INSURANCE MANAGER AT FMG EMPOWERMENT LIMITED

About Company:

FMG Platform is a pioneering Mentoring, Business Development, and Empowerment initiative dedicated to helping individuals, families, cooperatives, organizations, and government agencies achieve financial independence and success. Our platform empowers members (Associates) with mentorship, wealth-enhancing products, and services provided through our network of affiliated companies.

We believe in creating opportunities for everyone , regardless of their background or financial situation, to start businesses, accelerate profitability, and build fulfilling, stress-free lives. With access to expert guidance, capacity-building programs, and discounted services in real estate, insurance, and business support, FMG members are positioned for unparalleled growth.

We are recruiting to fill the position below:

Job Description:

• The Insurance Manager is responsible for overseeing the organization’s insurance portfolio, managing risk exposure, coordinating insurance policies, and ensuring compliance with regulatory requirements.
  The role involves liaising with insurers, brokers, and internal stakeholders to secure adequate coverage while optimizing costs and minimizing risk.

Key Responsibilities
Insurance Portfolio Management:

• Manage all insurance policies including life, health, motor, property, liability, and other applicable covers.
• Ensure timely renewal of insurance policies and accurate documentation.
• Review policy terms and conditions to ensure adequate coverage.

Risk Management:

• Identify, assess, and mitigate insurable risks across the organization.
• Recommend appropriate insurance solutions aligned with business operations.
• Develop and implement risk management strategies and controls.

Claims Management:

• Coordinate insurance claims from initiation to settlement.
• Ensure proper documentation and follow-up with insurers and brokers.
• Maintain records of claims history and outcomes.

Compliance & Regulatory Oversight:

• Ensure compliance with industry regulations and insurance laws (e.g., NAICOM guidelines where applicable).
• Monitor changes in insurance regulations and advise management accordingly.

Stakeholder & Vendor Management:

• Liaise with insurance companies, brokers, loss adjusters, and regulators.
• Negotiate premiums, policy terms, and service-level agreements.
• Provide insurance-related advice to management and departments.

Reporting & Documentation:

• Prepare periodic insurance and risk management reports for management.
• Maintain accurate insurance registers and policy records.
• Track insurance costs and recommend cost-optimization strategies.

Advisory & Training:

• Educate staff on insurance policies, risk awareness, and claims procedures.
• Support management in strategic decision-making related to risk and insurance.

Requirements:

• Bachelor’s degree in Insurance, Finance, Business Administration, Economics, or a related field.
• Professional certification (e.g., CIIN, ACII, CPCU) is an added advantage.
• Minimum of 5 - 8 years experience in insurance, risk management, or a related role.
• Strong knowledge of insurance products, underwriting, and claims processes.
• Excellent negotiation, analytical, and communication skills.
• Proficiency in Microsoft Office and insurance management systems.

Key Competencies:

• Risk assessment and mitigation
• Negotiation and vendor management
• Attention to detail
• Problem-solving and decision-making
• Integrity and professionalism.

Working Conditions:

• Office-based with occasional travel for inspections, meetings, or claims assessments.

Salary

Application Closing Date: 24th December, 2025

Application Instructions:

Qualified candidates should send their CV in PDF Format as a single document, attached to: hadaba.gresource@gmail.com using the Job Title as the subject of the email.