and recommend improvements.
• High ethical standards and professionalism.

Application Closing Date
12th January, 2026.

How to Apply
Interested and qualified candidates should send their Applications to: recruitment@ieiplcng.com using the Job Title as the subject of the email.