Internal Control Executive at Guinea Insurance Plc

Guinea Insurance Plc was incorporated on December 3, 1958, as a non-life insurance underwriting firm to provide first-rate insurance solutions in the General and Special Risks business underwriting categories. Our mission is to provide professional services to our esteemed customers through the introduction of quality products driven by state-of-the-art technology backed by a group of high-profiled personnel, to maximize returns to shareholders.

We are recruiting to fill the position below:

Job Title: Internal Control Executive

Location: Lagos
Job type: Full-time

Job Summary

• The Internal Control Officer will support the implementation, monitoring, and improvement of the company’s internal control framework.
• The role focuses on ensuring compliance with policies, identifying risks, and supporting control processes across various departments within Guinea Insurance Plc.
• The officer will work closely with teams to promote a strong control environment and efficient operations.

Key Responsibilities

• Assist in the implementation and documentation of internal control policies and procedures.
• Support periodic reviews and basic audits to ensure compliance with internal policies and regulatory requirements.
• Help identify control gaps, process weaknesses, and potential risk areas, and escalate findings appropriately.
• Monitor selected financial and operational activities to detect irregularities or control breaches.
• Assist in preparing reports on audit findings, risk observations, and control issues for management review.
• Support control activities, including monitoring outstanding premiums and following up on claims process.
• Maintain proper documentation of control activities, audit work, and supporting records.
• Stay informed on relevant regulatory guidelines affecting the insurance industry.
• Collaborate with various departments to ensure adherence to established policies and procedures.
• Provide administrative and operational support during internal reviews and control assessments.

Qualification / Experience Requirement(s)

• Bachelor’s Degree in Accounting, Finance, Economics, or a related field.
• Relevant professional certification (e.g., ACA or its equivalent is an advantage).
• Minimum of 2 years’ experience in internal control and audit, preferably in the insurance or financial services industry.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and ability to identify control weaknesses.
• Proficiency in Microsoft Office and audit-related software.
• Good communication and report-writing skills.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should forward their CV to: recruitment@guineainsurance.com using the Job Title as the subject of the email.