Ethio-Life continued to be the ONLY specialized company in the life insurance business in the Ethiopian insurance industry until August, 2012 In consideration of the immense potentials and viability of the general insurance business emanating from the rapid economic growth of the country, shareholders of Ethio-Life were determined to expand the service of the company by including Non-life (general) insurance products into its business portfolio.
Position 1: Life Insurance Officer-II
The following additional competencies & abilities required
- Considerable knowledge of life insurance business
- Good knowledge of life insurance policies and procedures of the company
- Ability to undertake risk assessment and prepare policy documents
- Ability to compute premiums correctly
- Good communication and human relations skills
Job Requirement
- Qualification: BA/BSC degree in Management/ Accounting/Economics/Marketing/ Statistics or other related field of study from a recognized University
- Experience: A minimum of four (4) years of relevant experience in insurance business.
Required No: Two
Place of Work : Addis Ababa
Position 2: Underwriting Officer
The following additional competencies & abilities required
- Basic knowledge of insurance business
- Basic knowledge of risk assessment methods/techniques
- Basic knowledge of core business governing policies and procedures
- Ability to collect ,compile and analyze data
Qualification: BA/BSC degree in Management/ Accounting/Economics/Marketing/ Statistics or other related field of study from a recognized University
Experience: A minimum of one(1) years of relevant experience in insurance business.
Required No: four
Place of Work : Addis Ababa
Position 3: Underwriting Officer- II
The following additional competencies & abilities required
- Handles queries from customers on policy terms, conditions and exceptions
- Calculates premium for the class of business and sum insured using rate charts
- Issues underwritten policies to customers after ensuring premium settlement or arrangement of payment
Qualification: BA/BSC degree in Management/ Accounting/Economics/Marketing/ Statistics or other related field of study from a recognized University
Experience: A minimum of Four(4) years of relevant experience in insurance business.
Required No: Three
Place of Work : Addis Ababa
Position 4: Senior Underwriting Officer
The following additional competencies & abilities required
- Assists in planning underwriting and branch operation activities
- Conducts pre and post risk surveys
- Conducts market studies to explore and exploit market opportunities
- Checks and initials on documents after typing and ensures that endorsements, clauses, warranties
Qualification: BA/BSC degree in Management/ Accounting/Economics/Marketing/ Statistics or other related field of study from a recognized University
Experience: A minimum of five (5) years of relevant experience in insurance business.
Required No: Three
Place of Work : Addis Ababa
Position 5: Manager, Internal Audit Service
The following additional competencies & abilities required
- knowledge of audit and financial management principles, procedures and practices
- Diploma in Insurance and Higher Education is preferable
- Thorough knowledge of financial laws and audit regulations
- Ability to analyze financial statements
- Good knowledge of insurance business
- Good communication skill
- Good interpersonal relation and analytical skill
- Dependable &Team Player
Qualification: BA Degree in Accounting /Accounting and Finance field of study from a recognized University. Diploma in Insurance and Higher Education is preferable.
Experience: A minimum of 9 years of relevant experience in Insurance Business; 3 years of which in supervisory positions
Required No:One
Place of Work : Addis Ababa
Deadline Date February 3, 2025
How to Apply
- Interested and qualified applicants can submit their non-returnable application, resume and copies of testimonials in person within 7(seven) working days starting the date of this announcement to the following address:
- Ethio Life and General Insurance S.C.
- HR & Facility Management Department
- Around Meskel Flower, Homes of Millions Building, 5th floor.
- Tel: 011557 1579/ 011557 1848
- Addis Ababa
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