GGH is building extraordinary insurers in fast growing markets. We leverage deep expertise and an innovative approach to build insurers that are truly unique, industry-defining and life changing for our people and customers.
We are recruiting to fill the position below:
Job Title: Chief Underwriting Officer (CUO)
Location: Lagos, Nigeria
Job type: Full-time
- The CUO will serve as a member of Executive Managament with direct responsibility for all underwriting operations of the company (Underwriting - Life and Non-Life, Claims, Reinsurance, Actuarial).
- Improve the underwriting performance of the organisation to achieve a loss ratio of 45% across all businesses.
- Design, execute, and monitor the underwriting goals of the organisation as defined in its strategic document.
- Lead a strong and youthful team of underwriters.
Duties and Responsibilities
- Establish and promote underwriting best practices, with focus on underwriting profitability
- Responsible for the Life & Non-Life underwriting units of the company
- Responsible for the retail processing and actuarial units of the company
- Responsible for planning and directing all underwriting procedures.
- Directs the various underwriting function of the organization including Individual Life, Group Life, Non-Life and Health
- Develops long-term underwriting strategies and directions for the company, and sets specific goals and policies for underwriting operations.
- Determines product mix and target markets for the company. Drives marketing and distribution strategies for the company
- Products development, pricing and profitability analysis
- Responsible for the actuarial valuation of both the Life and Non-Life books of the business
- Coaching, Mentoring and Facilitation of Training Programmes
- Other roles as may be assigned by the organisation
Qualification and Experience
- ACIIN
- Not less than 12 years post qualification experience in Underwriting
- Track record of consistently building dynamic teams, identifying high-yielding products in highly competitive, start-up /established companies during the career span.
- Hands on experience in managing business operations.
- Demonstrable experience in creating business development procedures, service standards, operational policies and guidelines.
Competency Requirements
- Deep knowledge of insurance underwriting (Life & Non-Life).
- Good actuarial knowledge.
- Knowledge of Financial accounting of both Life and Non-Life business.
- Knowledge of Insurance operations and financial accounting
- Leadership qualities
- Patient and Calm
- Team Builder and Player
- Ability to develop other leaders and managers
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should:
Click here to apply online