3 Insurance Director jobs in Nigeria

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M

Lagos Full Time

Banking, Finance & Insurance Confidential

• Minimum Qualification :
• Experience Level : Mid level
• Experience Length : 8 years

We are working with an innovative insurance business looking to recruit a senior professional who can make a major contribution to the future progression and success in a very competitive market.

The ideal candidate will oversee all technical aspects of insurance operations, including underwriting, claims management, product development, and risk assessment. The role ensures that the company's insurance products align with market needs, regulatory requirements, and risk management strategies.

In addition, they will have extensive experience in insurance operations, excellent analytical skills, and a strong understanding of the industry's technical requirements.

Key Responsibilities include

Underwriting and Risk Management

Product Development:

Claims Management:

Strategy and Business Growth:

Regulatory Compliance and Governance

Reinsurance Management

The right candidate might have…

• Minimum of 8 years of experience in the insurance industry, with at least 3 years in a technical or senior management role.
• Proven leadership and team management experience, with the ability to motivate and develop technical teams.
• Analytical and problem-solving skills, with experience in using data to make informed decisions.
• Excellent communication skills and the ability to collaborate with various departments and stakeholders.
  Strong decision-making capabilities with a focus on risk management and profitability.

An in-depth JD is available for the right applicants

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JOB DESCRIPTION

Position Title: Insurance Risk Management Specialist

Reports to: Director of Finance and Accounting

OVERVIEW:

POSITION SUMMARY:

The Insurance Risk Management Specialist will play a critical role in identifying, analyzing, mitigating, and managing risk exposures across a multi-state Security Guard and Patrol Services provider. This position is responsible for evaluating insurance needs, ensuring compliance with contractual and regulatory insurance requirements, overseeing claims management, and implementing proactive risk reduction strategies. The ideal candidate will possess strong knowledge of insurance policies, liability mitigation, and the unique risks associated with the security services industry.

PRINCIPAL DUTIES AND ACCOUNTABILITIES:

• Insurance Program Management: Administer all aspects of the company's insurance portfolio including general liability, workers' compensation, auto, professional liability, and umbrella policies. Coordinate policy renewals, endorsements, and audits to ensure adequate coverage at competitive rates.
• Risk Identification & Mitigation: Conduct regular risk assessments of company operations, contracts, and job sites. Recommend and implement risk control measures tailored to the security services industry to reduce liability exposure.
• Claims Management: Oversee and coordinate the end-to-end claims process with brokers, adjusters, and third-party administrators. Track, report, and analyze claims data to identify trends and reduce future losses.
• Compliance & Contract Review: Review client contracts, leases, and vendor agreements to ensure insurance requirements are met and risk exposures are appropriately addressed. Ensure compliance with state, federal, and industry regulations.
• Training & Education: Collaborate with Human Resources and Operations to support safety training, injury prevention programs, and insurance policy education for field and administrative staff.
• Insurance Certificate Management: Maintain accurate records of certificates of insurance for internal operations and ensure receipt of valid COIs from subcontractors and vendors.
• Incident Review & Investigations: Participate in incident reviews, post-incident investigations, and after-action reporting to evaluate cause and recommend improvements.
• Data Analysis & Reporting: Prepare quarterly and annual risk assessment reports, loss-run analysis, and insurance cost trend forecasts for executive leadership.

PROPOSED WORK SCHEDULE:

Days: Monday – Friday (Virtual / Remote Position)

Schedule: 1:00pm to 10:00pm (Nigerian Time Zone)

(1-hour unpaid lunch break)

8:00am to 5:00pm (U.S. Based, Eastern Standard Time)

Hours: 40 hours per week minimum

MINIMUM QUALIFICATIONS:

• Bachelor's degree in Risk Management, Business Administration, Finance, or a related field.
• Minimum of 2–3 years of relevant experience in insurance or risk management, preferably in the security, law enforcement, or service-based industries.
• Relevant Insurance Risk Management Certification preferred.
• Strong knowledge of commercial insurance products and risk control techniques.
• Proficiency in claims systems and insurance certificate management platforms.
• Excellent written, analytical, and interpersonal communication skills.
• Ability to work independently and collaboratively with multi-disciplinary teams.
• Familiarity with international occupational safety regulations, state labor laws, and security-specific liability exposures is a plus.

Note: Strong consideration for candidates with experience supporting a U.S. based corporation.

Compensation / Benefits

We offer a competitive compensation package including salary, training and opportunities for advancement. We are proud to be an Equal Opportunity Employer

Compensation / Benefits

• Gross Compensation: ₦500,000 per month including all mandatory employee benefits

Job Type: Full-time

Pay: ₦500,000.00 per month