Current Opportunities at African Trade Insurance Agency

Current Opportunities at African Trade Insurance Agency, Jobs at African Trade Insurance Agency

Current Opportunities at African Trade Insurance Agency

 Jobs in Insurance, Jobs at African Trade Insurance Agency

African Trade Insurance Agency is a pan-African institution that provides political risk insurance to companies, investors, and lenders interested in doing business in Africa. With deep roots in Africa, we are best positioned to understand and assess the risks here and to help mitigate them. As a result, we offer robust risk solutions to our clients. Our financial partners have come to rely on our assessments because of our credibility, financial strength, and underwriting capacity.

Senior Accountant-Treasury and Investments

Key Duties and Responsibilities:

  • In charge of developing the ATI investment, capital management and asset liability management strategy
  • Development  of ATI’s investment policy, funding strategy, and liquidity management strategy
  • Develop, monitor and manage ATI’s bank relationships
  • Identification of fund managers for approval by the CFO and the Management Investment Committee
  • Manage the performance of fund managers including setting appropriate performance benchmarks and ensuring that these benchmarks are achieved
  • Give professional advice on strategic and tactical asset allocation
  • Manage long term and short term cash flow and working capital /liquidity management.
  • Manage balance sheet and day to day liquidity to support the business needs.
  • Balance Sheet Optimisation
  • Responsible for assets and liability matching, currency risk management and risk mitigation strategies such as hedging
  • Forecast medium and long-term funding requirements
  • Design and implementation of strategies to mitigate risks such as financial risk, market risk, credit risk, liquidity risks and capital management risks
  • Manage and monitor treasury and investments
  • Analyse and optimize investments’ return
  • Oversee the work of the Treasury and investments department  and ensure that all transactions are properly booked in an accurate and timely manner
  • Review all investment accounts and ensure balance sheet reconciliations are done on a monthly basis and all reconciling items are resolved in a timely manner and that all balances are agreed with all counterparties.
  • Ensure valuations of all investments is conducted in accordance with IFRS.
  • Explore and propose new investment opportunities and different classes of investment to the MIC
  • Produce monthly report and dashboards on investments including the macro and microeconomic outlooks guiding the short term and long-term investment strategy
  • Coordinate with bank and asset managers
  • Manage capital (share valuation, dividends, share buy-back, etc.)
  • Work closely with the Membership Department/Unit
  • Work on due diligence processes for financial institutions and other investment proposals
  • Prepare management and board investment reports
  • Implement effective people management initiatives including:

Role Specifications:

  • A Master’s degree in Business Administration (MBA), Finance or Accounting Option
  • Bachelor of Commerce degree in Accounting or Finance
  • Professional investment  qualifications e.g. CFA
  • Membership of a professional body such as CA, ICPAK, CIMA, ACCA or similar bodies
  • A minimum of  twelve (12) years relevant  Investment and Treasury experience
  • Knowledge in strategy development
  • Knowledge in policy development
  • Knowledge of and experience working in a Treasury function
  • In-depth understanding of the global fixed income market and investments
  • Knowledge and experience in foreign currency hedging strategies, cash flow forecasting and debt sourcing skills
  • Good understanding of Solvency II and RBC
  • Microsoft excel modelling capabilities
  • Risk management skills
  • Strong analytical skills with a high level of accuracy and attention to details
  • Strong planning and organizing skills
  • Proactive and autonomous.
  • Proficiency in standard office computer applications.
  • Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity;
  • Ability to work in a multi-cultural environment;
  • Excellent communication (oral, written and presentation) and interpersonal skills; and
  • Fluency in written and spoken English. French will be an advantage.

 

Senior Underwriter

Role Specifications:

  • A Master’s degree in Business Administration (MBA), Finance, Economics, Banking or other financial service specialization;
  • A Bachelor’s degree in Finance, Economics, Banking or other financial service specialization
  • CII or CPA/ACCA (an added advantage);
  • A minimum of Eight (8) years relevant experience;
  • Technical understanding, expertise, and experience in insurance and re-insurance;
  • A proven track record of success underwriting complex transactions or providing sector specific underwriting skills;
  • Key Stakeholders management skills;
  • Demonstrate ability to initiate ideas for Product development;
  • Team leadership skills;
  • Demonstrate a clear understanding of policy wordings;
  • Strong analytical skills with a high level of accuracy and attention to details;
  • Excellent negotiation skills;
  • Good judgement and decision making skills;
  • Ability to work under pressure and meet urgent deadlines;
  • Excellent communication (oral, written, presentation) and interpersonal skills;
  • Ability to work in a multi-cultural environment;
  • Strong people management skills; and
  • Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity.

 

Underwriter

Role Specifications:

  • A Master’s degree in Business Administration (MBA), Finance, Economics, Banking or other financial service specialization;
  • A Bachelor’s degree in Finance, Economics, Banking or other financial service specialization
  • CII or CPA/ACCA (an added advantage);
  • A minimum of five (5) years relevant experience;
  • Technical understanding, expertise, and experience in insurance and re-insurance;
  • A proven track record of success underwriting complex transactions or providing sector specific underwriting skills;
  • Key Stakeholders management skills;
  • Demonstrate ability to initiate ideas for Product development;
  • Team leadership skills;
  • Demonstrate a clear understanding of policy wordings;
  • Strong analytical skills with a high level of accuracy and attention to details;
  • Excellent negotiation skills;
  • Good judgement and decision making skills;
  • Ability to work under pressure and meet urgent deadlines;
  • Excellent communication (oral, written, presentation) and interpersonal skills;
  • Ability to work in a multi-cultural environment;
  • Bi-Lingual communication skills in both English and French will be an added advantage;
  • Strong people management skills; and
  • Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity.

 

RLSF Coordinator

Coordinator’s key duties and responsibilities will be as below:

  • Contribute to the improvement of policies and documents relating to the Regional Liquidity Support Facility (RLSF) such as legal documentation, RLSF agreements (MoUs etc.), brochures, policy documentation, investment policy, cash management policy, risk management policy, etc. if applicable;
  • To gather and analyze feedback from the Energy Sector and take this feedback into consideration in product development including products for the benefit of off-grid and C&I projects;
  • Identify effective RLSF marketing channels and promote the RLSF among potential investors and lenders, through these channels (partner web sites, brochures, conferences, etc.);
  • Contribute to define the strategy and conditions per country. Develop and maintain country cover notes;
  • Develop and regularly identify a pipeline of IPP projects for RLSF and coordinate with the African Energy Guarantee Facility (AEGF) to identify synergies, potential for collaboration between AEGF and RLSF on projects. Wherever suitable, this includes also marketing and events relevant to the implementation of both initiatives – RLSF and AEGF, and coordination with AEGF stakeholders like EIB and Munich Re;
  • Contribute to the definition and updating of the RLSF pricing strategy;
  • Coordinate with the Portfolio and Risk Teams on updates to the underwriting guidelines in the Operations Manual relevant to RLSF
  • Upon request by ATI management, support with communication to potential future investors and stakeholders in respect of RLSF as well as provide support to ATI in responding to queries from donors or any other stakeholders;
  • Identification of ATI needs for further Technical Assistance, identification of potential donors, coordination of mobilization efforts and support Legal in documentation of Technical Assistance (TA) Agreements;
  • Coordination of the reporting requirements from all RLSF partners and compliance with the Framework Arrangement and Financing Agreement(s) entered into with various partners;
  • Manage the accounting of TA expenditure to relevant partners including the confirmation that services that are being invoiced by ATI were actually performed and documented, the payments have already been effected by ATI and all necessary documents have been presented and are in line with regulations/ standards.
  • Support ATI in managing TA (including budgeting, recruitment of consultants, ATI internal staff and implementation of any agreed tasks) within agreed milestones;
  • Propose improvements to the Transparency Tool and follow up on adaptation of the Tool by stakeholders;
  • Support the incorporation of RLSF in the Underwriting System, including improvements to current initiatives in this regard. Support the development of specifications for the underwriting system for changes that are required by the RLSF product;
  • Improve the expertise and underwriting methodology of RLSF;
  • Coach, train and develop the underwriting competencies of the Underwriting Team on Energy projects. Identify training opportunities for the ATI team relevant to underwriting of RLSF transactions;
  • Review energy projects and propose the best underwriting structure. Support underwriters in the review of the transactions themselves (Non-Binding Indication (NBI) and Underwriting stages) if required;
  • Underwrite large/ complex deals;
  • Assist ATI in becoming a center of excellence in energy/ renewable energy;
  • Prepare timely reports to the RLSF Steering Committee.
  • Support the periodic audit of RLSF
  • To manage the Regional Liquidity Support Facility (RLSF) and the African Energy Guarantee Facility (AEGF) including any reporting requirements to external partners;
  • To work with the Chief Underwriting Officer and the Chief Financial Officer in claims determination and payment as well as claims avoidance;
  • To perform other duties as may be assigned to you from time to time

Role Specifications:

  • A Master’s degree in Business Administration (MBA), Finance, Economics, Banking or other financial service specialization;
  • A Bachelor’s degree in Finance, Economics, Banking or other financial service specialization
  • CII or CPA/ACCA (an added advantage);
  • A minimum of eight (8) years relevant experience;
  • Technical understanding, expertise, and experience in insurance and re-insurance;
  • A proven track record of success underwriting complex transactions or providing sector specific underwriting skills;
  • Key Stakeholders management skills;
  • Demonstrate ability to initiate ideas for Product development;
  • Team leadership skills;
  • Demonstrate a clear understanding of policy wordings;
  • Strong analytical skills with a high level of accuracy and attention to details;
  • Excellent negotiation skills;
  • Good judgement and decision making skills;
  • Ability to work under pressure and meet urgent deadlines;
  • Excellent communication (oral, written, presentation) and interpersonal skills;
  • Ability to work in a multi-cultural environment;
  • Strong people management skills; and
  • Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity.
  • Bilingual abilities (English and French) will be a competitive advantage

 

Bi-Lingual Underwriter

responsibilities will be as below:

  • To undertake, and generate business through the promotion and marketing of ATI products and services on an on-going basis. This includes, but is not restricted to, leading on the promotion and marketing of ATI products and services for the Energy Sector;
  • Contribute to the drafting of the underwriting guidelines of ATI for the RLSF product, subject to ATI approval;
  • Assess countries Renewable Energy Sectors and contribute to defining the strategy and conditions per country;
  • Develop and maintain country cover notes;
  • Promote the RLSF among potential investors and lenders, through different channels (partner web sites, brochures, conferences);
  • Develop commercial relationships, attract new clients and contribute to the commercial strategy
  • Take Underwriting responsibility for specific countries/ regions/ sectors as and when required;
  • Advise clients on ATI’s policies, processes, products and requirements;
  • To screen and assess proposed transactions against ATI’s underwriting eligibility criteria;
  • To issue non-binding indications (NBIs) on eligible insurance applications;
  • Underwrite energy and renewable energy deals including the sector specific facilities – African Energy Guarantee Facility (AEGF) and the Regional Liquidity Support Facility (RLSF). To identify and evaluate all relevant commercial and political risks relating to proposed transactions and make sound underwriting recommendations to the Chief Underwriting Officer;
  • To negotiate terms, and pricing and to review Insurance Offer Letters for compliance with agreed terms;
  • To draft and negotiate proposed insurance policies for consideration and approval by ATI Senior Management, and support the Portfolio Services Team in administering and monitoring existing insurance policies;
  • Support the underwriting team in reviewing and underwriting large/ complex, structured or project finance based deals (energy, renewable energy, infrastructure);
  • Where necessary, to seek and place re-insurance among ATI re-insurers and other insurance companies in the international market;
  • To develop effective client relationships, with a focus on ATI partners in the Energy Sector, including and not restricted to Donors, Development Financial Institutions, Developers, Brokers, Multilaterals, Utilities and Information Providers;
  • To support the RLSF Coordinator develop reports for external partners;
  • To work with the Chief Underwriting Officer and the Chief Financial Officer in claims determination and payment as well as claims avoidance;
  • To work with the Chief Underwriting Officer and RLSF Coordinator in developing and executing an annual business plan and budget;
  • To work with the RLSF Coordinator, and external consultants where possible, in developing suitable insurance or guarantee products for the benefit of distributed energy projects (e.g. off-grid, C&I, etc.)
  • To perform other duties as may be assigned to you from time to time.

Role Specifications:

  • A Master’s degree in Business Administration (MBA), Finance, Economics, Banking or other financial service specialization;
  • A Bachelor’s degree in Finance, Economics, Banking or other financial service specialization
  • CII or CPA/ACCA (an added advantage);
  • Excellent Bi-Lingual communication skills in both English and French
  • A minimum of five (5) years relevant experience;
  • Technical understanding, expertise, and experience in insurance and re-insurance;
  • A proven track record of success underwriting complex transactions or providing sector specific underwriting skills;
  • Key Stakeholders management skills;
  • Demonstrate ability to initiate ideas for Product development;
  • Team leadership skills;
  • Demonstrate a clear understanding of policy wordings;
  • Strong analytical skills with a high level of accuracy and attention to details;
  • Excellent negotiation skills;
  • Good judgement and decision making skills;
  • Ability to work under pressure and meet urgent deadlines;
  • Excellent communication (oral, written, presentation) and interpersonal skills;
  • Ability to work in a multi-cultural environment;
  • Strong people management skills; and
  • Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity.

 

RLSF Underwriter

 duties and responsibilities will be as below:

  • To undertake, and generate business through the promotion and marketing of ATI products and services on an on-going basis. This includes, but is not restricted to, leading on the promotion and marketing of ATI products and services for the Energy Sector;
  • Contribute to the drafting of the underwriting guidelines of ATI for the RLSF product, subject to ATI approval;
  • Assess countries Renewable Energy Sectors and contribute to defining the strategy and conditions per country;
  • Develop and maintain country cover notes;
  • Promote the RLSF among potential investors and lenders, through different channels (partner web sites, brochures, conferences);
  • Develop commercial relationships, attract new clients and contribute to the commercial strategy
  • Take Underwriting responsibility for specific countries/ regions/ sectors as and when required;
  • Advise clients on ATI’s policies, processes, products and requirements;
  • To screen and assess proposed transactions against ATI’s underwriting eligibility criteria;
  • To issue non-binding indications (NBIs) on eligible insurance applications;
  • Underwrite energy and renewable energy deals including the sector specific facilities – African Energy Guarantee Facility (AEGF) and the Regional Liquidity Support Facility (RLSF). To identify and evaluate all relevant commercial and political risks relating to proposed transactions and make sound underwriting recommendations to the Chief Underwriting Officer;
  • To negotiate terms, and pricing and to review Insurance Offer Letters for compliance with agreed terms;
  • To draft and negotiate proposed insurance policies for consideration and approval by ATI Senior Management, and support the Portfolio Services Team in administering and monitoring existing insurance policies;
  • Support the underwriting team in reviewing and underwriting large/ complex, structured or project finance based deals (energy, renewable energy, infrastructure);
  • Where necessary, to seek and place re-insurance among ATI re-insurers and other insurance companies in the international market;
  • To develop effective client relationships, with a focus on ATI partners in the Energy Sector, including and not restricted to Donors, Development Financial Institutions, Developers, Brokers, Multilaterals, Utilities and Information Providers;
  • To support the RLSF Coordinator develop reports for external partners;
  • To work with the Chief Underwriting Officer and the Chief Financial Officer in claims determination and payment as well as claims avoidance;
  • To work with the Chief Underwriting Officer and RLSF Coordinator in developing and executing an annual business plan and budget;
  • To work with the RLSF Coordinator, and external consultants where possible, in developing suitable insurance or guarantee products for the benefit of distributed energy projects (e.g. off-grid, C&I, etc.)
  • To perform other duties as may be assigned to you from time to time.

Role Specifications:

  • A Master’s degree in Business Administration (MBA), Finance, Economics, Banking or other financial service specialization;
  • A Bachelor’s degree in Finance, Economics, Banking or other financial service specialization
  • CII or CPA/ACCA (an added advantage);
  • A minimum of five (5) years relevant experience;
  • Technical understanding, expertise, and experience in insurance and re-insurance;
  • A proven track record of success underwriting complex transactions or providing sector specific underwriting skills;
  • Key Stakeholders management skills;
  • Demonstrate ability to initiate ideas for Product development;
  • Team leadership skills;
  • Demonstrate a clear understanding of policy wordings;
  • Strong analytical skills with a high level of accuracy and attention to details;
  • Excellent negotiation skills;
  • Good judgement and decision making skills;
  • Ability to work under pressure and meet urgent deadlines;
  • Excellent communication (oral, written, presentation) and interpersonal skills;
  • Ability to work in a multi-cultural environment;
  • Bi-Lingual communication skills in both English and French will be an added advantage;
  • Strong people management skills; and
  • Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity.

 

Senior Communications Officer

key duties and responsibilities will be as below:

  • Create and implement an annual communication strategy to support and operationalize ATI’s strategic objectives;
  • Manage the production and distribution of reports, presentations, press releases and announcements produced by ATI and provide hands-on leadership and oversight of an internal team and external providers that covers all aspects of communications;
  • Write and edit press releases, in-house newsletters, presentations, speeches, articles, promotional material and annual reports;
  • Produce ATI’s annual report, which includes coordinating input from management and all stake-holders and production;
  • Work with HR to create an internal communications plan that will incorporate targeted messaging to help foster an environment of transparency and unity;
  • Plan and implement PR campaigns;
  • Provide support in managing and establishing partnerships with donors, multilaterals and other potential stakeholders;
  • Produce quarterly reports for the Board of Directors, Half-year financial reports for ATI’s website and manage distribution to key stakeholders;
  • Manage the implementation of ATI’s brand by ensuring brand consistency across all collateral;
  • Manage ATI’s website and all social media pages including content production;
  • Provide advisory services to management on topics including reputational/brand management, crisis communications and media training;
  • Develop and maintain good working relationships with domestic and international newspapers, magazines, radio and television media, expand the media database and reach to include contacts at top-tier international media outlets and support senior staff in the planning of media briefs and stakeholders management;
  • Answer enquiries from individuals, journalists and other organisations and Act as the spokesperson when required;
  • Work with the Underwriting and relevant departments in reviewing, updating, and producing marketing brochures, handouts, and multimedia and digital products;
  • Manage organization of special events, such as ATI’s annual international Roundtable, AGM-related activities, office launches, workshops, press conferences and exhibitions.
  • Plan and implement effective people management initiatives including:

Role Specifications:

  • A Master’s degree in Communications, Marketing or Public Relations or related field
  • A Bachelor’s degree in Communications, Marketing or Public Relations or related field
  • Professional qualification in Communications, Marketing or Public Relations
  • A minimum ten (10) years of relevant full time professional experience in public relations and communications work
  • Excellent Bi-Lingual communication skills in both French and English with French as the native language.
  • Knowledge of and experience in public relations and communications;
  • Demonstrated ability to synthesize complex issues into clearly written articles, speeches and press releases;
  • Demonstrated skills in creating and implementing communications strategies in large institutions of corporations;
  • Experience in designing and implementing short, long-term strategic marketing and/or PR plans;
  • Business Judgment and analytical decision making – able to gather information, assess risk, consider impact and articulate benefits of decisions;
  • Demonstrated ability in delivering impactful Communication, able to share and articulate ideas verbally and written in a compelling manner in order to effect change and influence decision-makers;
  • Good working knowledge on annual business planning and budgeting process;
  • Excellent communication (oral, written, presentation) and interpersonal skills;
  • Ability to work in a multi-cultural environment;
  • Strong people management skills; and
  • Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity.

 

Young Professional Legal Officer

  • Assist in the negotiation, drafting, vetting and interpretation of legal documents, agreements, treaties and conventions including but not limited to: the ATI Treaty and Articles of Association,, Participation Agreements with Member States, operational manuals, memoranda of understanding with partners, insurance contracts, and re-insurance agreements for and on behalf of ATI;
  • Assist in providing legal and technical advice to the Underwriting Department in drafting and negotiating proposed insurance policy wordings, insurance offer letters, loan agreements/documentation and other associated documents; and
  • Assist the underwriters in providing advice on legal implications of all insurance contracts and underlying commercial transactions;
  • Assist current and prospective Member States in drafting, negotiating  and concluding  various agreements with ATI and donors including (but not limited to) the World Bank and the African Development Bank;
  • Assist in liaising and coordinating with legal departments of member states, development financial institutions and other key partners;
  • Assist in interpreting issues related to staff contracts, Partnership Agreements and all other contracts to which ATI is a party;
  • Undertake research work in the area of law reform and development;
  • Assist the Human Resources Department in managing legal aspects related to staff and employment issues;
  • Assist in liaising and coordinating with ATI’s external legal advisors;
  • Maintain current knowledge of relevant laws of ATI member countries;
  • Assist in claims handling and determination; and
  • Other duties that may be assigned from time to time

Qualifications & Skills

  • Be a citizen of a member country of ATI
  • Be 35 years of age or younger by December 2022
  • Possess a Master’s degree or equivalent in law that is relevant to the business of ATI, with outstanding academic credentials
  • Possess a Bachelor’s degree in law that is relevant to the business of ATI, with outstanding academic credentials
  • Be a practicing lawyer in a jurisdiction applying common English law or French law or both
  • Have practical knowledge in insurance or banking or international public law
  • Have at least a minimum of three (3) years of relevant full time professional experience in the areas that are relevant to the business of ATI.
  • Demonstrable passion for Africa’s Development and Regional Integration
  • Possess strong analytical skills and excellent interpersonal skills
  • Be proficient in ATI’s working languages, English and French. For this position, a native French speaking candidate is a preference.

How to apply

Candidates are required to submit an electronic copy of the following:

  1. Application Letter;
  2. CV, plus details of your current remuneration package if applicable along with details of three referees; and
  3. Personal History Form

Submit your application to recruitment@ati-aca.org indicating the position applied for as the subject of your email.

The closing date is Friday, 30 September 2022 at Midnight Nairobi time.

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