Jobs at FBN Life Assurance

FBN Life Assurance is a limited liability company licensed to transact life assurance businesses in Nigeria. The Company is jointly owned by First Bank of Nigeria PLC (65%) and the Sanlam Group, one of the largest
financial institutions in South Africa (35%) and it officially commenced operations on the 1st September 2010.

Drawing from the knowledge and experience of our owners, we intend to play a significant role in the development of the insurance industry in Nigeria. To achieve this, we are anchoring our operations on product innovation, efficient service delivery and prompt claim settlement.

Method of Application:
Log on to. http://fbninsurance.com/career.php to apply.

  • Internal Audit Senior (Ref: FLIAS)
    Reporting to the Head of Internal Audit, the successful candidate will be responsible for information systems audit including audits of computer applications and technological solutions. Specifically, the successful candidate will:
    Participate in planning audit engagements including the development of programs of audit testing and evaluation
    Execute the audit process on computer applications and accurately interpret results against defined criteria in accordance with professional standard.
    Apply internal control concepts in information technology processes and appropriately assess the exposures resulting from ineffective or missing practices.

    Qualifications, experience and attributes
    A good bachelors degree preferably in Accounting, Finance, Business Management or Economics from a reputable institution.
    Relevant professional qualification(s) is essential.
    Minimum of six (6) years relevant audit experience with at least three (3) years in a reputable insurance company.
    Must be computer literate and be able to work in a team-based multi-cultural environment.
    Good analytical and reasoning ability.
    Good communication and people management skills


    Location: Not Specified
    Experience: 6 year(s)
    Course of Study: Accounting
    Required Grade:  Not Specified



  • Senior Actuarial Assistant (Ref: FLSAA)
    Reporting to the Actuarial Services Manager, the successful candidate will plan, develop and implement strategies for new product development, processes and policies. Specifically, the candidate will:  
    ·         Have responsibility for data collation and analysis.
    ·         Assist to set up valuation modules
    ·         Monitor rate, exposure, retention, new, lost business changes.
    ·         Monitor loss trends and relevant industry/regulatory changes
    ·         Collate and do a proper analysis of product ideas


    Qualifications, experience and attributes
    ·         A good first degree in actuarial sciences, mathematics, finance, statistics, Insurance, or any social science discipline from a reputable institution.
    ·         Minimum of four (4) years experience with at least one (1) yearactuarial services experience from a reputable organization.
    ·         Minimum of 2 professional actuarial exams passed will be an added advantage.
    ·         Excellent written and oral communication skills.
    ·         Excellent analytical ability and a strong technical understanding of all aspects of the insurance business.


    Location: Not Specified
    Experience: 4 year(s)
    Course of Study: actuarial sciences
    Required Grade:  Not Specified


  • Related Jobs:

  • Brokers Relationship Managers (Ref: FLBRM)


    Reporting to the Head of Corporate Distribution, the successful candidate will be responsible for marketing and selling of insurance products through insurance brokers and directly to institutional and corporate clients, both in private and public sectors.  He/she will also be responsible for achieving client satisfaction and assisting with ensuring the financial performance of the company’s targets.  Specifically, the candidate will:

    ·         Develop and implement brokers’distribution strategies that deliver products and services to meet customer and shareholders expectations.
    ·         Develop and implement sales strategies in line with the company’s objectives.
    ·         Carry out market and competitor research and analysis with a view to propelling the company’s products and services to the top of the market.
    ·         Manage relationships with existing clients, develop and continually enhance relationships with institutional and corporate organizations, as well as professional associations, to maintain visibility and high market share for the company.


    Qualifications, experience and attributes
    ·         A bachelor degree in any field of study from a reputable institution.
    ·         Higher degree(s) or relevant professional qualification(s) will be added advantage.
    ·         Minimum of five (5) years relevant experience with at least two (2) years in a reputable insurance company.
    ·         Must be computer literate and able to work in a team-based multi-cultural environment.
    ·         Confirmable experience penetrating and growing large complex, and/or multi-site accounts.
    ·         Good interpersonal and communication skills


    Location: Not Specified
    Experience: 5 year(s)
    Course of Study: Not Specified
    Required Grade:  Not Specified



  • Administrative Manager (Ref: FILAO)


    Reporting to the Head of Finance and Administration, the successful candidate will be responsible for the management of services and processes that support the core business of the Company. He/she will be required to ensure that the company has the most suitable working environment for its employees and their activities. Specifically, the candidate will:

    ·         Plan, direct, coordinate and prepare budget for facilities management.
    ·         Supervise procurement, maintenance & upgrades of furniture, utilities, computers, security systems & signage for the overall facility.
    ·         Administer policies & procedures for events and coordinate activities for the company.
    ·         Ensure facilities meet needs of multiple individual projects.
    ·         Supervise facility usage, operations, equipment maintenance, etc.
    ·         Manage facilities, mail processing and courier service.


    Qualifications experience and attributes
    ·         A bachelor’s degree in any field of study from a reputable institution.
    ·         Higher degree(s) or relevant professional qualification(s) will be added advantage.
    ·         Minimum of six (6) years relevant experience with at least three (3) years in a reputable insurance company.
    ·         Must be computer literate and able to work in a team-based multi-cultural environment.
    ·         Good administrative and organizational skills and proven ability to manage multiple concurrent projects.
    Good interpersonal and communication skills.


    Location: Not Specified
    Experience: 6 year(s)
    Course of Study: Not Specified
    Required Grade:  Not Specified



  • Retail Distribution Managers(Ref: FLAHRD)


    Reporting to the Head Retail Distribution, the successful candidate will be responsible for alternative channel of Distribution (Bank Retail Channel and Brokers Channel). Specifically, the candidate will:  

    ·         Develop alternative retail distribution outlets
    ·         Coordinates and drive the sales force for retail  alternative sales channels (Brokers,  Microfinance, Subsidiaries, franchise etc)
    ·         Coordinate the marketing activities of all marketers arising from agreements reached with other Sales channels.
    ·         Develop avenues to increase the productivity of the sales force

    Qualifications experience and attributes
    ·         A good first degree or equivalent from reputable institution.
    ·         Relevant professional qualification(s) is essential.
    ·         Minimum of six (6) years relevant experience with at least three (3) years in a reputable insurance company.
    ·         Excellent analytical skills
    ·         A flair for figures
    ·         Knowledge of Insurance underwriting
    Excellent problem solving and creative thinking skills


    Location: Not Specified
    Experience: 6 year(s)
    Course of Study: Not Specified
    Required Grade:  Not Specified